HARDWOOD RECORD 



17 



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Fall Meeting of Northern Manufacturers 



Secretary R. S. Kellogg of the Northern Hem- 

 lock and Hardwood Manufacturers' Association 

 announces from his Wausau office that the date 

 of the regular quarterly fall meeting of the 

 association has been set for Oct. 22. The meet- 

 ing will be called to order at the Hotel Pfister 

 at Milwaukee at 10 a. m. on that date. 



The program includes reports and discussions 

 upon production and shipments of October, 1911 

 and 1912, dry stock on hand October, 1911 and 

 1912, log input 1012 to 1913, labor supply, 

 lumber advertising, inspection rules, market con- 

 ditions and traffic matters. The association ex- 

 tends an invitation to non-members to attend 

 the session. 



Change of Headquarters 



George C. Brown & Co., manufacturers and 

 wholesalers of hardwood lumber, announce that 

 their headquarters will be changed from Mem- 

 phis, Tenn., to Proctor, Ark., the change to take 

 , effect Oct. 15. 



Proctor is only an hour's ride from Memphis 

 on the C, K. I. & P. Ry., being less than twenty 

 miles in actual distance and being connected 

 with Memphis by an excellent telegraph, rail- 

 road and mail service. The model now mill of 

 this company is located at Proctor. 



The change of location follows a recent large 

 purchase of timber by George C. Brown & Co. 

 in addition to the company's present holdings in 

 the St. Francis Basin. Ark. The offices will be 

 in connection with the band mill at Proctor, 

 which will enable the members of the firm to be 

 in closer touch with the operations. 



Should Effect Kate Reduction 



The Interstate Commerce Commission in ses- 

 sion at "SVashington on Oct. 7 began preparations 

 of ways and means to separate railroads from 

 actual business connection with steamship lines. 

 This, if carried out successfully will be of ex- 

 treme importance to the middle western states 

 and if the eventual order of the commission re- 

 quires the railroads operating vessels on the 

 Great Lakes to divest themselves of their water 

 line ownership, competition will again be re- 

 stored and lower rates will probably result. 



According to the present law, if a railroad re- 

 duces rates as a direct result of water competi- 

 tion, the elimination of such competition will 

 not be sufficient justification for again raising 

 rates, therefore, with the control of the steam- 

 ship lines and their water competition removed 

 from the control of the railroads they will not 

 be able to boost rates without showing just 

 cause. 



According to law now on the books, the rail- 

 roads are given two years in which to adapt 

 themselves to its provisions and to apply for 

 permission to retain the steamship lines. If the 

 commission finds that such lines are being oper- 

 ated solely in the interest of the public welfare 

 this permission will be granted. The new law 

 makes specific provision that no railroad line 

 shall own steamboats operating through the 

 Panama Canal. 



Meeting Philadelphia Lurabennen's 

 Exchange 

 The regular monthly meeting of the Lumber- 

 men's Exchange preceded by a luncheon, was 

 held October 3, President William T. Betts in 

 the chair. A detailed report of the work done 

 at the convention of the Atlantic Deep Water- 

 ways Association, held at New London, Conn., 

 Sept. 4, 5 and 6, was read by Thomas B. Ham- 

 mer, acting chairman of the committee repre- 

 senting the exchange at the convention. A 

 communication from the Atlantic Deep Water- 



ways Association was received and turned over 

 to the committee on legislation, to be acted 

 upon at the next meeting of the exchange. 



Samuel B. Vrooman and Thomas B. Hammer 

 were appointed extra members of the committee 

 representing the exchange, for the entertainment 

 of the foreign members at the biennial meeting 

 of the International Congress of Chambers of 

 Commerce, who will soon visit Philadelphia. 



Grand Bapids Lumbermen Meet 



The Grand Rapids Lumbermen's Association 

 hold its first meeting of the fall season on the 

 evening of Sept. 27. at Plainfield, Mich., nine 

 miles from Grand Rapids. The trip to and 

 from the place of meeting was made by automo- 

 bile. Twenty-six lumbermen were present. After 

 an enjoyable reception, they sat down to a no 

 less enjoyable chicken supper, prepared espe- 

 cially for the occasion by Bert McCaulcy. 



The business session followed, and was opened 

 by an inaugural address by President W. E. Cox. 

 Various committee reports were made, other 

 matters before the meeting were satisfactorily 

 settled, and plans were rounded out for the sea- 

 son's work. All indications pointed to a ban- 

 ner year for the association. One of the impor- 

 tant features of the meeting was the organiza- 

 tion of a publicity department which will take 

 up the business of advertising to the world the 

 advantages of Grand Rapids, and the energy and 

 oflncicncy of its industries, particularly its lum- 

 ber industries. 



Baltimore Hardwood Firm Fails 



The schedule of assets and liabilitios of the 

 hardwood firm of Mann & Parker, Baltimore, 

 Md., which with its own consent went into bank- 

 ruptcy on Sept. in the United States court, 

 has been filed. The firm went into bankruptcy 

 ou petition of the Old Fields Lumber Company 

 and the American Lumber Company of Balti- 

 more. The total liabilities are given at $123,- 

 281.43, and the assets at $146,068.11. This 

 shows a margin of over $23,000 of assets over 

 liabilitios, but the assets include "bills, notes 

 and other securities" aggregating $31,823.81 

 "which ought to be paid by other parties there- 

 to," and "unliquidated claims" of $94,100.4!). 

