HARDWOOD RECORD 



25 



more extensive than is commonly l^nowc. Ver- 

 mont produces the largest quantity — nearly 

 5,000.000 pounds a year. New Yorlc comes next, 

 with an output of about 4,000,000 pounds. Penn- 

 sylvania makes about 1,500,000 pounds; Michi- 

 gan, Massachusetts, New Hampshire and West 

 Virginia come next, in the order given, each 

 producing several hundred thousand pounds. 

 For the year 1903 the maple sugar and syrup 

 product of this country aggregated a market 

 value of ?2,636,774. 



Removal Lumber Insurance Companies. 



sis years ago the organization of an insur- 

 ance association to be devoted exclusively to the 

 purpose of insuring lumber and woodworking 

 risks, was commenced in a very modest way at 

 66 Broadway, New York. The idea took very 

 rapidly with the lumber trade, with the result 



THE NEW ROYAL INSURANCE BUILDING, 



NEW YORK. HOME OF LUMBER 



INSURANCE COMPANIES. 



that an unprecedented support was accorded the 

 new organization and very rapid growth ensued. 



From this small beginning there were subse- 

 quently organized three stock insurance com- 

 panies, two of them under the New York state 

 laws and one under the laws of the state of 

 Ohio. These are the Lumber Insurance Com- 

 pany, capital and surplus $300,000 ; the Adiron- 

 dack Fire Insurance Company, capital and sur- 

 plus $300,000 ; and the Toledo Fire & Marine 

 Insurance Company, capital $100,000. 



These companies are under the management 

 of the Lumber Insurers' General Agency. 

 Through the support of the lumber trade 

 throughout the United States and Canada the 

 companies have developed to such an extent that 

 they now have aggregate assets in excess of 

 $1,000,000, and stand responsible to the lumber 



trade for over $20,000,000 insurance liability on 

 lumber and woodworking risks. 



During this period of development the com- 

 panies have extended their ofSce space until a 

 large part of the twelfth floor of the Manhattan 

 Life building at 66 Broadway has been taken 

 for their offices. Over a year ago, however, it 

 appeared that the companies would unquestion- 

 ably outgrow the available space in the Man- 

 hattan Life building, and it being considered 

 desirable to locate in the insurance district, a 

 floor in the Royal Insurance building, then in 

 process of construction, was leased. The new 

 Royal Insurance building has now been com- 

 pleted and it is worthy of mention that having 

 been constructed by one of the greatest Are in- 

 surance companies in the world, it is quite 

 natural that every feature of construction look- 

 ing toward Are prevention has been Installed in 

 the building. It is a flne modern fireproof build- 

 ing, sixteen stories high. The twelfth floor has 

 been finished with special reference to the re- 

 quirements of the Lumber Insurance Company of 

 New York and the Adirondack Fire Insurance 

 Company, and these companies will take posses- 

 sion of their new quarters April 20. It is quite 

 fitting that these two specializing companies, 

 organized on a financial basis on a par with 

 many of the general insurance companies, should 

 have for their permanent home the finest lum- 

 ber insurance office in the world. 



With 5,000 feet of floor space, private offices 

 for all oflicers and heads of departments, large, 

 light rooms for clerical work and stenography, 

 the new quarters of the lumber insurance com- 

 panies have been laid out with a view to per- 

 manency and to accommodating a business which 

 will ultimately attain very large proportions. 



America has been foremost in the movement 

 for specializing insurance, and it is a credit to 

 the lumber trade that no single trade or indus- 

 try supports insurance companies of its own 

 equal in size and strength to those maintained by 

 the lumber trade. 



Utilization of Electric Power. 



Everyone has heard about the utilization of 

 the vast electric power now being developed 

 thiMuyh the aid of Niagara Falls, and that the 

 street car system and nearly all other immediate 

 users of power at Buffalo employ this wonderful 

 force. Among others who have recently installed 

 electric power for driving their plant is the E. & 

 I!. Holmes Machinery Company, the demand for 

 its line of tools having outgrown the steam 

 power formerly employed. The company has in- 

 stalled a full equipment of electric motors and 

 April 8 turned on the new power to run its plant. 

 The company figures that this new equipment 

 will enable it to increase its facilities to such 

 an extent that in future it will be able to make 

 even more prompt delivery than formerly. In 

 this issue of the Record the E. & B. Holmes 

 Machinery Company advertises one of its best 

 known appliances, its gang ripping and straight- 

 ening machine, which is of especial interest to 

 hardwood users. 



