34 



HARDWOOD RECORD 



March 10, 1019 



Lumber Office Opened in Memphis 



The Chicago Lumlier & Coal Company has opened an oflicp at Memphis. 

 Tenn., where it will handle hardwoods cut by mills either owned or con- 

 trolled by the company. The office is located in the Exchange building, 

 where J. H. Maassen will be in charge ; S. B. Schwartz will be sales man- 

 ager of the new department, and L. W. Tibbits will occupy the position of 

 traveling representative. These men have had much experience and havi> 

 been successful. Mr. Maassen for ten years was associated with the Ful- 

 lerton Powell Hardwood Lumber Company; Mr. Tibbits was five years 

 with the same company : while Mr. Schwartz was associated with the 

 Gayoso Lumber Company for twelve years. 



The new department starts with an assorted stock of 30,000,000 feet of 

 hardwood lumber, and will open an export office in New Orleans. 



The cypress and hardwood departments were formerly combined in the 

 headquarters of the Chicago Lumber & Coal Company, at East St. Louis. 

 111. The department was in charge of F. T. Beck, sales manager, and 

 Mr. Beck will remain in St. Louis to operate an exclusive cypress depart- 

 ment, which the growth of the cypress trade neeessitates. The cypress 

 shipped by the firm in 191S aggregated approximately 24.000.000 feet, and 

 was secured from the band mills of the company in Louisiana. 



The Chicago Lumber & Coal Company started in a small way in 180G 

 and the growth has been steady during the fifty-three years intervening 

 between that time ami the present. Last year the company's busines.s 

 reached a total of 10.910 cars of lumber. It controls five band mills, one of 

 which, at Ravenwood, La,, it owns. 



The export business will be managed by W. N. Lynch, who was formerly 

 connected with the Riggs-Terrell Lumber Company, New Orleans. 



Wholesale Organization Launched 



The American lOxpoil LuiiihiT Corporation, which is the export branch 

 of the National Bureau of Wholesale Lumber Distributors, has perfected 

 its organization. The executive committee met in New York the early 

 part of the month and worked out the final plans for the movement, also 

 appointing as temporary officers the following members : 



President, Thomas E. Coale, Philadelphia ; first vice-president, Benard 

 L. Tin, New York : second vice-president, John I!. Montgomery, Pitts- 

 burgh ; secretary -treasurer, F, S. Underhill, Philadelphia. 



The legal counsel of the organization is to be George B. Davie-s, New 

 York, and Franklin D. Jones of Washington, D. C. 



The corporation will be a stock company owned by members of the 

 National Bureau of Wholesale Lumber Distributors. It is incorporateil 

 under the Webb act and as is indicated, is designed for the purpose of 

 stimulating foreign trade among" members of the association, it being con- 

 ceived that much more effective development will result with centralized 

 action and distribution. 



The corporation will be in exceptionally strong condition, as it will 

 handle all classes of stock. At present there are seven divisions cover- 

 ing seven varieties of wood. Each division i.s represented by its own com- 

 mittee and the whole plan contemplates close checking up on stocks, market 

 prices, etc. Each member will receive but one vote regardless of the 

 amount of stock he owns in the corporation, which charges a commission of 

 five per cent for handling the busine-ss and makes its purchases from mem- 

 bers only except where it may be absolutely essential to go outside. Thus 

 the membership makes its profit on its sales to the corporation and the 

 members holding stock get further returns from dividends. 



The association is now represented by an investigating committee, which 



is touring Europe. This committee is composed of the following well- 

 known wholesalers ; Louis Germain, Pittsburgh ; J. W. Turnbull, Phila- 

 delphia ; F. d'Anguera, Chicago ; Roy C. Daly, Seattle ; L. F. Driver, 

 Thoma.sville, Ga. 



Stonebraker Enters Export Business 



F. E. Stonebraker, who since the organization of the Southern Alluvia] 

 Land Association at Memphis has served mo.st efficiently as secretary and 

 manager of that organization, has resigned to go into the export lumber 

 business. Mr. Stonebraker has been a lumberman for many years and prior 

 to becoming secretary of the land association was prominently known as a 

 leading lumber exporter at Memphis. He has made a remarkably fine 

 reputation and has built up the association to a very strong position, 

 ilembers of the organization sincerely regret his leaving and have 

 expressed their regret and their regard for Mr. Stonebraker in con- 

 crete form. 



Mr. Stonebraker is succeeded by F. D. Beneke of Memphis, who has been 

 connected with newspaper work in and around Memphis for a number of 

 years. Mr. Beneke has served on the Memphis Commercial Appeal in a 

 reportorial capacit.v and has made a specialty of working up articles on 

 the Mississippi alluvial land region. Mr. Beneke has been closely asso- 

 ciated with government publicit.v work during the progres.s of the war and 

 in various directorships. He will have associated with him Vincent M. 

 Carroll, who will act as field secretary. 



Mr. Carroll is very well qualified by experience to carry on this work. 



From War to Lumbering 



Lieut. H. D. Wilmoth and F. J. lloneymeyer. both fresh from the Euro- 

 pean battlefields, have entered the employ of the J. C. West Lumber Com- 

 pany, Cincinnati. Lieut. Wiimoth commanded a trench mortar platoon at 

 Chateau Thierry, and also took part in the St. Mihiel drive and the 

 .\rgonne I)attle. Just before the armistice w-as signed he was sent to 

 .America to train troops in the use of trench mortars, and he was at Camp 

 Sevier, S. C., when the war closed. He has now entered the service of 

 and southern Michigan. He is a graduate of the West Virginia University. 

 LUe company named above, and will enter the work of salesman in Ohio 



Mexico Proposes to Pay Its Debts 



Mexico has inaugurated a movement looking toward paying the nation's 

 debts. No interest or principal has been paid during the past four years. 

 Arrangements are now contemplated whereby payments can be resumed. 

 .\ commission has been sent to the United States to discuss the matter 

 with bankers. The national debt now totals $700,000,000, Mexican, which 

 is about $47 per capita. That debt is not very large compared with the 

 (lelits of some other nations ; but the Mexicans are proverbially poor pay. 

 .\ny movement toward taking care of the public debt will be watched with 

 interest by business men of the United States who wish to increase their 

 operations in Mexico. 



Enameled Wooden Beads 



.\ new kind of beads are becoming fashiunalde. They are made of 

 wood, covered with a coating of enamel, but so well is the wooden center 

 concealed that the ordinary purchaser is not aware that the beads are 

 made of wood. They pass for porcelain or some rare material and only 

 when the coating is cracked is the wood visible. Woods with fine grain 

 and capable of receiving a high polish are suitable for such heads. S»ft 

 maple is one of the best. 



PHILIP A. KVAN. PRESIDENT SOUTH- J. 

 WESTERN HARDWOOD MANUFACTUR- 

 ERS' CLUB, LUFKIN, TEXAS. 



II. MAASSEN, IN CHARGE MEMPHIS 

 OFFICE CHICAGO LUMBER & COAL 

 COMPANY. 



SCHWARTZ. MKMrlllS SALES MAN- 

 AGER. CHICA(;il Ll'.MBER & COAL 

 COMPANY. 



