The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-09-28

TONE TO THE MARKET
Deals Of the Standard Oil Company
Add Strength to the
Situation.
Prices Are Holding Fairly Firm and
Shipments Continue to
Be Active.
Special to The Journal.

Special to The Journal.
Duluth, Mimi, Sept 2s.--Numerous sales OF
lumber to be shipped from this point in the near
future have been made in the past few days,
but few of them are of Importance. The Stand
ard OIL company has just bought at Cloquet
1900. 900 more feet of two and three ten
inch stock, for boxes and it is to be delivered
at the docks here in few days. Skillings,
Whitney 4 Barnes have also been buyers of a
considerable quantity for immmediate delivery.
The standard Oil company Is not large buyer
at anything that may be termed top prices, es-
Peciaily II the indications are for decline, and
the fact that 1t Is thus buying now Is a
strengthening tendency to the market. The
Red CHI and Leisure lumber companies and
others have made sales in the week. mostly Of
medium grades, which are holding fairly firm.
Shipments continue active. In addition to the
product of local mills, receipts of lumber are
constant from Cloquet, Hayward and the mills
at Hibbing, Ely. Virginia ETC. The new mill
at Virginia Is sending this way lot of dimen-
sion stuff for eastern shipment In addition to
much Of Its cut Of boards. Four large cargoes
were sent forward from Two Harbors last week
Minneapolis Firm Starts It's Camps.
shevlin. Carpenter company of Minneapolis
has started camps in 1926 and 1928, and will
get In about 3O,o00,0 900 feet of logs there the
coming winter The Itasca Lumber company has
ceased hauling out logs by its road from Smiths
lake and will soon begin the coming years
woods operations with fourteen camps. All
logs that were dumped last winter In Carson
lake. west of Hibbing, have been hauled out
and taken by the Swan River Logging company
to the Mississippi river. The lake will again
of this lake has been much diminished by
the stripping from the LeetOna mine, whose
contractors are using the lake bed as dumping
ground s...
The Ash mill at Virginia viii run more heavily
the coming year and logging is In full opera
ton north from Virginia, The winters cut of
contractors for the Tabor Lumber company Of
Keokuk are making preparations for the winter,
and will operate with more than 1900 men.
They will get out more than 10000 900 1eer.
w. Virginia
running soon. and is to log state timber
near Bull This mill win cut more lumber than
ever before. ...
Swallow & Hopkins who are the Fall Lake
Lumber company. are commencing to strip an
iron ore mine in 1916 they have found during
the past year. They will mine there In 1904
and will be sellers on the open market Their
ore Is high grade and will sell readily at top
prices. -.
1884 Timber for Mines.
The various mining companies are to cut tim
Der for underground work larger scale than
ever. They are a very important factor in the
local timber market and are consumers Of large
amount of mill offal. The fast increasing ten
dency to strip mines and operate them by the
steam shovel policy is having the effect of
making the demand for timber less than it ordi
narily would be, but it Is growing fast, never
theless. a... .......
The sawmill of the vermillon Lumber COM
pany Is being erected on ground at Tower Sc.
STORM LAKE. IowA,IT feiDs democrats nnasslt of
cept sheriff. George Dalzfel Of Alta was chosen
as the candidate for representative, I. Fl. French
Of Sulphur Springs for treasurer, Miss Eliza
beth Sohm of Storm Lake for superintendent.
and Dr. A. W. Stevens of Storm Lake for coroner.
More than the usual amount of enthusiasm was
Ernest Bueh. waiter in Haley'a7re taurant
has been notified that he has fallen heir to an
estate valued at $4,000 In Saxony. Germany,
but he does not dare go there and claim 1t
for fear of the emperor.
Eight years ago Bnch was gunner in the
Ihirty-second field artillery in Germany and one
about the emperor. The next day he regretted
and thus avoid the certainly Of the emperor $
anger. and probable term of indefinite length
IN military prison, he came at once to America
without notice. He is now a citizen of the
United States but the fear of the emperor is
strong within him. He has engaged legal advice
as to how to proceed in claiming his property.