I-iii


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CORD


iE hIY fAVAL IToRES,
I VsAT EK' GUEdERAb
| DV&TRJAhW o FI CAlIAhl
| < fEW8PAPERq9


tBerry C~brftmas to II


We wish all of our reabers


a Il)erry Cbristmas anb
a tbappv SRew lear


lames a. Iollomon, Isbtor


I -


PA


JACKSONVILLE, FLA.


SAVANNAH, GA.


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i SEND TO-DAY FOR OUR BEAUTIFULLY
ILLUSTRATED
CATALOGUE OF CHRISTMAS GOODS.
It is almost as good as coming to our store. You will find something nice for
each member of the family.
Diamond Rings. This alHm cu n Wil Me Ymur wife Hmpp Lodge FImblems.
The very finest quality K p 1.00
Diamonds, pure, white, per-
fectly cut, brilliant stones,Odd Fellow, 1.00
set in 14-karat mountings, M rasM M ae I. 0.0. F., 2.35
from She Buttes, 2.50
$15.00 to $300.00. r Ese 1.50
task- 1.5s
Ruby, Emerald and Dia- MasIs Charms, 4.,
mond Set Rings---Beautiful t K. of P. 7.
combinations of five stones
in 14-karat mountings, B|Y IT Fil IEI All YO WILL EIJV YIR Ek'Toeth 14.00
$12 00 to $65.00. CuISTMA MORE. Elk's Head, $2.75 to $21.0
We have as finely assorted a line of Ladies' and Gentlemen's
Watches and Ladies' Lockets as any store in the South. If
.... you don't see what you want advertised here, write for
f 0 catalogue.
SR. J. RILES CO., 15 B ay St,




I CONSOLIDATED NAVAL STORES (COMPANY.

Home Office: JACKSONVILLE, FLA.
Branches: Savannah, Ga., and Pensacola, Fla.

OFFICERS.
W. C.a W P rOWL, fta F. BULLAKD, H. L cOVINGTON, J. A. ORANFrOD, D. H. MMILLANr I. R. POWLL, C. M COVINGTON, JOHN H.
POWELL, Vie Primidts; C P. DUSMIBURY, Seretary ad Trerer.
uXZcUTIVe COMMITTr B: W. C Powell, C. B. Roger, H. L OibrFgtm, B. llard, J. A. Cranford.
DII.'ORSF : W. C. aPow.d, B. fllarld, C. B. Rogers, J. A. Cratord, W. J. HMimma, John H. Powell, W. l. Ooa-hm H.L. O1rigton, C. Dowag. H.
X.MNa I a. Powel, C. M. ObAngton, & A. Alford.



NAVAL STORES FACTORS


Paid in Capital Stock, $2,500,000
Owned and Controlled by Practical Operators.
The 'Consolidated" Is purely a co-operative Company. Its Interests are Identical with those
of the Producers. The patronage of turpentine operators everywhere Invited.
Two Million acres of Land and Timber for sale on easy terms.
Producers are invited to call or correspond.
M% % %116 W.-,-- V- M1. R 9 %, ""..- . - .















WEEKLY INDUSTRIAL


RECORD.


mPUnw EVY SATURDAY. DEVOTED TO NAVAL SORm LUmDER AND MANUFACTURING INtwSw

44g W si. I. DU hv a Clmsoft.eof ds TwpozOsQpu Alo a is EmAns Ofr msWpiq SqPL 19 is Aso Cos aaim s GWsd do God Anes Admbd SL L. Ml isOs
oar ONM 0= 41Tuwposim Ozon AneImI Ahmbd Aps V. BU..a. Own of St e IuhtI Con 0IU@W Amwis. lkmi by Onsei s Anefi Ovot d no i Ao


Let Florida Naval Stores Go Through Florida
Ports.


The Record hopes that an effort will be
made through the Florida Railroad Com-
mission ad by legislation, to accomplish
the shipment of Florid naval stores
through Florida por.
The great bulk of these products are
shipped, either coastwise or foreign, and
according to resolutions adopted by the
Jacksonville Board of Trade last Wednes-
day, could ad should be handled through
the ports of this State. Such a move
would require the organisation and equip-
meat of added distributing agencies, or
selling facilities, at the Florida ports, or
the remora here of the Savannah com-
paies, but this, it is held, is exactly what
should ocur, and the sooner it is acoom-
plished the better for this industry in
Florida.
The matter has been brought to the at-
tention of the Florida railroad commis-
sion at the instance of the Jacksonville
Board of Trade, amd it has also been taken
up with the Governor with a view of hav-
ing it brought to the attention of the first
sesion of the legislature. Herewith is re-
produced a letter addressed by Mr. W. M.
Toomer, presidet of the Naval stores
Export Company, to the Governor on this
subject which will doubtless be of inter-
est to the business men of this Hty aad
State:
Letter t the Govrmr.
Hon. N. B. Broward, Governor, Talla-
hassee, i:
My Dear Sir-You realize, as we all do,
I am sure, aad deplore the fact that the
naval stores industry in Florida is now
almost prstrate. It is controlled by in-
fuenes operating chiefly in Savannah and
whose seeess is only continued by reason
of the feet that Florida's product (about
one-half of the entire naval stores crop)
is in large part forced to Savannah, and
this, you will observe, not only taxes the
Florid producer with the added cost of
the haul to Savannah, but makes it more
dileuHt for the few small independent
distributing companies to care for the re-
eeipts at that market and prevent its ar-
bitrary depresion to a point below the
cost of production. It is not only within
the power of these infuenes, but they
have actually demonstrated in the last
three weeks their capacity to eat the prices
of middle and low grade rosins in half.
The naval stores erop this year is about
10 per cent or 55600 barrels short of what
it was last year; there are about 38,00
barrels of turpentine held by inedpendent
companies and producers, making a total
of 93,000 barrels of turpentine not acees-
'Sle to the conaumptive demand of the
wcrld, and yet, last year the world took
and paid for the entire crop at from 80
to 70 cents a gallon, while the price today
by reason of market conditions at Sa-
vannah, entirely ictitions aad manipulated
to the ruin of Florida, is less than 45
cents a gallon.
A nmeam r s ruestedl
There wea a number of remedies for this