 These two items constitute the assets, except 

 about twenty thousand dollars. If they are 

 deducted in whole or in large part, the showing 

 for the creditors is not very encouraging. The 

 opinion in the trade is that little will be real- 

 ized for the creditors. John G. Schilp has been 

 .appointed receiver, and is reported as saying 

 that there will be no reorganization. 



Deep 'Waterways Convention 



The seventh annual convention of the Lakes 

 to the Gulf Deep Waterways Association, 

 which was held at Little Rock, Ark., on Sept. 

 24, 25 and 26, was attended by about 2,000 

 delegates. 



The convention was addressed by a number 

 of persons prominent in national affairs. 

 among whom was Colonel Roosevelt who 

 talked on 'Wednesday. Mr. Roosevelt's views, 

 which have been reported in detail in the daily 

 papers, were that work should begin immedi- 

 ately upon the construction of a wide and deep 

 channel through the Mississippi, this work to 

 be carried on by the national government, 

 which should also construct levees and similar 

 necessary work. 



In the enforced absence of President 'William 

 K. Kavanaugh. of St. Louis, Col. E. S. Con- 

 way, of Chicago, presided at the opening ses- 

 sion. He ordered President Kavanaugh's 

 speech read. This address declared that the 

 ciuestion of deep waterways in the Mississippi 

 was of as great importance to the country as 



the Panama canal. One important paragraph 

 of the address referred to the relation between 

 river regulation and rate regulation for general 

 transportation. The speaker contended that 

 river regulation is a direct price regulator. 

 He went on further saying, "Thus we reach 

 the very depths of the problem of the cost of 

 living. Our consulting engineer, Lyman E. 

 Cooley, says that a twenty-four foot channel 

 can be had from the Gulf of St. Lawrence to 

 the Gulf of Mexico, 3,300 miles, for less than 

 the cost of the Panama canal." Ships could 

 then sail down the Gulf of St. Lawrence, 

 tlnough the Great Lakes by way of Chicago, 

 and down the Mississippi river, passing New 

 Orleans to the Gulf of Mexico. 



At the election, on Wednesday, the following 

 officers were elected: President, 'W. K. 

 Kavanaugh, St. Louis, Mo.; vice-president, E. 

 .S. Conway, Chicago, 111.; treasurer, Edwin S. 

 Monroe, Joliet, 111.; secretary, T. H. Lovelace. 

 St. Louis, Mo. 



A board of governors was chosen of one 

 member from each state directly interested in 

 the Mississippi project. 



Mayor C. E. Taylor, of Little Rock, and 

 Governor George Donaghey, of Arkansas, wel- 

 comed the delegates to the city on the first 

 day. 



The discussions during the three days cov- 

 eted every phase of the question and gave the 

 delegates an opportunity to hear many notable 

 men express their opinions. 



Big Fire at Pine Bluff 

 The Bluff City Lumber Company of Pine 

 Bluff, Ark., lost its plant by fire on Sept. 30, 

 and sustained a loss of approximately $25,000. 

 The fire occurred in the early morning hours 

 before daybreak and was e.xtremely spectacu- 

 lar, attracting a large crowd. Its spread was 

 so rapid that the fire department was help- 

 less as far as checking it was concerned, cen- 

 tering its efforts to confining it to the Bluff 

 City plant. 



National Hardwood Lumber Directory 



The hardwood lumber directory for buyers 

 and sellers, published by the National Hard- 

 wood Lumber Association, recently came from 

 the press. The book is larger and more com- 

 prehensive than previous issues on account of 

 the increase in membership, which the asso- 

 ciation has enjoyed during the past year. It 

 contains a list of the membership to date and 

 also, according to usual form, a summary of the 

 aims, benefits and achievements of the organi- 

 zation. In the back part of the booklet is 

 included a fac-simile of bonded certificate and 

 rules covering the ways and means of obtain- 

 ing national inspection. It is expected that 

 10,000 copies of the directory will be mailed to 

 hardwood buyers and sellers throughout the 

 rnited States and Canada. 



A Profitable Investment in Timber 

 A profit of $816,000 is the record established 

 by George W. Vanderbilt by the sale of his 

 68,000 acres of mountain forest land near 

 Asheville, N. C. 



Not only has Mr. "Vanderbilt made this 

 amount on an investment of $136,000 in twenty 

 years but in addition he still retains all the 

 land and timber under fourteen inches in di- 

 ameter. The original purchase cost Mr. Van- 

 derbilt two dollars an acre including the prop- 

 erty and all the timber on it, and he now 

 sells the matured timber only for twelve dol- 

 lars an acre. 



Overton W. Price, formerly assistant tc 

 Chief Forester Pinchot, now has charge or 

 Mr. Vanderbilt's forest interests and has ar- 

 ranged that the purchasers will have twenty 

 years in which to cut off the 250,000,000 feet 

 of hprdwood and that cutting shall be done 

 along modern lines with a view of preserving 

 the forest growth to as great an extent as 

 possible. The timber will be hauled to a mill- 