Removal of Page Lumber Company. 



The R. G. Page Lumber Company of South 

 Bend, Ind., manufacturer and wholesaler of all 

 varieties of hardwoods and of dimension stock, 

 has moved its main offices and extensive yards 

 to Ashland, Ky. RoUo G. Page, head of the 

 house, will move to the new location, as will 

 also C. E. Wilson, traffic manager. This move 

 was considered necessary on account of the 

 company's big timber interests in Kentucky and 

 West Virginia and in view of the fact that for 

 more than a year it has been operating yards 

 and office at Ashland. It is thought that the 

 entire business can be handled with greater dis- 

 patch and advantage from a point in close 

 proximity to these interests. 



Mr. Page located in South Bend about eight 

 years ago, and was a member of the firm of 



Martin & Page. A little over two years ago 

 the firm dissolved and Mr. Page operated under 

 the name of the R. G. Page Lumber Company. 

 Yards were maintained on South Main street 

 and offices in the American Trust building. The 

 former will be closed out, but a sales office In 

 charge of John Martin will be continued in the 

 same location. 



An Endorsement. 



A concern which is constantly receiving the 

 most flattering testimonials from well known 

 lumbermen regarding the excellence and utility 

 of its product is the Gordon Hollow Blast Grate 

 Company of Greenville, Mich. Recently the J. 

 B. Galloway Company of Clarendon, Ark., In- 

 stalled a set of their grates, which they have 

 thoroughly tested, and unhesitatingly say la 

 especially well adapted to burning all sorta of 

 refuse, thus saving their wood, and effecting a 

 saving of from $1,000 to $1,500 a year ; they 

 also find that it is an easy matter to keep ample 

 steam with "any old thing in the shape of fuel" 

 and explain that their two boilers run five 

 engines, the capacity of the boilers being just 

 equal to that of the engines, without any sur- 

 plus whatever. To say that they are highly 

 pleased with their investment in the Gordon 

 grate is to put it mildly, and they unhesitatingly 

 recommend it. 



Removal of Headquarters. 



The American Woodworking Machinery Com- 

 pany, whose general offices have been at 136 Lib- 

 erty street, New York, for several years, has 

 removed to a permanent location at 596 Lyell 

 avenue, Rochester, N. Y. The company's new 

 and principal manufacturing plant recently com- 

 pleted at Rochester is the largest woodworking 

 machinery plant in the world, and covers ten 

 acres. The company operates six other Important 

 factories. 



Atkins Sa'ws for Alaska. 



E. C. Atkins & Co., the Silver Steel saw peo- 

 ple, have just secured a very interesting order 

 through their Seattle branch. This consists of 

 the complete saw equipment for five sawmills 

 which will be constructed and placed at diCfer- 

 ent points along the line of the Alaska Pacific 

 Railway & Terminal Company, in southeastern 

 Alaska. The saws were shipped from Seattle 

 on the steamer Yucatan and will be taken into 

 the country over snow and ice. Many large 

 trestles will be necessary in the building of the 

 road and piles and pile drivers will be used 

 extensively. Piers are now in the course of 

 construction at Cataila and other points. The 

 road opens valuable territory from the Marten 

 islands through the Copper river country to the 

 Yukon river, a distance of 500 miles. 



Miscellaneous Notes. 



The Ford Lumber & Manufacturing Company 

 of Ford, Ky., filed suit recently against the L. iS: 

 N. railroad for nearly $12,000 as damages. When 

 the first tide in the Kentucky river came last 

 fall the run of logs was one of the largest In the 

 history of the river. At that time the railroad 

 company was building a new bridge across the 

 river at Ford. The false work supporting the 

 bridge caught the floating logs and caused an 

 immense jam of nearly 100,000 logs. The lumber 

 company alleges that its booms were crowded 

 out of the river by this jam and that it lost 

 thousands of logs in consequence. 



The Swarthmore Lumber Company of Parsons, 

 W. Va., has purchased the interests of J. Scott 

 Bell, including three tracts and a lumber plant 

 on the Dry Fork railroad, in Tucker county, for 

 $162,831. The purchasing company, which was 

 formed last February, will operate the plant on 

 an extensive scale. Summerfield Baldwin, a 

 prominent capitalist of Baltimore, is at the head 

 of the company. 



The exceedingly high prices of standing timber 

 at the present time have induced farmers and 

 land owners to sell their holdings, and little 

 mills have been busy this season cutting on 