situation, and one of them is to induce
the shipment of Florida's product to Flor-
ida ports. This can be accomplished, in
my opinion, best by a reduction of the
port rates in Florida, and on this subject
I have addressed a communication recently
to the Hon. R. Hudson Burr, chairman
of the railroad commission, enclosing him
a copy of a resolution adopted by the
board of trade of Jacksonville. Of course,
it cannot be expected that the railroad
companies will cooperate in this movement
while they are enjoying the added revenue
from the longer haul and while their ter-
minal companies in Savannah and in
Brunswick are reaping the storage and
forwarding charges. On the contrary,
they may be expected to resist it, and in
addition thereto delay as long as possi-
ble the development of their terminal fa-
cilities at Jacksonville, Tampa, Fernan-
dina and Pensacola.
Inspection in Florida.
A more direct and complete remedy l.)r
the situation would be the passage of a oill
requiring the inspection of naval stores
produced in Florida, that is to say the
gauging of the spirits and grading of tl '
rosins, before they are shipped from -he
State. This, under the present law, wuuld
.bring this product to the Florida ports to
be inspected and also to be sol 1 and would
take from the hands of th3 interests vho
dominate the Savannah market the moat
powerful implement with which they are
now punishing this industry in Florida.
It has been suggested that the Florida
legislature would be convened in a called
session early next year. If this is to oc-
cur, I beg that you will consider the pro-
priety of bringing, in your own way to
the attention of the legislature the pas-
sage of such a bill. I shall take pleasure
in preparing the bill and presenting it with
such arguments as to my mind demand
its passage, to the legislature.
Jacksonville's Port Facilities.
The opposition, if any, to such legisla-
tion, will doubtless argue in favor of Sa-
vannah's exceptional facilities for export-
ing in part or entire cargo lots. The re-
ply to such a suggestion is that Jackson-
ville now has a twenty-four foot channel
to the sea, and this depth of water will
float any vessel which has carried naval
stores out of the port of Savannah in
1907; but the trouble is that the railroad
terminals at the port of Jacksonville have
either inadequate depth of water at their
pierhead lines (which could be deepened at
nominal expense) or else their water front
property, with twenty-eight feet of water
in one instance, at the bulk-head line, has
not been improved and will remain unim-
proved as long as these companies can en-
joy this additional revenue for the longer
haul into Georgia. The reply from Pensa-
cola and Fernandina is that either of these
ports has water enough to float any ves-
sel that can enter the port of Savannah.
I beg to remain, very respectfully,
W. M. TOOMER,
Prsident Naval Stores Export Company.


An Appeal to Common Sense in Busine.


The financial situation has shown decid-
ed improvement during the last week.
Money has been a little easier; banks in
the reserve cities have been shipping some
money to the country; liquidation has
been in progress, easily and on a some-
what limited scale yet with appreciably
good results. The fact is, the banks are
moving toward a resumption of full cash
payments.
Business men have stood nobly by the
banks. They have been patient, helpful
and courageous. There has been a flnan-
cial famine, but men have pulled their
belts tighter and have trudged along ex-
changing grim pleasantries and helping
each other on the way. Now money is in
sight, and when they get there will they
maintain their conservative poise, their
grit and self-control, or will they gorge
themselves and bring on a colic? The
expression "It is up to the banks" has
been frequently heard during the last
month, but in a short time it will be "up
to the people," for this reason: When all
restrictions on the payment of money are
withdrawn, the business interests of the
country and individuals will have it in
their power to conserve values, maintain
confidence and help the situation along
or impede progress, as they please.
If, when full cash payments are re-
sumed, every man who has a claim on a
bank because he is a depositor or holds a
check or draft demands cash, if every
country bank calls on its reserve bank
for funds and if, thus, there is attempted
an immediate liquidation there can be but
one result. It is not probable that such
action will be taken by the public general-
ly, but we mention its possibility to point
out the duty of the business public.
What, then, can you, lumber dealer,
lumber manufacturer, you, any business
man or any salaried man or wage earner

who may read these lines, do to help?
These are some of the things within your
power to do:
A few business houses and multitudes of
individuals have hoarded their eash re-
ceipts. The result is an unusual amount
of currency outside of the banks. All this
money should be deposited. The currency
can do work in the banks and you will be
better off. Employees should cooperate
with their employers in this matter.
Further, the use of substitutes or
money should be continued for some time.
Individuals, firms and corporations that
have got into the habit of using their own
chfiecks for payment of employees, or in
other directions where currency was for-
merly used, should continue that practice
for a while. It is important that the cash
reserves of the banks should be protected
and that as little drain as possible should
be put upon them for the time.
In other ways also credit can be made
to take the place of cash. For example:
Instead of depositing the entire daily re-
ceipts of checks and drafts in the bank
use them so far as practicable in paying
obligations. Let the collection of these
item be. indirect rath tL-u direst. t


