HOLMES EUREKA

"Our Custoners Wlll Tell You"

M EM B ER CALIFORN IA REDT'Y OOD I.',SN.

Old South and in Texas, the r,system of cotton financing' has been established for' a generation or more. The cotton farmer plants a crop, and borrows money on that future crop to. take him through the season. Every local bank in the South, is in the cotton business, and in it strong. It is simply a partnership between the bank an{ the farmer. Sometimes the bank has to carry a man over more than one season, if he has a failure, but that is part qf the game.

In California there is no such system in effect, and the pioneer cottoh prodircer of small means, has no bank to tuqp. tq for !i,s backing. And production in new territory has been lagging on that account.

Sg, along comes the world's greatest cottgn marketing concern; The Anderson-Clayton Company, of Houston, Texas, who rank in cotton as Standard ranks in oil, and they say-"Wel\ California must get started raising cotton, and if there is no other way to do it, we will have to start the financing ourselv-es." So this year this big concern, is len{ing money to numerous new cotton g'rowers in California, and taking a lien on the crop as their security. This is not their business. They have never had to do it ltefore, their business being'the buying, grading, baling, seiling and exporting of.cotton on a huge scale. They have cotton offices all over the world.

But the coiton growing possibilities of California are too great to be permitted to lag, so they are putting in their mqqey hefe, as the local banks do in the South. It is reported that this concern has loaned about a million dollars on this year's California cotton crop to induce the grower to op"erate.

Thus a great future prosperity crop of California is being stimulated by outside capital.

New Brokers At San Diego

The firm of Wood and Walter recently opened an ofifice at 458 Spreckels Building, San Diego, ind aie conducting a general lumber and mill brokerage business.

Mr. C. H. Wood for the past three years has been representing the Hammond Lumber Company in San Diego and at one time was connected with the Wheeler Osgood Cgmpany. Mr. Wallace A, Walter"has been representing the Pacific Door & Sash Company of Los Angeles and previous to this connection was with the Lumber department of the Spreckels Bros,. Commercial Company. The new firmwill continue to represent the Pacific Door & Sash Company, together with other ngn-conflictirrg accounts which will be added as connections are effected.

Forest Service May Close National Forests To Public

San Francisco.-Faced by a forest fire situation similar to the disastrous year of 1924, and menaced by unfavorable weather conditions, a growing number of big fires and the increased travel that always follows the opening of the statewide hunting season on September 1, the United States Forest Service iJ seiiously considering the total closure of the national forests,in California to public use.

More than 1,100 fires that have burned over 400,000 acres of Government and private lands within and adjacent to the national forests have already occurred this year, forest officers state. The expense of fighting these fires is in excess of $250,000, not counting the timber and other forest resources damaged and destroyed. More than half of this total number of fires were man-caused.

L. B. MORRISON SOUTHERN \/ISITOR

Combining a business and pleasure trip, Mr. L. B. Morrison, of the Portland offices of the C. D. Johnson Lumber Company, is spending two weeks in and around Los Angeles.

- Their Los Anleles manag'er, R. T. Gheen, is showing him the sights.

FORESTRY BOOK ISSUED BY LONG-BELL

"Long-Bell Practices Forestry", is the title of a recently issued bbok that is being placed in the hands of retail and wholesale lumbermen by the Long-Bell Lumber Company.

It is a very comprehensive and interedting volume and should be in the hands of all lumbermen.

"Forestry and the Lumberman", by Mr. R. A. Long; "A Description of Forestry Activities" by Mr. J. B. Woods; a description of experiments being made in California and Oregon, and other highly enlightening articles are contained in the book.

East And West Difference Not Great

Washington, D. C., August 21.-How completely the oldtime difference between wages east ahd west has disappeared is shown by a report of the Department of Labor on wages and hours of labor in the lumber industry, as reviewed by the Research Bureau of the National Lumber Manufacturers Association. This industry was formerly a typical high-wage industry in the west as compared with the east.

While Oregon mills'report tlie higedt 'i"ei'ag.t weekly eafnings-$27.69, Pennsylvania is next with $26.80. Minnesota and Montana are tied for third place with $26.57, and. Washington stands fourth with $26.43. Georgia foots the list with $12.89, negro labor being largely employed in that state. In fact, the wage contrast in the industry is now moie betweeh north and south than east and west.

PACIFIC COAST LUMBER INTO OHIO

"We are only commencing to handle Pacific Coast Lumber Products after nineteen. years of distributing Southern Lumber of several species."

From a letter by an Ohio retailer to a Pacific Coast concefn.

THERE'S A DIFFERENCE

"Ohhh! Lemuel, vat you tink? I vas arrested for speedink today."

-

"Yat, you?: Vy, you haf no car haf you?"

"No, not dat, speedink on the sidewalk."

GEO. HUFF HAS NEW YARD

The Geo. M. Huff Lumber Company, Los Angeles, is erecting buildings for a new yard at 116th and Main Sts., which will be opened for business in about thirty days. The first yard belonging to this company, at l16th and Broadway, will be kept in operation, with the new plant as the main yard.