38 



HARDWOOD RECORD 



space to make llie project a ceitainty. Mc. Pope made the interest Ing 

 observation that lumbermen would be securing practically the entire 

 benefit of an investment ot about $2.2r)0,000. He states that the real 

 estate value represented is approximately Ifl.OOO.OOO. while the cost 

 of the building will be $1.2r>0,000. Lumbermen will have practically the 

 entire be'neflt of this total investment as there will be no restrictions or 

 disadvantages which they would not feel had they linanced the entire 

 project themselves. In addition they will be relieved ot all such Tinancial 

 troubles and will not be bothered with bond issues or anything of the 

 sort. Thus it can be seen that the project, if carried through, would be 

 immensely to the advantage of the Chicago lumber trade. Those who 

 have not already taken space should surely get Into coramunieatlou with 

 some member of the building committee as quickly as possible In order 

 that they may secure satisfactory location in the building. 



The business meeting of the club was followed by an enjoyable stag 

 affair, which was fairly well attended. It was carried off with the usual 

 snap for which these functions, gotten up by the entertainment com- 

 mittee of the club, are noted. Tlu' entertainment was ot a vaudeville 

 nature. It was the first of the November functions listed, the next to 

 be ladles' night, being an evening of ."iOO for members and guests. 

 This will take place on November 12. On November 1S> there will be an 

 informal dance for members and guests, while November 21) will be the 

 date of nii-n's night, when auction l)ridge will be indulged in. Jlembers 

 will be allnwed to bring guests to that affair also. 



With the Trade 



To Build Mill at Dyersburg, Tenn. 

 ■Ihe I'rice-ltuhl l.umh. r (.ouipiiii.v has purebasid a tract ul' laud iu 

 Dyersburg. Tenn., which will be used as a site for a big band mill. The 

 machinery has already been ordered and the construction of the neces- 

 sary buildings is under way. This firm, which has been only recently 

 organized, will make a specialty of hardwood lumber. Grant S. Trice, 

 who recently lost a mill by fire at Norwalk. O., is the ruling spirit in 

 the new company. He decided that it would be more advantageous to 

 rebuild the mill at Dyersburg than at the old location. Although spe- 

 cial attention will be given to hardwood lumber a planing mill will be 

 operated and building material of various kinds will be prepared for 

 the mai-ket. The plant is to be one ot the largest of the kind in that 

 part of the country. 



Starts Business at Memphis 



The II. D. .\lliMi I,n?!ih.'r Company is tiic iatist additiim to the hard- 

 wood hiinbi'r industry of .Memphis. It is headed by II. D. Allen, who was 

 until recently manager of the southern office of the Greble-Sine Lum- 

 ber Company. He took charge of the Memphis business of this firm 

 when Mr. Greble went to Chicago to look after the northern end, follow- 

 ing the death of Mr. Sine. The new firm will handle lumber at wholesale 

 and is identified with the Allen-Newman Lumber Company, which Is 

 operating a mill at Pinkney, Ark., but which has its offices in Memphis. 

 Although Mr. Allen is quite a young man he has had a wide and thorough 

 experience in the Inardwood business, having been successively employed 

 by the Three States Lumber Company, the Paepcke Leicht Lumber Com- 

 pany, the Ford & Johnson Chair Company, the \V. D. Reeves Lumber 

 Company and the Greble-Sine Lumber Company. 



Michigan Concern Will Cut Out 



The operations of the R. G. Peters Salt & Lumber Company at East- 

 lake. Slich., will be completed the present season and the company will 

 close its plant at Eastlake. The timber resources of this concern are 

 exhausted, and with the cutting of the last log the mill will shut down 

 and operations of the salt block will be suspended. 



The company is under the receivership of the Michigan Trust Com- 

 pany of Grand Rapids and imder the direction of the t'nited States court. 

 Under other circumstances the company might continue the purchase 

 of timberlauds tributary to its operations, but this is not likely with the 

 receivership in effect. 



The R. G. Peters Salt & Lumber Company is one of the best known 

 concerns in western Michigan. The business was founded by E. G. I'eters, 

 who began operations in a small way at Manistee forty years ago. He 

 put all his resources into buying lands and his titles extended from 

 Manistee to Cadillac and beyond. The entire tract has been stripped 

 ot its forest and so at the close ot the present season there will be 

 nothing left for the mill to cut. 



Death of Isaac Stephenson, Jr. 



Isaac Stephenson, Jr.. a nephew of Senator Isaac Stephenson, and son 

 of Robert Stephenson, was found dead in his berth on a Chicago & 

 Northwestern railroad train arriving at Milwaukee, Wis., on Oct. 28, 

 en route to Chicago. The death was supposed to be directly due to heart 

 failure. 



Mr. Stephenson had been manager of the Ludington-Van Schaack & 

 Wells Company of Louisiana tor about fifteen years. He erected and 

 had in entire charge the mill and operations of that company from the 

 time of its inception up to its sale to the Long-Bell Lumber Company 

 last year. Mr. Stephenson's health had not been good for some little 



lime. |.-iir this nasuu he was l.d 1.. tr\h-r from artic wurk. After 

 disposing of the properly he returmil to his (,ld bunn' in .Menoniin.-e. 

 Mich., where ho lived with a married daughter. 