you are a retail lumberman and resdre a
cheek for $160 from a customer 9a1 ac-
count, particularly if it be against a bank
with which you are not doing bisinaes,
indorse that check payable to the whole-
saler that you owe. Let the wholesaler
indorse it and send it to the machinery
house that he owes; let the machinery
house indorse it and pay its debt with it;
thus a single cheek may be made to pay
several times its face value without hand-
ling of any actual cash. Notes may be
used in the same way.
The above is an illustration merely.
Consult your banker as to these thig ad
see how far and in what ways you eaa
follow this suggestion.
Do not be selfish and keep, or try to
build up, a big balsame in your bank
when you owe someome-be generous and
divide up. At the same time do not be
in too much of a hurry. Do not try to
force collections. It the situation work
out as easily as possible. Then, the first
thing you know the banks will be all
right; your accounts receivable will be
good and will be decreasing; your ac-
counts payable will be acceptable ad will
be decreasing, and you will find that buIi-
nes will be moving along, so far as the
banking situation is concern, ust as
smoothly as in any times of finanial am-
posure.
It will take time for business to resme
its former activity and volume. Hlp, do
not hurry it. liquidation is bound to
come within the next six months and it
will be done easily, with comparatively
little los and with few failures if bud-
nes m.- will continue to cooperate wth
the banks and with each other; it will
be done quickly at heavy loes aa with
many failures if business m n so will it.
This is a plain aad elementary sort of
talk which probably most of oar reader
do not need, but it is well to be reminded
of these facts. Furthermore, the gospel
of confidence, forbearance and mutual help-
fuless should be preached by every bus-
iness maa.
Stop being pealmitle; stop eritieldn
the banks or you debt or yur s red-
itors. Stop doing so in private as well as
in public, for them little hadhaking pri-
vate conferences do a lot of harm through
engendering suspidon and distrust. Tose
of you who employ traveling salesmen in-
struct them to talk this doctrine of con-
dence and helpfulness.
Start the business train moving, but do
it gently and slowly-not with a rear-end
collision that will smash couplings and
ditch half the ear.-Amerlaa Lumber-
man

W. W. VARN IN TROUBLI.

Autemobiles, Diamands ad Wema Bring
Him to GrieL
Pensacola, De. I.--W. W. Varn, the
wealthy naval stores operator recently ar-
rested in El Paso, Texa, upon the charge
of desertion of his young wife here, now
elda that he a muid while drmk










4 THE WEEKLY INDUSTRIAL RECORD.



WHITE OAK SPIRITS BARRELS

Guaranteed to conform to specifications Savannah and Jacksonville Board of Trade.

Write to Cetmbus Barrel Mfg. Co., Columbus, Ga., or to HENRY ELSON. florkid Mgr., Jackswulle Fla.


and that as soon as he became sober he
cesed to live with his wife. This is a
portion of a statement which has reached
Pensacola, where Varn resided for a year
or more. Much sympathy is expressed
here for the young lady to whom Varn
was wedded, as she is of excellent family,
and has many friends in this city. In-
formation also comes from Texas that
the woman who came here a few days
prior to his departure and leaving his
wife, is with him in Texas. She claims
That she and Varn were married in Mont-
gomery, but Varn denies this, and say that
it was only a common law marriage. Vat n
'was divorced from his first wife about a
year before his second marriage. The
first wife is also a resident of this city,
coming here with him when he first made
this city his residence. The case has
created great interest in this city, where
Varn became well known on account of
his love for fine horses, automobiles and
diamonds. When arrested, it is stated,
he wore diamonds valued at $25,000.
Sheriff Van Pelt, who went from here for
the fugitive, has announced that he in-
tends remaining in Texas until the cue
is finally disposed of. It will come up on
habeas corpus proceedings next Monday,
and in the meantime Varn is out on bond
in the sum of S1000.

ATTACK ON RAILROADS BAD BUSI-
3388 POLICY.
James J. Hill, of St. Paul, executive
head of the Great Northern Railway, was
the principal speaker at the 12th annual
banquet of the Commercial Club in Kansas
City.
"The transportation facilities of the
whole country," he said, "are and have
been unequal to its present means. They
must be made equal to the burdens they
bear, or the country cannot prosper. How
far railroad construction has been unable
to keep pace with the domestic commerce
the country even now does not realize.
"Railroad managements have met the
situation by every effort to increase
equipment and increase efficiency in opera-
tion. In both directions what they have
accomplished is little short of wonderful.
Everything that available capital, inge-
nuity, cheap service, high-priced labor and
skillful management can accomplish has
been done. The problem that remains is
both physical and financial; to bring con-
struction up to the needs of our immense
domestic commerce, and to raise the neces-
sary money to do this. If both or either
of these is impossible, it is not the fault
of the railway system. And only gross
ignorance of the truth or the malice of
disturbers can ignore the plain and true
facts. Only by improved methods of ope-
ration has the country been saved from
a blockade of traffic which would have
destroyed business activity or turned it
into a game of confusion and chance.
"Any other business is judged by its
average conducts, its average returns. The
railroad system of this country is not a
failure, as has been charged by men who
are without knowledge of facts and whose
opinion is consequently of no value. On
the contrary, it is, when judged by results,
by omedi reoards, perhaps the most con-


