Semi-Monthly 

 Twenty-Second Year 



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iV'b 



CHICAGO, JULY 25 



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Single Copies, 15 Cents. 



PJM SERVICE 



— is concretely backed by a definite and successful endeavor to build up an 

 organization insuring satisfaction to our customers — an organization each 

 feature of which has been planned separately so that it will lend its maximum 

 of significance to the term when used in connection with the business of 

 Penrod, Jurden & McCowen, Inc. In short, it represents 



All That the Word Implies, 



Scientific Drying Expert Manufacturing Good Timber 

 Alodern ]\Iills Satisfaction to the Buver 



Southern Rotary Veneers and Hardwood Lumber 



We can take care of your requirements in Southern woods, no matter whether you are in the market 

 for veneers or lumber. Our big Rotary Veneer Mill at Helena, .\rk., has exceptionally large units, and 

 can readily supply sizes which are ordinarily difficult to produce. Our lumber mills are cutting some 

 of the finest hardwood stock ever manufactured in America. Tell us what you want — we can supply you. 



On account of car shortage, which affects delivery of logs to the mills as well as shipments of 

 veneer — we urge all buyers of veneers to place requirements at least 60 to 90 days in advance 



Penrod, Jurden & McCowen 



(INCORPOR.^TED) 



General Offices, Memphis, Tenn. 



825-830 Bank of Commerce Building 



P^M 



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