The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-10-04
LUMBER PRICES
STILL ADVANCING
CLoQUET MANUFACTURERS GIVE
NEW FIGURES.
Little or No Stock at Duluth Is for
Virginia 3 Rainy Lake Com
pany May Not Build a Second Mill
at Virginia Speculation as to What
Hines Will Do at Duluth.
Special to The Journal.

| Special to The Journal. i
| Duluth, Mimi, Oct. 4.-Sales of lumber are
being made at about these prices: No 2, eight
SCI; and Twelve inches, $22. This is an advance
over anything that has been paid, but is the
| quoted price of the Cloquet manufacturers.
| There Is hardly any price by the Duluth manu-
facturers, for they have little or no stock for
| sale. - .s,.s+
! The small mill Of the Vermillion Lumber COM
| pany is to be moved from the west side of the
lake of that name to the city of Tower, where
| It should have been located in the first place.
| A site on Hoodoo point, mile west of Tower,
has been secured, and the mill will be moved
| shortly. The company Is shipping its summer
product from its mill across the lake to Tower.
where it is handled to docks and cars and
| shipped to market The cost of this work
makes shipping from the west side OF the
| !, 500, 900 feet this summer. ... ..... ..sE
The Northern Pacific road has agreed to lease
some land at Virginia to the Virginia & Rainy
| Lake company for its proposed new mill which
the people of that city have been trying to
locate. The company, however, is not anxious
to build C second mill there, and certain de.
velopments are in progress at Duluth that make
! 1t unlikely 1t will do so. The company has
bought two large mills at Duluth, good fol-
125, 000, 900 feet year. a.t 49,.
the sites, and while not so great bargain as
the Alexander & Edgar mill at Iron River
bought by the Hines Lumber company fol
$15, 900, Of which $4,000 was its own money ant
the rest donation from the citizens, they are
good bargains With these two mills and its
present Virginia plant, together with the Null
Tory mill, which is controlled by William
OBrien, president of the Virginia & Rainy Lake
company the company will have total saving
capacity of about $50, 600, 900 feet. ~
The Hines Lumber company is overhaulng 1T
new Iron River mill, and large gang Of mill
wrights is at work. The Duluth, South Shore
& Atlantic road is putting down a third raj
for the Hines narrow-gauge road that follows
the South Shore main line for about nine mile
connection
Iron River project it is stated by those tina
know that If Alexander & Edgar had shu
down the Lea-Ingram mill there when they frs
bought it, instead of running it till their pin
was cut, they would have made $1,000. 600 NOR
than they did, simply from the increase in tn
! value Of the stumpage. That certainly woul
4 have been easier way of making big none.
/ than by running MILL railroad and camps
1 The Hines company has decided to remov
] its general logging headquarters from Ashlan
to Duluth. This is interesting comment o
3 the decline of Ashland as lumber center, an
1 opens some fruitful field for speculation t
I what the Hines company is going to do here
i 1t has now so fur as known, only about tw
4 or three years cut for mills In this vicinity
4 and would scarcely move its headquarters
4 there was not something big UNDER the hat