I BUYER'S DIRECTORY
^tfX~k96% --- --------- --------%^


ACCOUNrANT&S
r. G. Hutehinson Jacksonville, Via.
Walter Mucklow, Jacksonville, Fla.
ABSTRACTS.
Realty Title & Trust Co., Jacksonville,
Fla.
AXZE&
Brig Hardware Co, Valdsta, OG
J. D. Weed & Co., Savannah, Ga.
BAhES.
Commercial Bank, Jacksonville, Fla.
BEER-WHOLESALE.
Chas. Blum & Co., Jacksonville Fla.
.oseph Zapf A Co, Jacksonv Fla.
BAILKL STAVES.
Eaft Coast Lumber Co, Watertown,
Florida.
DOXZS AND CRAT&.
COumer Lumber Co, Jacksonville, Fla.
BRICK.
Geo. R. Foster, Jr, Jacksowville. la
BUILDING MATERIAL
Geo. B. FPster, J Jaeksoville, Fl.
CROCKERY.
Knght roekery sad FuPrite o.,
Jacksonville Fla.
CLOTHING.
Crnu A Br& o J. A, Jacksonville, Fla.
Stada Cothing Co., Jacksonville, Fa.
COPPER 8MrTH
Meam Brethei Jachaevmlflr Sava-
nah an 1Mol.
M. A. Baker, Brunswiek, G.
COOPLRAGK.
1iorida Cooperage CoJacksonville, Fla.
Atlantic Cooperage Co., Jacksonville, Fla.
DRUG
Wmin. Jons, Jacksonville, Fla.
DRUGS-WHOLESALE.
Groover-tewart Drg Co., Jaekovilla,
Taua Dg O, Tampa, lb.
Souti Dra Mf. CO., JwakuA-lls, Mlk
DRY GOODI-WHOLBSALE.
Covingst Co. The. Jacksovlle, Fla.
ELECTRc LIGHT AHD POWER
PLANTS.
Karl Fries, Brunwick, Ga.
EHGINES.
Sehoeld's Sons Co., J. S., Maeon, O.
LouJ ld IrM Works ad ply Co., Am-
Sm, OI
Karl ies, Brunwick, Ga.
FURNITURE.I
Knight Crockery and Furniture O.,
Jacksonville, FI.
Ramis, Jacksonville, Fla.
ERTILIZERS.
Hours & Co, Wm. A., Jaeksonville, Fla.
FOUNDRIES.
~'4hoeMd's 8So- Co., J. 8.. Mamo, Ga.
Lombard Iron Works & Supply C., Au-
gusta, Ga.
FUNERAL DIRECTORS.
The Chs. A. Clark Co, Jacksonville, Fl.
GAL.
Jackhsevfl, Gas Co., Jacksonville, Ha.


QgXTS* FURNISHKES.
standard Clothir Co., Jacksonville, la.
Stuart-Bernstei Co., Jacksonville, Fa.
Craig & Bro., J. A, Jacksonville, Fa.
GROCKRS-WHOLESALE.
Williams Co, J. P, Savannah. Ga.
Young Co, John R. Savannah, G.
HARDWARE.
Bond A Bour COn Th Jaeksonville, Fl.
Brigg, W. Hl, Hardware Co., Valdosta, Ga.
Tampa Hardware CO, Tampa, Fla.
Weed A CO. J. D, Savaah. Us.
HAY AND GRAIN.
Bour & C.. Wi. A., Jacksonville. Fla.
HATS.
Craig & Bro, J. A., Jaker.oville ti.
Standard Clothing Co.. Javmoanvle. Fla
HOOP IRON.
J. D. Weed & Co., Savannah, Ga.
HOTELS.
Duval Hotel, Jacksonville, Fla.
Zahm's European Hotel, Jack onville, Fla.
IRON WORKS.
Sehofeld's Some Co, J. S., Maeon, Ga.

R. J. Riles o., Jakadaonvl, Fli
Greenleaf & Crosby MO, Jacksonville, Fla
Hema & S er, Jacksonville. Fl
LUMBNER
at oast l em r Oh, Watertowa,
Florida.
LIQUORS.
R. Roe Co., Jacksoaile, Fla.
Blum & Co, Chas, JacksLoaille, Fla.
Altmayer & Flatau Liquor Co., Macon,
Ga., and Jacksonville, Fl.
Joesph Zapf A C0. Jackonville, Fla
MEDICINES.
Spenmer Medias Co., COattanoog, Tean
MACHIIN WORKS
Schofeld's Som Co, J. S., Maeon, G
Lombard Iron Works. AugM ta, Ga.
MATERIALS FOR luRP JMlas PRO-
CXSm
Schoaed's Sons Co., J. 8, Maeo, Ga.
METAL WORKERS.
MoIfa Uresa Ce., JacknaevJ1m Saran-
ash and MONIe.
Baker, A., Bruswick Ga. a Paer-
cola, Mi.
MILL SUPPLIES.
chofield's Son Co., J. S., Mamon, O
Tampa Hardware Co., Tampa, Fle.
Weed & Co, J. D, Savannah, Ga.
Maleby MaeMnery Co, JadWkoille, Fl
Brigg Hardware Co., Valdoeta, O
Lombard Iron Works & Supply Co., Au-
gusta, Ga.

Tampa Monmental Works, Tampa, Ih.
MULIS Am) HORMS.
W. A. Cook, Tampa. l
MEDICINE.
Johnson's Chill and Fever Tonie Co., Sa-
vannah, Ga.
HAVAL STORE.
Peninsular Naval Stores Co., Jacksonville
and Tampa, Fla.
Bareas & Jssup O., JackenvillS l


Consolmudate Naval e-s O., oi-.sl
vifl, la.
West-Flyna-Barris Co Jaoksvill, Fi.
Wiiams Oa. J. P., sa b, Ga
Young Co, Joen 2, SBavah. O.
Southern State Naal 8teres OL 8
9aM6 Ga.
PAWTlM
Bond & Bou CO. JackamilM, b.
PHOIHINATE LUWESU.
Tampa Hardware On Ta^l, b.
PLANWIO ILL.
Duval Planing Mill Co., Jaeksonville, Fla.
PHROPHATE MACHImRY.
Lombard Iron Works & Sp4 COn, As-
gusta, Ga.
fUMI
MerriU-Stevem Co., Jasdmnvflre, r
Scho ed' Seam C0, J. 3., MMaM Ga.

