;{6 



HARDWOOD RECOKU 



In, iiir; 10, nilO 



and koltf are moTed durlns "•rlUnc up." A 33'bor*r|>ower motor 

 Ibrousli ■ chalo opt-nln tbr main tirlvp and nn additional Slionirpowor 

 luotor Hiili an rxirndnl abaft nnd two pulU-)* oiktbIf* tbr auxlllar)- 



Building a Credit Policy 

 •nil« i» '■)• tho I'urii- .-irvic- Biirpau 



oppralrd I ". lunn. The btwk la loo full 



.' ■■ I uilli'd rcvli'w, but a atatrnit'ut 



nod aubbradlnsa will (Ire an Inalsht Into wbat tbc read- 



Clmpl 



. ,1. v.t 



■r I baa to do wllb tb* "X'w and Abiiora of Credit." Chapter 



. I 



ali.l ■ lli.lif 

 i>f till- pr> 



to a B<'nrral diaruaalon of cnMlIt policy, trlllne wby It la 

 what Ita abofocp may mean. I'ml'-r tbia chapter comra the 

 "What thr l-ark of Cn-dlt Supi-rvUlon Mrnnt In One Caac" 

 Clinptrr .'I la dpvotrd to an nnalyslii 

 ; tbf foiindalinn of credit and "iJettine 

 < i]i <,,.,ii;. nu.u--," and ntlirr Inleremlni; pbaaeii of tbIa 

 .Mi.ti n I ii.l. r tbc "Question of Inlcrist" In chapter 4 cnmoa "I'ro- 

 li.i-. 'i"'.i- iri.llt rnwlse." "Ix-.Bnlni; Without Interest" nnd the "Square 

 I'.ii:" I'liiipiir 5 la Riven over to tbc "(jueatlon of Dlncount." wblli- 

 • !mi>t.T « hag to do with "Prevcntlni: Bad Accounta" tbroURb ellnilnatini; 

 - work nnd RettlDg proper Informnllon In time. "The Malntnlnln:,- 



hI .Accounts" lg tbc nubjcct of •chapter 7 and chapter 8 la devoted 



, :i iiK. M-i«lon of "Collectlnc Bad Accounta." under which are dlacusacd 

 ;:,. fniiti.'ii of the "Collection Agency" nnd the question of gettinc tbe 

 ni'i-i nut of lleuii. 'riie hrond question of "Settlement by Note" Is 

 thoroughly discussed In the final chapter. 



In conclusion the booklet repents the thought that prompted tbc orlelnnl 

 IMil'llcniiou of these views "n sale Is only a loss until the hill Is paid." 

 The booklet, being distributed by the Curtis Ser\lce Bureau. Is wtll 

 worth the careful enalysls of anybody Interested In proper credit. 



Chester I-'. Korn Talks on European Conditions 

 i*bi-«ler r. Kurn, prrnldrnl of the Kurn'i'onkllog «'iinipnny, l?lnrlnnatl, 

 O., lariie exporter of lumber, ha» Junt returned frcnn a tour of the Kun'- 

 l>eau war >nne. Ilia trip wna chlelty In tbe Intrreiiia of bis bunlneiia, 

 Innamucb na about alxty per cent of the hualneaa done by bla concern la 

 exfMirt trade. Afler an Interekilni; talk nn wnr cnndltloux In ICugland 

 nnd (ternwiny, where he vlalti'd exit-naively anil nt tlnn-a expeii'^lvely to bla 

 CO<mI nnlure, Innaniuch aa be wax honored In both cnuntrba by lieing 

 jnlliM an a poHnllile apy, Mr. Korn icnve out an Intereating survey iif 

 bualneks condlllona In Kurope, with particular reference to the Influenci- 

 on tbe lumb<'r export tradi-. lie anya there la hardly a limit to the 

 demand for lumber, most of which muat Ix- supplied by other count rlea 

 1'rnnaporlntlon presenia tbc moat aerloua problema, nnd Ita aolullon la the 

 key to the export problem. Frelebta. eap4'clnlly ocean ratea, which began 

 climbing Immediately afler the war commenced, are allll advancing and 

 now have become nlmoat prohibitive. In every warring country, Mr. 

 Korn anya, the consumption of wood In the construction and repair of 

 rallruailK Is enormous nnd the diniand for lumbi-r la equally aa great for 

 the manufacture of all kinda of cars and vehlclea for tranaport purpoaea, 

 munition Iwies, nnd for llooring for bouM-a for the concentration campa. 

 For much of Hits only common lumber Is needed, but for railways, trucka 

 and especially for the aeroplanes, the very best hardwood Is essential, 

 and thnt Is where the best market for Importers la found. The amount 

 of hardwood lumber used In tbe construction of aeroplanes la nxtoundlng. 

