52 



HARDWOOD RECORD 



Your 

 Future 

 Operations 



Sonic morning the whistle on the Old Mill will 

 blow for the last time, the last log will be hauled 

 up and cut, the last board will pass the trimmer. 



Your assets then will consist of stock on hand, 

 cut-over lands, used machinery and 



Your Young Men 



What of the young men you have 

 developed? 



Why not provide a future for them 

 from which you both may profit? 



Investigate some of the opportunities the West now 

 offers. Thty are a splendid investment for your sur- 

 plus funds and your young men will find them a 

 source of limitless opportunity. 



Open Negotiations Today 



James D. k.-.o '>",'',, ',;;,?;,",,;„■,.„„„ 



LaCey i si a .v .VrH,',! ,.1^.'/,; ,'; '.'.."u- nm^. 



V^O. Ilinu \M>itp UulldlllK 



Timber Land Factors 



lu (III- rdsilnc condltlani nnr ■■ tn itip mpaai to Im> idoplpil for raret- 

 Ins llic altuailoii. for. whllo not ■ frw of lb* producrrs of bardwood* 

 liarr shut down, olbrr* doni It ■iiiodli'nt In ronlloup C|>pnillons, ibough 

 It npprini to be (PDcratly adnilttnl that Ibe morrmrnt Is not ao frw 

 as It bns bwn, and thai ihr rang'' of prices disclose* much unrTen. 

 npsH. nrsardlni; ralura, II may Ix' said that price llsia an- mrrrljr n-la- 

 live, conslliulInK In a way a Kuid.' to the ngiires rrallard. but beinc 

 nut really a deflnllr Indication of what can lie obtained for alocks. 

 The quotnllons n->-m to dt'iicnd Inrs'-ly upon Individual rpqiilrcmpnta and 

 the conditions Kovcmlnc racb acpnrali' caao. so Ibal tbe D'tiirn n'ci'lvrd 

 ;nr one Ini of lumlicr dors mil Indlrair that anolhrr lot will bring as 

 much. The prpvallinB "talc of nflTiiIrs la rxpreaacd li-racly by ont. Iiim- 

 lu-rman who said aellors would lake wbnt tbcy could kcI, Insirad of 

 iidhcrlnR to some llxnl standard. It I* also tn l><> said that th<- calls 

 have irotlcn down to actual needs. ConacrvallNm In the mailer of 

 plncine orders Is more than ever In evldince. No matter how altrac 

 tlve the price may be at which lumber can be houKbt. the purchaser* 

 are not disposed to aaffmeni Ihclr boldlnga, calllnu only for what they 

 must have, n result cbnrscnlilp, of course, to tbe Rcneral financial alt- 

 untlnn. It mtubl be auppascd that a complete ('mharso baa t>een Im- 

 posed upon exports. Ituf «uch Is not the case. Stnrka have been go 

 Inu forward from Balllmore and preaumalily from other porln In con 

 Hlderahle volume. Since nrlllah ships and those of neutral countries 

 have nothlni: to fear from hostile war vessels every steamer aalllng 

 for Dutch or BrItiBb ports has taken lots of lumber, some of the ship, 

 ments made boving been quite larce. Tbe last Liverpool steamer, for 

 inRtance, root: out o large i|Uiintlty of walnut, and considerable oak 

 has niso been going forward; but It Is Inevllahle that the next state- 

 ment should shuw n decided falling off In Ihe exports. As for tbe do- 

 mestic business, coutlon Is the word now. and no great Improvement 

 |. looked for until flnancea are In better shape and buyers get assur. 

 mice that their monetary needs will bo taken care of. Ix>cally, the 

 trade appears to be In good abnpe, with furniture factories and otber 

 consumers buying quite freely and with the requlrementa fully up to 

 (iilier periods. Oak, wnlnnt and chestnut are In fair request, and hard- 

 Hiiod men talk hopefully of the prospect. 



The assets of the Broadbent Table Company, consisting of macblo- 

 ery, office furniture and fixtures, nnd other things, were disposed of at 

 trustees' sale Inst Friday nnd went to a number of purchasers, wbi 

 have removed them. This ends the existence of the company, whicfc 

 formerly acted as the distributer for the products of the Broadbent 

 Bros. Manufacturing Company, and when thni concern got Into financial 

 (linicultles last yenr undertook to manufacture and distribute the outpot 

 of the factory nt President nnd Allceanna streets. The company turned 

 out tables. 



The controversy over swllchlng charges on carload Iota of freight, a 

 question that concerns hardwood lumber firms to a large extent. Is up 

 again, this time on a petition of the Mercbants' nnd Manufacturer*' 

 Association and the Chamber of Commerce filed with the Maryland Pub- 

 lic Service Commission against nil the rallrojds with terminals In Balti- 

 more. Tbe petitioners, who arc acting for all the shippers, maintain 

 that the present Joint class rates are excessive, discriminatory and un- 

 just, and tbat they violate the statutes of Maryland. A. K. Beck, traf- 

 fic manager for the Merchants' nnd Manufacturers' Aasoclntlon, In dis- 

 cussing the matter, said: 



"We are demanding an entire review and rendlusfment of these switch- 

 ing charges because It Is beconilng almost Impossible for Balthnore ship- 

 pers to compete fnlrlv with otiur cities on account of the Intrlcnlo. costly 

 and uncertain cliarg'ca for transfer and switchlns. as provided by tbe 

 rnllroods In what Is known ns Ihe Joint class rates. At present It la 

 Impossible for u shipper to cilculnte how much his goods will cost him 

 liv tbe time ibev arrive In the warehouse. In many Instances we have 

 found that the swllcblni cbiirses within the city limits have amounted 

 to more Ihnn the entire freight charge." 



The Public .Service Commlvslnn Is requested to make a thorough In- 

 vestigation and to Issue an order requiring tbe railroads to establlab 

 the rates shown In the defendants' tariffs, less than jn per car for 

 one-line movement of carload freight ; reasonable rates mad-< upon a per 

 car basis between points of Interchange upon defendants' lines within 

 the switching limits of Baltimore, as established by tbe order dated 

 :Mny ai, ini2. and reasonable rates made upon a per car basia for 

 Inlerclly Interchange of carload freight, and such other rate* as the 

 commission may deem reasonable and Just. 



■One of the first practical elTeets of Ihe opening of the Panama canal 

 to he felt here Is a substantliil lowering of tbe freight rates from th» 

 Pacific const to Baltimore and otber Atlantic ports by the Grace Line, 

 one of whose ships, the steamer Catnllna, arrived here Inst week, ebe 

 being the first Bnltlmorebound craft to use the waterway. The re- 

 duction on lumber amounts lo more than twenty-five per cent as com- 

 pared with the rate via the Strait of Magellan, being $1,3 per 1,000 

 feet as against ?17 around "The Horn." 



From .30 to 40 feet — Magellan rate, «18; Panama canal rate, $14. 



From 40 to 00 feet— Magellan rate. $21 ; canal, $14. 



Tbe Grace Line, It Is recalled, was one of the first to give notice that 

 It was prepared to place Its vessels under American registry. Of course, 

 the lowering of rates will benefit In the first plare tbe Oregon pine and 

 Dou'ilas fir of the Pacific coast, but the probalillity of the hardwoods of 

 Central and South America being shipped also at a material reduction 

 is likewise under discussion, so that tbe lumber trade as a whole i» 



