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More Southern Capital Comes West
The Exchange Sau'mills Company of Kansas City, N{o., one of the biggest producers of lumber in the South for the past twenty years, is the latest firm to come West.
Announcement is made that this concern has closed a deal for the purchase of the timber, milling and railroad properties of the Modoc Lumber Company, at Klamath Falls, Ore. This property consists of 500,000,000 feet of White Pine, a railroad, a sawmill town and site, and part of a sawmill plant. The remainder of the plant was destroyed by fire several months ago.
The Kansas City firm proposes to go ahead with plans for a very modern plant of large capacity to manufacture this timber.
Changes In Bell Yard
William Lowe has resigned as vice-president of the Whitelock. Lumber" Company to return to Sidney, Neb., where he rvill become associated with the Nebraska-Colorado Grain Company, of which his father, L. G. Lowe is preside'nt.
Frank L. Whitelock, president of the Whitelock Lumber Cornpany, is also interested in the grain company which og'ns 12 elevators in Nebraska and Colorado.
Mr. Lowe came West nearly two years ago from Sidney and has since then been associated rvith the Whitelock Lumber Company.
This company formerly produced Southern Pine at the rate of 400,000,000 feet annually, and they still operate three very large plants in Louisiana. Their general and sales offices are in Kansas Citv.
Other Deals Pending
It is knorvn that a southern syndicate has cruisers looking at a three billion foot tract of Fir in Oregon; that a southwestern delegation who recently cut out have practically closed a deal for a Fir proposition in Oregon; that a big concern from Mississippi is looking at a big Redwood proposition in California, and that there are ofher southern people in the west just "looki'ng around."
TENNANT TO HANDLE SO. CAL. ARRANGEMENTS
Mr. E.D. Tennant, Secretary-Manager of the Los Angeles District Lumbermens Club, has been appointed as the "Spokane Committee" to look after the Southern California arrangements for the number of delegates that have planned to attend the September Annual of Hoo Hoo, at Spokane.
Southern California Cats interested in making the trip and desirous of securing information regarding-transior-- tation, rates, schedules, etc., should address Mi. Tennant. at 514 Central Building, Los Angeles.