40 



HARDWOOD RECORD 



Ocean Bate Situation 



A member of the Lumbermen's Association 

 of New Orleans read a paper at a recent 

 meeting of the association, giving an analysis 

 of the ocean rate situation and the causes of 

 high freight rates. In his analysis the 

 speaker referred to the ocean freight market 

 and the transportation of forest prodiiacs, 

 stating that while ocean freights affect the 

 export business, the export business does not 

 correspondingly affect ocean freight rates. 

 He further contended that the main factors 

 contributing toward higher or lower rates are 

 shipments of grain or fodder from all over 

 the world. In this country the most influ- 

 ential factor is the movement of corn. 



The last decade has shown unusually low 

 rates for ocean freightage,* but as is usually 

 the case, an extreme in one direction will 

 ultimately lead to an extreme in the other. 

 The reswing from the low to the high side 

 of freights commenced in 1911, when with the 

 destruction of fodder crops in Kurope, there 

 was a great demand for American agricul- 

 tural products. This was immedialuiy fol- 

 lowed by world-wide improvement in trade, 

 and in consequence a general incease in 

 freight shipments. With this condition con- 

 tinuing in force, it is evident that there has 

 been and will continue to be a vast increase 

 in the demand for ocean freight carriers. 



Other direct contributing factors to the 

 scarcity of bottoms and to advanced freight 

 rates are the low standard of equipment 

 which the freight lines have maintained for 

 several years on account of poor business 

 and also the fact that the cost of oper- 

 ating the steamers has increased materially, 

 due to an actual increase in the cost of labor 

 and supplies. Therefore, with normal condi- 

 tions contributing to increased ocean rates 

 and reports of abnormal crops comiTig from 

 all sections of the country, the result is in- 

 evitable. 



The growing demand of new industries 

 and the increased services required by old 

 trades have absorbed large numbers of steam- 

 ers, and consequently fewer vessels are now 

 open for employment than has ever been 

 reported. 



MisceUaneous Notes 



The Grayling Lumber Company commenced 

 operating its new mill at Arkansas City, Sept. 

 21. 



The Herkimer Furniture Company has been 

 incorporated at Herkimer, N. Y., its capital 

 stock being $50,000. 



The Hill Mining and Lumber Company, 

 Lynchburg, Va,, was recently incorporated 

 with a capital of $50,000. 



An increase in capital stock from .$150,000 

 to $350,000 has been made by the St. John 

 Lumber Company, Muncie, Ind. 



The Williams Brothers Company, large 

 manufacturer of last blocks at Cadillac, Mich., 

 has increased its capital to $100,000. 



The sawmill of the Richmond Cedar Works 

 at Holly, Va., was recently destroyed by fire, 

 the loss being estimated at $100,000. 



W. H. Cook & Co. have recently commenced 

 business at Warsaw, III. They will manu- 

 facture veneers and operate a sawmill. 



The Webster Basket Company has been in- 

 corporated at Webster, N. Y., with a capital 

 of $50,000, to manufacture baskets, crates, etc. 



The C. F. Thauwald Company, manufacturer 

 of mantels at Cincinnati, O., has begun the 

 manufacture of high-grade bedroom furniture. 



The Northern Forest Products Company has 

 been incorporated with an authorized capital 

 of $50,000, to engage in business at Duluth, 

 Minn. 



The Burkwunkle-Hendershot Company is a 

 newly incorporated concern at Louisville, Ky., 



to manufacture woodenware. It is capitalized 

 at $4,000. 



The George Webster Lumber Company an- 

 nounces that its accounting and general offices 

 have been moved from Swanton, Vt., to 21 

 Besse place, Springfield, Mass. 



W. H. Traftus, president of the Northern 

 Veneer Company, Washburn, Maine, advises his 

 concern has its mill well under way, and will 

 be ready to operate early next year, when it will 

 manufacture birch veneers for all purposes. 



Harry E. Daugherty, Thompson B. Ashby 

 and Fred F. Ashby are the directors of the 

 newly organized Wabash Veneer Company at 

 Indianapolis, Ind., with a capital of $30,000. 



The King Furniture and Manufacturing 

 Company has been incorporated at Warren, 

 O., with a capital of $10,000. George Bunting, 

 W. O. Ormsby, A. C. Burnett, F. C. McMahon 

 and A. E. Wonders are the incorporators. 



Among the recent Arkansas incorporations 

 are the Morton Mercantile and Handle Com- 

 pany at Morton, with an authorized capital 

 of $10,000, and the Pine Bluff Spoke Company, 

 Pine Bluff, with a capitalization of $30,000. 



A new incorporation at Dayton, O., is the 

 Dayton Lumber Company, with a capital 

 stock of $20,000, the incorporators being J. S. 

 Halen, C. J. Simonton, J. A. Cling, Charles 

 Linquist, Charles V. Lundberg and C. O. John- 

 son. 



The Ahnapee Veneer and Seating Company, 

 manufacturer of built-up panels and veneers 

 at Algoma, Wis., is erecting a two-story con- 

 crete factory and office addition to its plant, 

 which will probably be ready for occupancy 

 by Dec. 1. 



The Allen & Higgins Lumber Company, 

 formerly of Spear & Howard streets, San 

 Francisco, announces that it has removed its 

 offices and yards to 423-439 Sixth street, that 

 city. This concern deals in hardwood lumber 

 and veneers. 