Athat e Uast UIm
REAL S2TAML
Southern Real bstat and Invtmt ok,
Flomato, Ala
8AWMILL.
Lombard Iron Works A Spp 8 Or, A.-
S1at4 G

Bous & O., Wa. A., Jetsens. pH
SmrP YTAM
Cummor Iumber OC., Jeekadmvll FR

Hutehimoe Shoe Co., JaeaTolfl, F.
Joa. Rosenhaim hoe Co., Savannah, Ga.

Clyde Bterm-I OD. The. NMw York CSy.
TANWE.
G. M. DIvis A Sos, Paktka, FhL
SeChoeM's Sns O, J. S., Maen, On.
PrZsto Mller CIo, UtOemt City, 1.
lrh RSaisru BXANL..S
AtUanti COoperg ., JadMksomrvi, F.
Florida CoopeaN CO1, JaksonvTlle, lH.
juP 1a.35 STILL.
Baker, M. A., Brwlk, Ga., mnd ite-
eol, l.
McMag others B C., .JJasbmWML%
Savamsh a MN .
TIM1R LANDS.
Jacksonville Development O., Jackson-
vfle, Fla.
Odram..asum TOOLS
Coueil Tool Co., Jamorrll, Fla.
Opratr Thal O., Grne Cove 5r
FIL
J. D. Weed & CO., avamnah, la.
WATCHES
Greemlaf & Crhsby Co., Jaeksonville, Pi
HBe S Bler, Jadkowmflk 7ks.
R. J. Riles C., Jaekomvfll, la.
YELLOW PIR LUMHBE
Coumer Lamler Co, Jackoville. Fla.
est OCast Lamber CO., Waterlep. Ia.


WM. D. JONES


...mOd...
FAMILY DRUQQIST
107 K. BAY ST.
MaR Ordue SqIitha4









THM WEBKLY INKLYS MU At UflOOD. S



THE GROOVER-STEWART DRUG 0


*80MORM006 4 __r MM9 A


spieuus success achieved in the develop-
ment of the United States. Costing but
from one-half to one-fith as much as the
systems of other countries and charging
rate from one-half to one-third as great,
it carries nearly double the business per
mile and pays twice the rate of wages.
1tW inventions produced by American
genins-probably no other industry found-
ed ad perfected by American enterprise
--can show, a comparative record which,
in -all the essentials of practical value, so
distances all comparisons.
"The people should realize that there
is a physical limit to the capacity of a
railroad. It has been their habit to regard
the railway as a means of transportation
over which an indefinite business may be
dame, limited only by the policy or by the
wishes of its management. The truth,
of course, is that neither the desire to
serve nor the prospect of gain can get out
of the railway work beyond its ability
to perform.
-Lem capital now invested in railways
is well employed, and the men in charge
of the railroads in this country have
struggled for nearly 15 years with the
greatest problem of our times-how to
move a load whose weight increases from
10 to 15 per cent a year with an engine
rwhoa power increases at the rate of about
2% per cent a year. The limit of safe,
speedy and reasonable service with exist-
iag facilities has been reached. The meas-
ure of prosperity is the ease and certain-
ty with which commodities may be moved.
The whole situation declares that we must
have more new lines, more double track,
more and greatly enlarged terminal fa-
ellities.
"A year ago I said that it would re-
quire $6,500000,000 or $1,100,000,000 a year
for five years to make our railroad facil-
ities equal to the demands upon them. Al-
thofgh substantially the amount of money
suggested by me as indispensable has been
collketed and spent, the railroads have
barely held their own, and the future re-
maies to be provided for. Not less, but,
in the opinion of competent judges, more
-perhape 50 per cent more-must be
spet annually for the five years to come.
"We have read of a conflict between
righteousness and business. There can
be no such conflict, unless there is fraud
at the business end or hypocrisy and cant
at the righteousness end. If any man has
done evil, if any corporation is sinning
agNaist the laws, let him or it be punish-
ed under the law. But put an end to
wholesale denunciation and wholesale pro-
scription destructive of all credit and re-
pugnant to all sense of justice."

THEg UORMOU8 ZAR lmGS OF TH
STANDARD OIL CO.
The Standard Oil Company, notwith-
stapding a business depression, showed
t profits of $81,336,994 in 1903, and $61,-
670,110 in 1904. In 1905 net profits
reached *67,459,56, and in 1906, $83,122,-
251.
The net profits of the company showed a
vferyitght shrinkage only during the bus-
iness reversal in 1803. As an example, in
1800 they were $19,131,470; in 1891, $16,-
331,836; n 10, $19,174,870; in 1803, $15,-


457,354, and in 1804, $15,544,325. Since
then earnings have been increasing by
leaps and bounds, and it is expected that
the net profts for the current year will
run very close to $85,000,000. These large
earnings have been made in the face of the
fact that the prices of the company's
products show comparatively little change.
Increased consumption has had more to do
with the increased earnings than anything
else.
What the Standard Oil Company pro-
poses to do with its enormous surplus is
a question that the shareholders would
like to have answered. It is unlikely,
however, that any decision in this respect
will be reached until the corporation has
freed itself from the litigation in which
it is now involved.
From 1882 to 1907, inclusive, the Stand-
ard Oil Company shows a total surplus


after dividends of $298,185,374. Of that As a matter of fact, the surplus ac-
amount nearly $195,000,000 was accumu- cumulated during that period was only
lated from 1902 to 1907, inclusive, a pe- $4,000,000 less than total dividends paid.
riod of only six years. It is unlikely
that a very large percentage of the sur It will be observed from this that the com-
that a very large percentage of the sur-
plus accumulated over the last six years pany could have paid much larger divi-
was spent for new construction and other ends, but probably refrained from doing
purposes. (Continued on page 12.)