 The Khlpbulldlng Industry, being feverishly rushed by all natlona at war. 

 Is another tremendous point of consumption. Tartlcularly In Knglnnd, 

 Mr. Korn snys, the furniture business Ic expanding greatly, and tbe re 

 quests for better grades of lumber from these manufacturers la steadily 

 Increasing. Mr. Kern Is of the opinion that It will be several years afler 

 tbe close of tlfe war before the countries now engaged In strife will be Id 

 a position In any way Independent of supplies from this country. 



V. J. HILL 



L. L. HAMILTON 



The Hamilton Hill Veneer Co. 



EMPORIA, VA, 



POPLAR 

 SINGLE PLY : PINE 

 ROTARY CUT' GUM 



CYPRESS 



WE FEATURE PROMPT SERVICE 



DIKIK .«iTOCK A SI'F.CI.VI.IY 



■ ^TO^ ! ;AliaWi>N!)Xl« ! W!)il ! )il ! « g MaM ! ^^ '^ 



A PRACTICAL ROSSER THAT WORKS 



By entirely removlns gritty matter It saves saws, cuts filing room costs, 

 niak<'» b'-tl*.-r lumt.or an-l s.ivos pow._r, 



J. A. WEBER CO., 1456'Oakwood St., Toledo, O. 



< Patented ( 



One Lirgs Uier Writes: 

 Gentlemen: We are certain- 

 ly pleased to recommend jnur 

 Rosscr. First, a great sarlnc 

 to saw : second. sarlnK In 

 flllnB room: third, better 

 erade of lumber. From tbc 

 spot the Krarcl Is struck, we 

 only ffot bad lumber and used 

 exrcaslTo power. Since our 

 loiP mosily come to us by 

 rail we set the benefl*. of the 

 irrlt and ktitcI from these 

 t?»ra. We could not do with- 

 out thla Improremcnt. and 

 wish to say It's a rreat sav- 

 ing of time and labor, and 

 ''an heartily rrrommend same 

 to any saw mill owner. 



STRVTHERS COOPEKAOE 



Hardwood ISleivs ISlotes 



=■< MISCELLANEOUS >•= 



At liniiicl Uiiplils, Ml<li.. the i;rancl li.iplils I'asket ('oiii|iany has been 

 reorganized. 



The Baugbman Cabinet Company Is a new Incorporation at Pine Bluff. 

 Ark. 



Two large lumber-using organizations are among the enterprises re- 

 ported during the last two weeks of lOlfi ; Edward Redding, Inc., In- 

 corporated at Springfield, Mass., for $100,000 for a general construction 

 and building business, and the United Last Company at .\uburn. Me. ; 

 capital ?2.750,000. 



The Wlllson Chair Company of MontoursvlUe, Pa., Is reported to be 

 reorganizing. 



Darwin B. Kclley of the Cadillac Chair Comp.nny and St. Johns Table 

 Company, both of Cadillac, Mich., died recently. 



The Gulf City Hardwood Company of Mobile, Ala., has Bled notice of 

 dissolution. 



The Fullerton-PowcU Hardwood Lumber Company of South Bend, Ind., 

 has Increased Its capital stock to $110,000. 



The Gray Furniture Company of Adrian, Mich., has filed a petition for 

 dissolution and the appointment of a receiver. 



An omendment to the charter of the Richmond Woodworking Com- 

 pany of Richmond, Va., has been filed changing the location of tbe prin- 

 cipal office from Richmond, Va., to Chesterfield county, Virginia, the post 

 oflice address being Richmond. 



With $10,000 capital ,T. O. Sallec, C. L. Pallee and R. P. Sollee have 

 incorporated the Piggott Handle Company at Plggott, Ark. 



The Muson City Millwork Company of Mason City, Iowa, has Increased 

 its capital from $10,000 to $20,000. 



The purchase of the Haskell & Barker Car Company plant, at Michigan 

 City, Ind., has been negotiated by tbe Potter, Cboate & Prentice and the 

 F. B. Keech companies of New York, for leading New York Interests. 

 The Haskell & Barker concern for many years has been a large lumber 

 consumer In Indiana and Ohio. It Is said tbe new owners will broaden 

 out tbe production of the plant. 



.< CHICAGO >■ 



The Chicago Dowel Company, 355 Union Park Court, has just been 

 organized to manufacture dowels. 



The R. R. Slayton Mill Company bos been Incorporated at Chicago with 

 $80,000 capital. 



Ralph May of May Brothers, Memphis, Tenn., was around the city for 

 several days. He and bis brother Frank spent the holidays with their 

 families at their old home In Evansvllle, Ind. 



W. B. Heyser of tbe W. E. Heyser Lumber Company, Cincinnati, 0., 

 spent several days of last week In ("hicngo. 



All Three of Us Will Be Benefited if You Mention HARDWOOD RECORD 



