The Powder River County examiner and the Broadus independent. [volume] (Broadus, Mont.) 1919-1935, 1921-02-25

overhead expenses in small towns
has made a condition as undesirab bic
for the farmer and other purchasers
a. It has for the lumber concerns.
The price of any commodity to the
consumer is based on cost at whole
sale plus q certain allowance for
overhead expense and q reasonable
profit. II two or three yards are
operated in a small town where is not
business enough to warrant more
than one such establishment, there
is an undue amount of overhead ex-
pense in connection with the sale OF
the merchandise. The consumer has
to pay that II the yards are to sur
vive.
BY effecting a merger and cutting
out this duplication of operation ex-
pense, the one yard that remains can
sell cheaper and give better service.
The statement made by the man.
agement of the Monarch Lumoer
company regarding the merger fol-
lows:
This consolidation takes in three
of the largest line yard companies
at present operating in Montana. For
several years lumbermen have been
conscious Of the fact that Montana,
and particularly northern Montana,
has been overcrowded with lumber
yards.
There has been an unwarranted
duplication of stocks of lumber and
expense Of management in many of
the country towns. This we believe
to be thoroughly undesirable from
the standpoint of communities in
which we are doing business as it
means that neither Of the two or
three yards in any town can afford
to maintain as complete stock and as
good management as is desirable.
On the other hand, the situation has
meant for the companies such small
volume Of business per yard that
their investments have been unprof-
table.
THE formation Of the new COM
pany will not only help solve this
problem by consolidation of yards
but will also effect a large economy
in the executive and supervision ex-
pense and the advantages of still
greater quantity buying. In other
words we shall operate one general
office with one set Of officers and
office help and have in the field only
one superintendent covering each
instead of three. In addi-
ton to the country yards We shall
have the consolidated business of
the Goodridge-Call retail yard and
the Libby yards in Great Falls, and
Of the retail yards in Lewistown and
Miles City. We shall also take over
the wholesale building supply busi-
ness of the Goodridge-Call Lumber
in Great Falls.
Inventories will be begun before
he end of this week and within 80
lays the new company will be oper-
ating all its properties. We feel con-
'ident of the future of Montana and
,ur share in the states prosperity.
Farmers. merchants. bankers. and
'tockmen in Montana have all been
through gruelling experience with
'ur successive light crops followed
asst fall by declining markets in all
he products of our state. but now
he light is beginning to break
through and plans for our business
ire going to be made with the con-
'ident expectation of a gradual but
sure return to normal conditions |
The end of 1921 will find Montana
n very different condition than
he close of 1920"
The subsidiary companies of the
sogers-Templeton Lumber company,
which are included in the merger
re: The Pilling Lumber Co.. of
,hoteau; the Odette Lumber Co.. of
'onrad: the Glacier Lumber Co., of
ut Bank; the Vollmen Lumber Co.,
+ Hingham: the Rice Lumber Co..
+ Wolf Point; the Fisher Lumber
o., of Hinsdale: the Jaton Lumber
o.. of Richey: the North Judith
lumber Co., of Winifred: the Drum
nond Lumber Co., of Denton: the
4indgren Lumber Co., of Winnett;
he Weiser Lumber Co., of Ryegate
nd the Simkins Lumber Co., of
'roadview.