Jacksonville,

THE DUVALfida.
This Hotel has recently changed hands, and is under New Management
Throughly Renovated Throughout

Headquarters for Turpentine Operators


F. BARTOW STUBBS,
Proprietor.


1. D. CRAWFORD,
MauMer.


I m lll I 444t t1i: Ill IL 1 4 tt1 li 1 It I I I- I I I I1



e Stop Paying Rent!


Own Your Home!


SSave Your Money!



SDid you ever stop to think what a worthless thing a package of rent receipts ist Did
1 0 you ever stop to thing that fully half of the tenant houses have been paid for, sometimes many
1 time over, by the renters, and yet the landlord is more disposed to advance than to decrease
__ the monthly rent account Did you ever stop to think that your rents could buy you a home
---a place that yould be your own, a comfort to you and yours now and a blessing in the days
to come T Did you ever cultivate the saving habit f Did you ever stop to think that your sar-
* plus savings could earn you a good interest and provide a home purchasing fund for you at
the same time T Beware of the rent-paying habit, and own your home. Put your rent money
into your own assets instead of into the landlord's pocket.
We will buy you a home or build you a home and let you pay for it in rents, perhaps less
00 monthly than you are now paying. We will charge you only 4 per cent interest, full time, for
eh the money that we loan you, and we will pay you 5 per cent interest on your savings, while ac-
-i cumulating a sufficient equity to become a home purchaser.
SDecide NOW to own your own home and write us for full particulars. Every guarantee of
this company is backed by its assets of over $800,000.00


If you desire to apply your present rent
money to a home of your own fill out this cou-
pon and mail to us and we will tell you how it
is done.
Ilow much rent do you payT $
Name
Street
Postoffice address
County State-.


Jacksonville


Development


Company,

Jacksonville, Fla.


Us tt4t lt191k M Mt MI MlMl* M 5 M ft M|. M


-1- 0 2- 1 -1--! Z- 1 Z- l -1 -1-2 1- 1 M- 1 11 -1- 1 -1


~II: II V W W W_ V W W W W__W_


t


r Vr r V V V V V V V


r


V v







* THE WEEKLY INDUSTRIAL RECORD.


We Will Pay You for

Helping Us

We are going to make the 1908 RECORD the best Turpentine and Lum-
ber paper ever published in the South-if you will give us ten minutes per
week, for which, ten minutes you will be paid.
We want a correspondent in every turpentine and lumber camp and
every commissary in Florida, Georgia, Alabama, Mississippi and Louisiana.
His duties will be to write us one letter a week, a short, plain letter telling
us anything that has happened at his camp which would be interesting to
other operators or to the factors. It will advertise your business better than
any other plan you could adopt, it will bring your name before the right kind
of people, the people who can help you, and the beauty of it is that it won't
cost you a cent.

A Cash Discount of Ten Per Cent on Every
Order for IPirning
We will pay you ten cents per letter, applying same to your subscrip-
tion, and allowing you a cash discount of ten per cent on every order for let-
terheads, envelopes, commissary checks, bill heads or other stationery. Our
prices on this elass of printing are already as low as those given by any
other firm, and with the extra discount of ten per cent it will make a big sav-
ing in your yearly printing bill.
Sign the following and mail it at once-we want to get this new feature
started by January and you should be represented.

Date
INDUSTRIAL RECORD PUB. CO., Jacksonville, Fla.:
I accept your proposition and will act as .your correspondent at this
place, writing you a letter every Wednesday, giving you the news here, in
consideration of which you are to credit me on my subscription ten cents
each week I write you and you are to allow me a cash disoont of ten per cent
on all orders for printing I send you. t
(Signed)
Postoffice State

COMMISSARY CLERKS AND BOOK KEEPERS
Should Look into This. There's Money in It for a Hustler


R. T. ARNOLD, Advertising Manager









THE WEEKLY INDUSTRIAL RECORD. T



. This Easy Chipper Saves time and Money.


Chip escapes easier on account of hollow back.
Cuts a shade streak easier as hollow back allows hack to
to be closed more
Gum flows easier as there is less steel to drag over the
fresh cut.


: Operator's Tool Company, Green Cove Springs, Fla.

