HARDWOOD RECORD 



3' I 



■ rfward nf $100 for Information leading to the 

 eonvU'ilon of the guilty pnrtlos. 



Marlon SidVuk, an employe of the Nluh Lum- 

 ber Comimuv, was recently acquitted of the mur- 

 der of VIrRll Fannin, whom be caught stealing 

 chain (logs and lines from the company's rafts 

 «t North Oatlelisburg several months ago. The 

 boy started to run when detected and was shot 

 donu liy McPeak. 



A number of valuable rafts came out of 

 tiuyan ou the recent rise, several of which were 

 made up of walnut timber from Wyoming county 

 and contain some very valuable wood. 



The Oreenbrler Pole Company, with main yard 

 at Ceredo. W. Va., is doing a big business and 

 thousands of poles are sent out monthly to all 

 sections of the country. They have fully 50,000 

 poles on hand now and a large force of men in 

 the mouniains getting them out. 



K. J. Md-inn, special commissioner for the 

 estate of J. T. JJay, recently sold all of the tim- 

 tier on a tract of 1,141 acres In Morgan county. 

 Kentucky, to John A. Graham & Co. of Lexing- 

 ton, reserving the locust. The price was .^31,- 

 (00. Ten years ago Mr. Day paid $5,400 for 

 the land and later sold ?1.000 worth of poplar 

 from It. The Graham company manufactures 

 woodwork for wagons and small parts for chair 

 factories. 



It Is reported that Falrchild & Son of this 

 city have secured control of the electric light 

 plant at Grayson and will run in connection 

 with It a saw and planing mill. 



The plant of the Kenova Saw Mill Company 

 Is temporarily closed down for rep.Tirs on the 

 engine. It will start up in a few days with 

 plenty of work ahead. 



W. E. Tripp, the South Webster crosstie dealer, 

 who makes his headquarters and distributing 

 point at Portsmouth, O., has just closed the 

 largest contract he has had since engaging in 

 the business, being to supply the Baltimore & 

 Ohio South Western railroad with 400,000 ordi- 

 nary ties and 700.000 switch ties, the latter be- 

 ing of superior quality. He expects this con- 

 tract alone will keep him busy for a year. 



Joseph Keys of the Keys Fannin Lumber Com- 

 pany was a recent business visitor from Holden, 

 W, Va. 



Leon Isaacson, the New York representative 

 of the Yellow Poplar Lumber Company, has 

 been here for a few days on business. 



Wausau. 



-V case will bo sued soon in Ashland county 

 wherein the sum of 915.000 hinges on one word. 

 John Roberts of Washburn has sued the John 

 D, Young Lumber Company for that amount. 

 He bought a tract of land subject to a timber 

 deed held by the lumber company. The record 

 shows the company had the right to cut all the 

 pine timber, but the company cut the hardwood 

 as well as the pine. The defense Is that the 

 word "pine" was written in by mistake by the 

 register. 



The Paine Lumber Company of Oshkosb is en- 

 larging the capacity of its veneer mill. The 

 company Is adding several vats to the battery of 

 eight at present in use. 



The Goodman Lumber Company, recently or- 

 ganized in Marinette with a capital stock of 

 $500,000, will build a hardwood mill and rail- 

 road, and start a new town on the "Soo" line 

 between Dunbar and Armstrong creek. Survey- 

 ors are running lines for the town and railroad. 

 The company has made a large purchase of hard- 

 wood timber and is preparing to invest $500,000 

 and move as soon as plans can be completed. 

 Employment will be given to several hundred 

 men. The financial flurry has not in the least 

 disturbed the plans of this company. The Good- 

 man Lumber Company is controlled chiefly by 

 parties having large Interests in the Sawyer- 

 Goodman Company of Marinette, which was 

 founded by Senator Phiietus Sawyer about thirty 

 years ago and is one of the largest and strongest 

 lumber firms In Wisconsin, but the new company 

 Is a completely separate corporation and will be 



fully organized for independent operation, with 

 Ibe latest and host machinery and equipment 

 for the manufacture of hardwood lumber and 

 other products. 



The Harrington Package Company of Crandon, 

 lately organized, has elected ofllcers as follows : 

 President. J. It. Harrington, Crandon : vice-presi- 

 dent. Klley Allen. Wellsvllle, N. V. : secretary. 

 W. G. Noble, Belmont, N. Y. ; treasurer, J. It. 

 Droney. Olean, N. Y. The directors are com- 

 posed of the above and Almon Smith of Crandon. 

 The company is buying large quantities of hard- 

 wood timber and expect to commence business 

 soon. Can Jackets, butter dishes and kindred 

 products will lie manufactured. 



About 4,000.000 feet of mixed hardwood and 

 hemlock logs being cut near llatley will be 

 hauled by rail to Merrill and sawed in the mill 

 of the Wright Lumber Company. 



A dry kiln of the I. Stephenson Lumber Com- 

 pany at Wells, Mich., was recently dei^troyed. 

 The destruction of the kiln will necessitate shut- 

 ting down the company's flooring plant for six 

 weeks. The tire is supposed to have originated 

 from overheating. The loss on building, hard- 

 wood lumber, etc., is fully covered by insurance. 