A new corporation at Sanford, Me., is the 

 Northern Maine Lumber Company, with a 

 capitalization of $10,000. Moses S. Moulton of 

 Sanford is president, and George W. Hanson 

 of Sanford, treasurer. The company will deal 

 in timberlands, timber, logs and lumber. 



The Kentucky Coal and Lumber Company, 

 Lexington, Ky., lias filed articles of incorpora- 

 tion, witli a capital of $500,000. The incorpora- 

 tors are: George W. Reese, Charles S. Long, 

 A. P. Stephens, Alice Jenkins, J. J. Dougherty 

 of Johnstown, Pa., and T. T. Forman of Lex- 

 ington. 



An American Consulate report from a Rus- 

 sian district states that in 1910 walnut logs 



valued at $26,815 were exported . fron« that 

 country while the export value of the same 

 commodity in 1911 was $87,000. Russia ex- 

 ported wood pulp valued at $408,026 In 1910 

 and $311,407 in 1911. 



The Smoky Mountain Lumber Company, 

 Knoxville, Tenn., has been incorporated with 

 a capital of $5,000. by J. T. Holt, Paul E 

 Templeton, L. C. Harrison, Russell Harrison 

 and H. H. Clements. The company has pur- 

 chased sawmills and also has 8,000 acres of 

 hardwood timber in Sevier county, Tenn. 



Ties, lumber and timber will be manufac- 

 tured by the newly organized Covington Tie 

 and Lumber Company of Covington, Va. The 

 incorporators of the cohipany are J. F. Green- 

 lee, R. Wilton and W. C. Greenlee of Charles- 

 ton: J. S. Riffle of Poca, W. Va., and A. W. 

 Riffle of Leon, W. Va. The capital of the 

 company is $5,000. 



On Sept. 1, E. V. Babcock & Co., Pittsburgh. 

 Pa., was merged with the Babcock Lumber 

 Company, a corporation composed of the four 

 Babcock brothers as stockholders. This 

 change was made so as to give O. H. Babcock 

 and C. L. Babcock a financial interest in the 

 selling end of their business. There is no 

 change, however, in the location or business 

 of the company. 



The Lake Charles Veneer Company has been 

 organized and incorporated with a capital of ' 

 $10,000. It will manufacture veneer boxes. 

 crates, etc., as well as handle a furniture 

 stock at Lake Charles, La. The incorjjorators 

 are S. H. Spangler. F. W. Wilcox and J. B 

 Kent, Jr. S. H. Spangler is president of the 

 company, F. "W. Wilcox, vice-president and 

 Mr. Kent, secretary. 



Henry J. Lutcher, millionaire lumberman of 

 Orange, Tex., died of paralysis on Oct. 2. Mr 

 Lutcher was president of the Lutcher and 

 Moore Lumber Company of Orange; president 

 of the Lutcher and Moore Cypress Lumber 

 Company, Lutcher, La., and president of the 

 Lutcher, Stark and Brown Real Estate Com- 

 pany of Orange, Tex. Mr. Lutcher was widely 

 known in the lumber trade. 



Mrs. Gertrude E. Cottle, wife of E. W. Cot- 

 tle, president of the Curtis & Pope Lumber 

 Company of Boston, Mass., and daughter of 

 Benj. F. Cobb, formerly editor of The Lumber 

 Review, died recently at the Cottle summer 

 home at Harvard, Mass. Mrs. Cottle was a 

 faithful worker in the Second Congregational 

 Church of Dorchester, Mass., and took active 

 part in club and social circles, and was an 

 accomplished musician. 



^ TOi^JiasBaroMMTO^TOiiti^^ 



Hardwood ISfews ^otes ■ 



CHIC AGO 



Walter 11. Crim of C. M. Crim & Son, Salem, 

 Ind., mnnufnc'turcrs of Indiana hardwood lumber, 

 called at n.4nDwoon Kecoud offices on Oct. 9. 

 Mr. Crim was returning from a two weeks' vaca- 

 tictn. 



It is announced from the offices of The Ma- 

 dera Company, El Paso, Tex., that W. M 

 riatt has been appointed assistant sales 

 manager and will be located at El Paso. 



The September issue of the Lumbermen's 

 News, issued monthly by the Lumbermen's 

 Association of Chicago, looks even better than 

 previous Issues. This is a pamphlet started 

 four months ago in the interest of the local 

 trade. It contains four pages of suggestions 

 and personals devoted to Chicago lumber busi- 

 ness. 



,1. G. Marsh of the Huddleston-Marsh Lum- 

 ber Company, Chicago, recently returned from 



:i week's trip to New York where he piclied 

 uj) some nice Circassian walnut logs. Mr 

 Marsh reports that conditions with his com- 

 pany, which deals in lumber and veneers of 

 foreign woods, are very gratifying. 



Osgood & Richardson, one of the most 

 recent additions to the wholesale hardwood 

 trade of this city, have recently moved their 

 offices to room 925 Peoples Gas building. 



Wm. C. Schreiber & Co. are well established 

 in their new yard and offices in the twenty- 

 second street district of Chicago, where Mr 

 Schreiber has established a wholesale yard 

 and storage business. 



.V. E. Gorham of the Gorham Brothers Com- 

 jiany, Mt. Pleasant, Mich., was in Chicago 

 September 25. Mr. Gorham had made a trip 

 lo Milwaukee to witness the auto races in 

 that city. He stated that the panel plants are 

 loaded with orders. 



W. n Reeves of the W. n. Reeves Lumber 