_ a


OPLEATORS SMILS.

at Together in Ocala and Exchaeaed Ex-

a Record representative arrived in
last Tuesday just in time to be too
to for the special meeting of turpentine
a mill men which was held in the Ocala
ame parlors that day, and he was greet-
I at the door at the adjournment of the
emting, with a bunch of "old turpentine
Mls" so broad that no further evidence
as needed that there had been something

The first turpentine man to open his
Beth let out a noise like a millionaire-
(o newspaper men need apply, we won't
il for interviews" and it was only
wogh the aid of several gentlemen who
terwards gave out personal interviews
at we are able to give any particulars
Sthe meeting, as the operators and lum-
ma seem to be fighting for money, not
alidty and had passed a resolution to
* efect that no news should be given
ae papers.
Messrs. A. Hardaker, of the Martel
mber Co., West of Valdosta, and M. J.
e, of Oeala, were kind enough to give
i an inkling of what had transpired and
Is to them that we owe the following:
Thre were present about fifty gentle-
, representing camps within a radius
F forty or fifty miles of Ocala. The
de objects of discussion were the finan-
d and labor situations, which were view-
I from every standpoint, the operators
ilag the mill men their experiences and
* mill men returning the compliment.
e results were very satisfactory, en-
uing each side to see where heretofore
my had been in error, specially in their
positions of the labor problem and
ring them ways and means for elim-
ating the objectionable features. Every-
iy seemed to feel very much better.
hay ee where hey can better themselves
dm the way to start about it. More per-
mal supervision by the operators is giv-
g a better tone to the situation. They
* not leaving as much to their employ-
a as heretofore, but in a number of in-
are supervising everything to the
t detail. From a clear, hardheaded
isneas standpoint this looks good, it
ows that turpentine and mill men are
Ily alive to the difficulties that confront
men ad that they are on the right track
,remove these difficulties. It means that
ey will win out sure, in spite of all
at persecutions and Wall street "per-
al panics." It may take some time to
Lm, but they will finally come out on
p if they adhere to their policy of per-
mal supervision and "getting together."
The Oeala meeting elected Mr. Roess
I permanent secretary of their orgaania-
on, there being no other officers, and de-
Ned to meet again on January 10th, at


10:30 a. m. in the parlors of the Ocala
House. Much is expected of this meeting
and the results will be watched with in-
terest by all operators.

THE LEATHER INDUSTRY AND TE
FORE8T.
No other nation produces half as much
tanned, curried, and finished leather as
the United States, which yields over one-
fourth of the world's supply. Six hun-
dred and seventeen tanneries contribute
to this output. The raw material includes
a hundred and eight million hides and
skins, including a large number from Ar-
gentina. To tan this immense quantity
of leather, valued at over 250 million dol-
lars, last year required over a million and
a quarter cords of tanbark, worth nearly
$13,000,000, and more than six hundred
and fifty thousand barrels of tanning ex-
tract, worth $8,700,000.
Over two-thirds of the tanbark con-
sumed comes from hemlock, and over one-
fourth from oak; chestnut and other
woods contribute the remainder. More ex-
tract is secured from chestnut, however,
than from all other domestic woods com-
bined. A small quantity of extract of a
little over a thousand barrels comes from
the roots of palmetto.
Although the tanning industry is widely
distributed over the United States, the
greater part of it is carried on in the
States of Pennsylvania, New York, Michi-
gan and Wisconsin, which use more than
two-thirds of the tanning materials con-
sumed. Pennsylvania alone consumes
over nine hundred million pounds of bark
and extract, worth $8,00,000, or 37 per
cent of the total value.
Since 1900 the quantity of tanbark used
has fallen off 15 per cent, although its
value has increased. During this period
the consumption of extract increased from
07,000 to 660,000 barrels a year, of which
nearly 90,000 barrels were imported. Rel-
atively small quantities of hemlock bark
were imported from Canada, and of man-
grove bark from the West Indies and
Africa. In weight, four times as much
quebracho was imported in bark as in
extract form, but the value of the two
forms was about the same.
Bark brought the lowest price in New
Hampshire, and the highest in Oregon,
with an average of $9.30 per cord. More
than in bark the price of extract varied
widely according to the material from
which it was manufactured. The extract
of quebracho, a tree of Mexico, Central
America, South America and the West
Indies, from which seven-eighths of all im-
ported tanning materials are secured, had
an average price of $18 per barrel; and
hemlock brought $12.60 per barrel; oak
$0.90 per barrel, and chestnut $9.12 per


LIGHT SAW MILLS


Lath ud Shile MaNiel


Saws and Supplies,

Steam and Gasoline

Rngines


Try


LOMBARD


AUGUSTA, GA.


Phosphate Machinery
casting and Dryers


PECAN S
AnEvze the wrLt


permanent Proftts

Ecoamy of care
Certainty of relts

Ahla crops
Noc-perixhable product
Superior to all ut.

THE OPPORTUNITY OF TOeAY.
The first to plt a paM gro
wel be tk first to reapa
great harves t.
For full IntermaItlo aply to

THE 6RIFFIS6 ROS CO.
Jaeksouvhlu rlerhkia


REALTY TITLE & TRUST CO.
139 Realty Building, Jacksonville, fha.
CAPITAL $100,000,000. SURPLUS $16,698.12.
Is Abstrst f TiMt, Etes Lemi MMny l state.
MODERN OFFICES FOR RENT.


