. Canadian forest industries 1911. Lumbering; Forests and forestry; Forest products; Wood-pulp industry; Wood-using industries. CANADA LUMBERMAN AND WOODWORKER 55 which $831,507 came from the ground wood, sulphite pulp, paper and card- board departments, and $78,075 from lumber and miscellaneous. The author- ized capital of the Laurentide Company, Limited, is $10,000,000, of which $7,200,000 is now issued, leaving $2,800,000 for the future purposes of the company. The exchange of all the issued stock of the new company for the shares of the old company gives the shareholders of the Laurentide
. Canadian forest industries 1911. Lumbering; Forests and forestry; Forest products; Wood-pulp industry; Wood-using industries. CANADA LUMBERMAN AND WOODWORKER 55 which $831,507 came from the ground wood, sulphite pulp, paper and card- board departments, and $78,075 from lumber and miscellaneous. The author- ized capital of the Laurentide Company, Limited, is $10,000,000, of which $7,200,000 is now issued, leaving $2,800,000 for the future purposes of the company. The exchange of all the issued stock of the new company for the shares of the old company gives the shareholders of the Laurentide Paper Company exactly the same proportionate interest in the issued stock of the new company as in the old. The first quarterly dividend on the new basis is V/z per cent, at the rate of six per cent, for the year, but as the capitaliza- tion is now doubled the dividend is really at the rate of 12 per cent, on the old stock. Western Canada The Mostyn Lumber Company, Lestock, Sask., has been burnt out. J. S. Grant, lumber dealer, Osier, Sask., has sold out to The Monarch Lumber Company. The Renfrew Lumber Company propose to erect a new saw mill on Silver Creek near Hope, B. C. H. H. Goertzen, lumber dealer, Morse, Sask., is reported to have been succeeded by Dewey Gardner Lumber Company. The McLellan Lumber Company, 744 W. Hastings street, Vancouver, , have commenced the construction of a saw mill. The Schaake Machine Works, 325 Front street, New Westminster, , have secured the lease of several water lots on Lulu Island as a site for machine works. The Lindsley Brothers Company, Spokane, Wash., specialists in cedar poles, have opened an office in Calgary, Alta., with Mr. G. U. Bacon in charge as resident manager. The planing mill belonging to Mr. T. A. Burrows, at Birch River, Man., was recently destroyed by fire. Several cars of lumber were also destroyed. The loss is covered by insurance. The James Richie sawmill plant at Bridesville, B. C, have been offered for sale. T
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Keywords: ., bookcentury1900, bookdecade1910, booksubjectforestsandforestry
