November 25, 1910. 



HARDWOOD RECORD 



41 



concern ten per cent. This action was purely a -voluntary one on the 

 part of the company, which is one of the largest in that state. 



A complaint recently was filed with the Interstate Commerce Commis- 

 sion against the Illinois Central. Baltimore & Ohio, Southwestern, Chicago, 

 Memphis & Gulf, Southern Railway and the Pennsylvania Terminal Com- 

 pany, by the New Albany (Indiana) Box and Basket Company. The 

 concern asserts that a rate of from 2 to 6 cent3 more on logs has been 

 charged from points in Tennessee, Kentucky and Alabama to New .Albany 

 than to Louisville. The company declares that by reason of this over- 

 charge it has suffered a loss of $5,000. 



Figures from the secretary of state show a great increase in the 

 number of new incorporations and changes in capital stock. The increase 

 In October compared favorably with former boom times. In Cincinnati 

 fifteen new companies started in business with $252,000 capital, increases 

 In stock amounted to $662,500, reductions $173,000, leaving a net gain 

 of $741,500. Lumber interests comprise a fair proportion of the total. 



Fire last week destroyed the storage warehouse of the March Furniture 

 Company, Lexington, Ky., entailing a loss of $22,000. It is said that the 

 insurance will hardly cover a third of the loss. 



A rate of 7.5 cents on lumber between Union City and Rockford, O., 

 was recently upheld by the Interstate Commerce Commission, which held 

 that it was not an unreasonable rate when shipped by an interstate route. 



William Lapoman, treasurer of the Henry Schmidt Furniture Company, 

 furniture manufacturers of Cincinnati, committed suicide at his home by 

 shooting himself in the right temple. He died at the city hospital within 

 an hour after firing the shot. He was sixty-seven years of age. 



Local paper manufacturers and lumbermen dealing in wood pulp for 

 paper were greatly interested in a recent report by the Department of 

 Agriculture. It is in the nature of a ray of hope for those industries 

 using white paper which is steadily soaring in price. The department 

 asserts that zacaton grass may be substituted for wood pulp in paper 

 manufacture. Tliis grass abounds in California, Texas and on down 

 south to the .irgentine Republic. The top of this grass, which formerly 

 has been regarded only as refuse, it is said, constitutes a fair substitute 

 for the reduced poplar wood at far less expense than is entailed in reduc- 

 ing the poplar. It answers the purpose quite well, but in the bleaching 

 process, considerably more powder is required than with poplar stock. 



L'liiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiimiiiiniiiiiiiiiiiiiiiiiiii'j; 



=-< COLUMBUS >-- 



R. W. Ilorton of the W. M. Ritter Lumber Company reports an in- 

 creasing demand for hardwood stocks in central Ohio territory. Trade 

 with dealers is by far the best feature at this time, although some buying 

 is done by manufacturers, especially those making furniture and vehicles. 

 Box factories are also buying better. Retailers* stocks are gradually being 

 Increased as there is a more optimistic feeling in lumber circles. The 

 pleasant fall has stimulated building operations to a large degree. The 

 tone of the market is good and future prospects are brighter. 



Extensive improvements and additions to its plant are planned by the 

 Steele Bros. Hardwood Lumber Company of Cuyahoga Falls, O., following 

 its recent increase in capital stock from $10,000 to $40,000. The first 

 innovation will be a main building, on a plot 60x160 feet of brick and 

 steel construction, ground for which already has been broken. New equip- 

 ment will include two 20-horsepower boilers, and two engines of 100 and 

 50 horsepower, respectively. 



At Garrettsville, C, Murwin & Horton have been succeeded by IT. H. 

 Murwin. 



At Wellington, O., the Wellington Lumber Company has been succeeded 

 by the J. A. Moog Lumber Company. 



Authority to accept 33% cents on the dollar on the claim against 

 William F. Galle & Co., Cincinnati, is granted by common pleas court 

 entry to E. A. Deem, as receiver for the Edwards Lumber Company of 

 Dayton. The application stated that the Cincinnati company, owing the 

 Dayton concern $961.70 on notes, recently went into receivership and was 

 unable to pay the dividend stated. 



=■< TOLEDO >- 



Toledo's building operations have at last passed the $7,000,000 mark. 

 The total permits issued up to November 13 amounted to $7,069,976. 

 Those issued in the same period of time a year ago amounted to $5,733,- 

 317, the gain for the year amounting to $1,. "36, 659. 



The Gotshall Manufacturing Company reports business excellent in all 

 lines. L. D. Gotshall is authority for the statement that the new Toledo 

 mill is well under w.iy and it is expected to keep not only the Toledo mill 

 active but the Elmira and Archbold mills as well. 



The Booth Column Company is operating at full time and about half 

 capacity. The season of the year is naturally a slow time for this line, 

 but the management expects a good business early in the spring. It is 

 not expected to close the factory this season for inventory. 



The Skinner Bending Company states that there is a much better tone 

 to bnsiness. It is still very busy with auto wheel rims and the wagon 

 trade is sending out a much better call than for some time past. The 

 factory is operating full time and at full capacity. 



■< INDIANAPOLIS > 



Samuel E. Stout, president of the Indiana Venerr and Panel Com- 

 pany of New Albany, Ind., last week announced that the company has 

 closed a deal for a new factory to cost about $40,000. The plant of 



Low Prices 



Versus 



Cutting Value 



You, Mr. Buyer, Know the Verdict 



Our Stock Proves 

 Its Worth by Its 

 Cutting Value 



See our list of dry lumber in "Hardwoods For Sale" 

 Department, pages 5S-53, and ask us for prices. 



Liberty Hardwood Lumber Co. 



MAKERS OF GOOD LUMBER 

 Big Creek, Tex. 



'illlllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllir 



To the Owner of 

 Timber Lands 



Far sighted owners of tintber 

 lands will take advantage of the 

 times, incident to the European 

 wars, and prepare themselves for 

 the day when the demand for tim- 

 ber is suddenly thrust upon them. 

 It is certain to coine at no distant 

 time. Therefore the wise man will 

 cultivate a closer acquaintance with 

 his holdings and the best method 

 of marketing them. Guessing on 

 the quality and price will only lead 

 to complications and possible fail- 

 ure. Let us prepare the way for you. 



Remember, we not only report 

 with absolute accuracy, but assist 

 in selling your property, if desired. 



SEND FOR OUR BOOKLET 



L. E. CAMPBELL LUMBER CO. 



Craiaing and Engineering Department 

 ■il'A Dime Bank BUlR., DETROIT. MICH. 



■&m: 



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