A new firm which is making a bid for some of 

 the hardwood flooring business of central Wis- 

 consin is the F. E. Wordon Lumber Company of 

 Oshkosb, capitalized at ¥25,000. The incorpo- 

 rators are Frank K. Worden. Colonel Seymour, 

 W. Hollister and Frank Hopper, all of Oshkosb. 



It is hard to judge lumbering and market con- 

 ditions in Wisconsin at present, there are so 



many conflicting reports, but things are gener- 

 ally quiet. Id the Oshkosb district it appears 

 that all factories and mills are kept fairly busy, 

 but the business is not as brisk as it was a 

 year ago. The financial scare appears to have 

 ptit a quietus on building operations and conse- 

 quently there Is a dropping off in the sale of 

 hardwood finishings, columns, mouldings, etc. 

 Most of the companies are preparing to make^ 

 Iheir usual cut of logs this winter. 



The Diamond Lumber Company's plant at 

 flreen Bay has been closed down because of thi- 

 tinanelal strlngenc.v. Tlie owners say there Is 

 no sale for pi-oducts and that they have been 

 hard pressed for several weeks. The company 

 will operate only one camp this winter. The 

 Northwestern Lumber Company has closed its 

 mills in Stanley and i:»u Claire and several hun- 

 dred men will be dropped from the payroll. Tln>- 

 Chippewa Lumber and Boom Company does nor 

 contemplate reducing Its number of camps. In 

 the Wausau district all the hardwood manufac- 

 tories are running on a reduced number of or- 

 ders. The W. D. Connor Lumber Company of 

 Stratford is reported to have cut wages and 

 some institutions are operating eight hours per 

 day instead of ten. Sales in this section are 

 not as brisk as they were a few weeks ago. The 

 Wisconsin Box and Lumber Company, Wausau. 

 which only recently put a new plant In opera- 

 tion, has closed down because of the cancellation 

 of orders. The country mills which cut most of 

 the hardwood logged by farmers will, from the 

 present outlook, be as active this winter as ever. 



Hardwood Market. 



(By BABD'WOOD SECOBD Esclusive Market Reporters.) 



Chicago. 



In spite of the stringent conditions that have 

 existed during the last two weeks in monetary 

 affairs, considerable lumber has been changing 

 hands in this market. Orders have been small 

 and far between, but still there has not been a 

 cessation of business by any means. Of course 

 trade has been unsatisfactory. There has been 

 no great cancellation of unfllled orders, but every 

 jobber has received instructions to hold up ship- 

 ments for either a definite period or temporarily. 

 There has been little or no price cutting in an 

 attempt to force sales, which is a very fortunate 

 circumstance. With the renaissance of general 

 banking facilities there is a very optimistic tone 

 to the market ; it is thought that the financial 

 flurry is practically over and that business will 

 resume fairly good shape within a very few 

 weeks. 



New York. 



There is not much activity in the local hard- 

 wood trade. Business lacks snap and vigor, due 

 primarily to the tendency of the trade to go 

 slow in purchasing until the present financial 

 situation rights itself. The recent announcement 

 of government relief, it is believed, will enable 

 trade to resume a more normal tone within the 

 near future, as general conditions are such as 

 should provide a good volume of lumber trade 

 iluring the winter. The factory trade and other 

 branches of tlie consuming market arc busy and 

 consumption in that direction is about normal, 

 but the building business is being interfered with 

 by reason of the loan market, and will take some 

 time to readjust itself. A gratifying feature of 

 the present situation is the firmness with which 

 the market and prices are being malnlalned by 

 the wholesale trade. Of course, the reduction In 

 output at mill points by reason of the financial 

 stringency makes wholesalers and holders of 

 any hardwood stock realize that It Is a big 

 mistake to sacrifice anything or to push the 

 market, and from this standpoint there Is every 

 indication that hardwood prices and the hard- 

 wood market will be held very stiff even during 

 the readjustment of financial conditions. 



Philadelphia. 



Things are not as satisfactory as could be 

 wished at the present time, but the hardwood 

 line is the least involved, owing to scarcity of 

 material and the fact that the woodworking 

 industries have been steady consumers right 

 along. Buying is carried on "from hand to 

 mouth" and there is a lack of spice in trading. 

 The car shortage is serious and the heavy 

 weather is fast approaching, which will be an 

 important factor in governing hardwood values, 

 which, it may be stated, with few exceptions, 

 have up to this time held fairly steady. The 

 financial situation has upset the market, and 

 though confidence is gradually being restored. It 

 will naturally take time to revert to normal 

 conditions. 



Small jobs in building and repair work still 

 go on to a considerable extent, and the unfin- 

 ished work in more extensive propositions of 

 this kind is rapidly being disposed of, but the 

 large operations recently planned, and which de- 

 pend on mortgage or ground-rent loans, will not 

 be taken up until the spring. The furniture fac- 

 tories are still consuming considerable lumber, 

 but retail lines are dull. Door and mlllwork 

 concerns and flooring and Indoor finish makers 

 are busy on odds and ends. The boxmaker is 

 keeping fairly busy. Veneer and cigar-box manu- 

 facturers are busy though not rushed. Poplar 

 seems to he king of hardwoods and ash and bass- 

 wood arc close seconds. Chestnut Is a little 

 shaky in price : quartered oak moves freely ; 

 beech and cherry hold steady, but oak Is being 

 sold considerably below normal value. 



Baltimore. 

 The hardwood trade here has settled down to 

 comparative quiet, though no pronounced weak- 

 ness has developed in any direction. It Is 

 asserted that stocks at the mills are only of 

 moderate proportions. The demand is really 

 quite satisfactory in view of conditions. The 

 yards are buying only to meet immediate wants. 

 These wants are In the main of encouraging 

 proportions, I)ut prices are as a rule relatively 

 easy. No pronounced drop has taken place, 

 however, and so far there are no indications 



