PERIODICAL LITERATURE 267 



Mr. Alfred Bauderet, of Cura Cautin, Chile, a 

 Lumber lumber and shingle manufacturer, says there are 



Making in 3,000 small sawmills in Chile, operated mainly by 



Chile farmers. These mills run chiefly between Octo- 



ber and January when they suspend operations 

 for the harvest. There are a few large mills of American make which 

 run when market conditions warrant. 



Labor is one of the great problems in the lumber industry in Chile, 

 because of the numerous feast days which consume on an average of 

 three days per week. Wages average from 50 cents to SI per day. 

 Mr. Bauderet was the first one to introduce the wooden shingle in 

 Chile, and even now after some years it is not always easy to effect 

 sales, since the high labor cost of properly laying shingles enables 

 galvanized roofing to ofifer strong competition. 



There are no standard grading rules for lumber and much annoy- 

 ance and often financial loss results from misunderstandings about 

 grades. Native species at the shipping point bring from $12 to $25 

 per M board feet. 



Timberman, January, 1917, p. 46. 



One of the weak sides of the lumber business 



Cost Accounting has been its accounting methods, a fact long 



in Hardwood recognized by the leaders of the industry. The 



Lumber subject has been under discussion at lumber 



trade association meetings for some years and 



prominent notice has again been given the matter by recent utterances 



of the Federal Trade Commission and in the recent report of the 



U. S. Forest Service on the lumber industry. 



Of interest in this connection is a recent article from the cost 

 committee of the Gum Manufacturers' Association, some members 

 of which have on previous occasions contributed illuminating articles 

 on the subject of lumber accounting. 



The committee states that "the cost of installing and maintaining 

 a cost system should be considered just as much an investment on 

 which a fair return is to be expected as in the case when improved 

 machinery is installed to take the place of old, worn-out, or out-of- 

 date machinery." 



The committee recommends a cost system departmentized as fol- 



