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TAMARACK PAYS 2 CENTS SHARE
Spokane, Wash., March 1.—Tamarack & Custer declared its regular quarterly dividend of 2 cents a share, or $100,000, at the annual meeting in Wallace Wednesday of this week. It will be paid March 31. This amount was paid quarterly throughout last year.
At the annual meeting all officers and directors were re-elected. The board consists of Jerome J. Day, Wallace, president; A. P. Ramstedt, Wallace, vice president; Harry L. Day, Wallace, secretary-treasurer; Ramsey L. Walker, Wallace; Edward Boyce, Portland; F. M. Rothrock and E. H. Knight, both of Spokane.
The Hecla mine at Burke, Idaho, is now operating at full capacity, handling 700 tons of ore a day. Total shipments, however, are only 80 or 90 per cent of normal, for the new sorting plant is not completed and will not be until about June 1. When this is finished additional shipments of crude ore will be made.
The annual meeting of the Hecla company will be held in April in Spokane.
Marshfield Firm Incorporated
Marshfield, March 1.—Articles of incorporation have been filed for two big companies, the Coos Bay Building company with a capital of $150,000, incorporated by Charles Hall, L. D. Gordon and J. T. Brand. This company, it is understood, will erect on Central avenue a new office building, a portion of which will be leased to the Coos & Curry Telephone company. Charles Hall, L. D. Gordon and W. S. Wells have incorporated for $50,000 the Coos County Finance company. The incorporation papers state that the purpose is to hold property, borrow and lend money and conduct business generally.
Baker Butter Sent to Omaha
Baker, March 1.—The Mutual Creamery company of Baker yesterday consigned a carload of butter to the Omaha market. The car contained 26,000 pounds of butter and required approximately 600,000 pounds of cream and milk to make this amount. It is estimated that one fourth of output of the company is consumed by local trade and the surplus shipped to Eastern markets.
Freewater Dairy Changes Hands
Freewater, March 1.—W. H. Blackler, proprietor of the Home Dairy, has disposed of the business to his son, Arthur Blackler, who takes possession today. Blackler will now devote his attention to the Home Land company.
Pasco Printing Shop Sold
Pasco, Wash., March 1.—John Schermerhorn, owner of the Pasco Press, a job printing establishment here, recently sold his interests to Olsen & Williams, owners of the Pasco Herald Publishing company. The consideration is unknown. The new owners will continue to operate the business with Ronald Henderson, experienced printer, in charge.
Power Line Extension Started
Spokane, Wash., March 1.—M. W. Birkett, general manager of the Washington Water Power company, yesterday announced the award of the first large contract in connection with the $2,000,000 program of power line expansion and other improvements to be made this year. The Washington Electric Supply company of Spokane was given an order for 1,500,000 pounds of copper wire or the equivalent of 30 50,000-pound cars, to be delivered when needed in the spring. The wire will be turned out in the Great Falls plant of the Anaconda Copper company and the entire order as placed will be handled by Western people.
Albany Furniture Plant Bankrupt
Albany, March 1.—The bid of C. H. Green of Portland, representing Lloyd Frank, totaling $11,000, was the highest received at a sale held Wednesday afternoon to satisfy claims against the Smith-Bowlby Furniture plant in Albany. The sale was conducted by A. W. Bowersox, trustee in bankruptcy. Lloyd Frank has a $10,000 claim against the plant. Whether or not the sale will be approved was said to be doubtful, inasmuch as the total of claims is $7000 in excess of the highest bid.
Train Gathers Lost Logs
Mill City, March 1.—The annual "pick up" train of the Southern Pacific company is now going over the Mill City branches picking up logs that have been lost from logging trains during the past year, and will deliver the logs to proper consignees. This train is run once a year for this purpose.
Machine Shop Taken Over
Eugene, March 1.—Robert Veltum has bought out his partner, R. D. Clow, and will conduct the machine shop and foundry business of Veltum & Clow alone.
Albany Credit Men May Form
Albany, March 1.—Without casting reflections on cash retail merchants, C. P. Younts, secretary of the National Association of Credit Men, told the Albany Chamber of Commerce Wednesday noon that it would be impossible to conduct all business on a cash basis and that credits, when properly handled, are an essential element of retail as well as the wholesale trade. Credits should, however, be governed by a sound and wise policy such as is employed by banks, the speaker continued. Younts advocated the organization of local credit associations.
New Pasco Cafe Planned
Pasco, Wash., March 1.—Lawrence Martin and C. B. Draucker will open a cafe and soft drink parlor in the building formerly occupied by the Violet, about the 15th of March. Martin has been employed as chef of the Hotel Pasco for the past three years. Draucker is an experienced baker.
Plowing Started at Baker
Baker, March 1.—The spring weather which has prevailed here for the past three weeks, has taken the frost from the earth to such an extent that spring plowing has commenced on the Cornelius farm in the Lillard Flat section north of Baker. Two eight-horse teams are plowing.
Enterprise Lambs Are Sheared
Enterprise, March 1.—Johnson & Franklin, who have been feeding 2000 head of lambs at their ranch east of here, are shearing 1500 lambs at present, preparing to send them to market. This is a new experiment for this section, but about seven pounds of wool is being received from each lamb.
Bank Receiver Is Appointed
Joseph, March 1.—F. D. McCully has been appointed as receiver of the First National bank at Clarkston, Wash., which closed its doors a short time ago. He left for that place Thursday to take up his new duties. McCully was also receiver of the First National bank of this city, which closed its doors last June.
Demand for Tie Timber
Enterprise, March 1.—G. E. Davison and J. H. Helpinstill, manager and field superintendent of the Idaho-Oregon Tie company, were here last week. Meetings were held in several towns nearby where arrangements were made to purchase small timbers which are practically of no value for mill use, to be used as ties. There is a great demand for the ties at present.
Doctor Buys Drug Store
Helix, March 1.—Dr. C. E. Worthington of Portland has purchased the stock and fixtures of the Ghormley Drug company and will take possession and continue the business as soon as the inventory is taken. He will also assume the practice of Dr. W. A. Parrett, whose office equipment he has purchased.
Ninety-two Given Employment
Eugene, March 1.—Ninety-two laborers were placed in positions from the federal employment agency office here during the past week, according to the weekly report of Harry L. Armitage, in charge of the office. Eight were women, while the other 84 were men. This is the second week of a heavy labor run. The men placed in employment included: Farm hands 6, carpenters 7, casual