Mr. Stephenson was well liked for Ills many pleasing cpmlllies. He was 

 fifty-four years old. 



New Band Mill Warren Ross Lumber Company 



Till- new l>iiiid mill c.f lb.' Warn^n Itc.ss Limdii-r < '..iii]jiniy ai James- 

 town. N. v.. is rcporled to be about completed. This conci-rn does an 

 extensive business in hardwoods and the mill now being erected will be 

 for the i>urpose of sawing cherry and mauogany, of which this concern 

 has made a specialty for a number of years. The manufacture of Amer- 

 ican hardwoods is a consideration that may come up at some future date, 

 but is not in mind at present. 



To Manufacture All Kinds of Hardwood Flooring 



J. C. Alfrey of Crawl'orilsvilli'. Ind.. aniinnn( is tlinl tin- hardwood 

 flooring business wliich hi' starled about three nionibs ago has been 

 progressing nicely. Mr. Alfrey says that he has been merely filling the 

 demand on tlio part of the local trade, but that he is now making exten- 

 sive arrangements whereby he will increase the capacity of his plant 

 about four times over the present capacity, and will then be in a position 

 to ship straight or mixed cars of hardwood flooring in oak, maple and 

 beech of various kinds and grades on the general market. 



Mr. Alfrey and his fatlier have been directly connected with the lumber 

 and Hooring business for a great many years in Indiana, and their- 

 product should find a ready sale. 



Meeting National Lumber Manufacturers' Credit Corporation 



Tni- annual mi'.'Iin..' "f lb' Natbmal I.ulnb.'r .Maniifacturrrs' Cr.^dit 

 Corporatiou was held at thi' offices of the corporation at .Norfolk. Va., 

 recently. The National Lumber Manufacturers' A.ssociatiim, which is the 

 only stockholder, was represented by C. I. Millard. W. P. Roper, E. R, 

 Baird and Secretary J. E. Rhodes. R. H. Downman of New Orleans was 

 elected president of the corporation. The directors were also elected. 



It was decided to liold the next annual meeting of the stockholders at 

 the offices of the company at Norfolk, the first Wednesday of June and 

 that thereafter the regular annual meetings shall lie held on that day 

 each year. Regular members of the executive committee were also 

 elected, and in addition to R. H. Downman as president the following 

 oflScers were elected : W. E. DeLaney, Cincinnati, vice-president ; J. A. 

 Freeman, Pasadena, Cal.. treasurer, and J. E. Rhodes, Chicago, secretary. 



Peytona Lumber Company Building New Mill 



The new mill of ihe I'cyti.na Lumlur <onipany. Iliiniinulnn. \V. Va., is 

 soon to be opened at Dicovilie. Logan county. \V. \:\. The mill will be 

 equipped with an eight-foot band saw and will manufacture hardwoods 

 entirely. Occoville is ninety miles from Iluniington on the Chesapeake 

 & Ohio railroad. The output of the new mill will be marketed from the 

 I-Iuntiugton olbt e. 



Fire Bacon-Underwood Veneer Plant 



The veneer plant of the Haeon-Underwood Veneer Company at Jlobile, 

 Ala., was partially destroyed by flre on Oct. 14. with the resulting loss 

 of between .?33.000 and .$40,000. The flre consumed the office buildings. 

 dry-Ui'ns and lumbei- stocks. 



Change of Headquarters 



The ilanslield Hardwood Lumber Company of Slireveport. La., an- 

 nounces that lieginning with Nov. 1. its general offices have been at Winn- 

 fieid. La. The Shreveport quarters have been maintained for the last 

 Ihree years and were established there after the concern moved from 

 Mansfield, where a hardwood mill is located. The company has main- 

 tained a liardwood mill at Winnfield for the past three years and plans 

 to erect another mill at that point. Hence this change of headquarters. 

 To Start Business at Ashland, O. 



Harry Vanosdell, Henry Vanosdell and Fred Edwards and W. D. Han- 

 ville recently purchased the lumber y&rd formerly occupied by C. S. 

 Garetson at Ashland. O. These three men have incorporated a concern 

 to be known as the U. V. & E. Company, which will make a specialty of 

 hardwood for manufacturing purposes. 



Harvester's Suit Nears Close 



The suit for the dissolution of the International Harvester Company 

 seems to be nearing an end. Opposing counsel appeared at the L'nited 

 States district court at St. Paul on Nov. 3, for the final struggle in 

 the government suit to dissolve the company as a monopoly in violation 

 of the Sherman anti-trust law. Both the government and the Harvester 

 company had on hand formidable arrays of counsel. 



Edward P. Grosvenor. special assistant to Attorney-General Reynolds, 

 in opening the final arguments asked for dissolution in such manner as 

 to prevent effectively a possibility of two or more of the disintegrated 

 parts coming into ownership of two companies having common stock- 

 holders. He pointed out that under the "rule of reason" the Supreme 

 court has held other companies unlawful that smother competition and 

 monopolize trade. 



Attorney E. A. Bancroft of Chicago, in speaking for the Harvester 

 company, said that there was no proof sustaining six of the seven charges 

 contained in the government's brief, and alleged that five of the seven 

 charges had been dropped out of the case and had not been mentioned. 

 Mr. Bancroft said that there are more than 2,000,000 farmers who had 