TIMBER


25,000 acres of cut over lands on the St. Johns River, worlds of fat pine aad
stumps. A good place to raise cattle and sheep. A good place for pine product
plant. Price, $1.50 per acre.
20,000 acres of cut over pine on the railroad; good land and fine graing; only
30 miles from Jacksonville. Price, 2.00 per acre; or would subdivide at $3.0 per
acre.
50,000,000 feet of yellow pine stumpage close to a lake with water transporta-
tion to Jacksonville; timber will cut 4,000 feet per acre. Easy logging. Price
$2.00 per thousand; terms of payment easy. Would sell in fee at price to be agreed
on per acre.
150,000,00 feet of pine and cypress can be logged to Jacksonville; about 36,-
000 acres in turpentine and 15,000 acres of virgin timber comprise this group which
can be had in fee on the basis of $3.00 per thousand feet including the land. The
land alone will be worth the purchase price.
Several tracts of virgin pine in various parts of the State; tracts of 10,00
to 100,000 acres. Several going concerns, sawmills and turpentine places. Write
us your needs. We have maps and estimates on most of the good properties in
Florida. We are in touch with buyers. We handle property that we ean vouch
for and handle direct from the owners.
4,000 acres of grazing lands near Dade City; is in the vegetable and tobacco
district. Several small farms cleared land and houses. Property is near rail-
road and is convenient to schools. Just the place for one or more families to set-
tie; to farm and raise a her of cattle; $12,000 will purchase this tract. Terms,
$2,000 cash, balance any way that suits purchaser, with interest at 5 per cent.
JACKSOI VILLE DEVELOPMENT CO,
Realty Buila Jacknavsl 1 s.


WRITE
FOR
PRICES.











C _______ M W=fLKLY INDutR!AL RUM0RI


IN OISTIIAL R.ECOR.D
JAMEROA. EOLLOMOU11. dse-CsL
A. U. MANSE. Dumbeess Nammies.
3IL ARNOLD Advertieitg Mamsome.
^ lsa sed Cowen Sm9auurdav.
MU woirnms~ r udn

SThe SO& sd M" hePradas

a be mitustrii Ainord Company.
J..b..avdfl. Dflo.
awesmo ZdeiAel 6"sksoEmbese sa

~ as ~ pombdes at Jachenvime. Vra..

Aa&5g= y U01 lzeea1&ve Lomingttwe ad
Upeatrs Asssdtle
boptembeir 12, IUM san ts exclsin G111-
sial e.IL. hdlretd, in &=a" covsewwMO
weartsber 11s t*-d owgn also of the owa

Adorpasi Apri 1171h4 13SM as the Oei~s
urvam of the iuarssrata Ckoe tirowers As-
suma1il.o -~I limp1" mbir ii, 10312 as
the only aeffid ercwad c the T. 0. A.
Wbsmmmied to uinmir people by special,
roeeshuan adepoed by the Gourgis Sissiv
Ammoaisbm


THI RuCOR'S OIF CK
The bihinu pli and the main cd-
i ot the laiMtrif t ieuormd Onepay
a lstea d at the inta eti of Bay ad
Neman suymo, JkaeMvill, Fa in thu
vry burt of the gn at turpetin uad
ye*w i'p M iustrie.
Ttavamuus, s, ea is in the Boand
e ide aiding Muavaah is the ead-
in epQR- ial strm market in t&b world.
NOTICE TO PATOX&

d,&otil AmeC& a"n mlton theretst

Tie eord wshes l ofr its reader







Merry Christmas sad a Happy New Year.
Tis is oe Awn when we want to lay
amide burin care and sxietipes and
devote ourselves to the happen e of
sam l laM mixtml mt a" a10 Gdsst




oth esp y to the of
ZuiosWI BAlsed PoiIdmi OL

C0110awAsk, amq.
The Record wishes all of its readers a
Merry Clristassaand a Happy New Yeur.
This as iam season when we want to lay
aside business eare and anxieties and
devote ourselves to the happiness of
others, especially to the happiness of
those who are dependent upon us, and
who are a part of our very lives. In
doing this we take the only step that
can produce our own happiness. It mat-
trs nt whether sprits of turpentine is
forty-two cents or sixty, whether the
mill is closed down or running full time,
whether money is plentiful, or the labor
paid, the wife and the child, the mother
and the father, their aid and their coopera-
their comforting words, their encourage-
ment, their blessings are with us always
-to them we owe more than we can ever
pay; to them at least is due a bright smile
and a cheerful word, and a hearty rol-
liking jingle-bell Christmas. Let's see
that they get it. We will feel the better.
We will be the better equipped to begin
the New Year with renewed energy, with
more promising plans. And the year 1908,
seen in distance as it approaches, looks
good. It looks as if it has more in store
for us than the one that is passing. We
believe the clouds are drifting away. If
we will do our part, 1908 will be a friend
and not a foe.

iog AND THE RECORD.
The Industrial Record during 1908 will
be better, brighter, more beneficial to its
readers than ever before. That statement
alone is suflient. Readers of this publi-
eation are familiar with its past history;
are familiar with the fight it has waged
for the producing interests, for the "man


in the woods." It has waged this fight,
in season and out of season, without fear
or favor. Persons who are competent to
judge tell us that we have been worth
hundreds of thousands of dollars to the
producing interests in the naval stores
industry alone. Be that as it may, we
have always been found on the firing line,
always willing to assume and to bear all
of the responsibilities that our position as
organ of the producing interests has given
us.
The Record will always stand for the
operators, whether it pleases or displeases
opposing interests. The Record will al-
ways be published for the purpose of in-
forming them, entertaining them, helping
them financially, industrially and in every
way that it can.
Now as to the New Year peeping at us


emphasize our first paragraph and join in
the conviction that it is bringing us better
conditions and brighter prospects. As
matters now stand we are largely the ar-
chitects of our own business futures. We
have learned the lesson of buisness ex-
travagance. We have learned the lesson
of drifting away from each other and for-
getting our organization. We have learned
the lesson of temporizing with our labor.
We will profit by our experiences and
operate in the future along more conser-
vtive and more profitable lines.
We urge that every person interested in
the production of naval stores, interested
in the manufacture of yellow pine lumber,
interested in the great commercial and
industrial advancement of the South, will
continue to read and take a keen inter-
est in the Record and we promise that the
Record shall continue to be the exponent


from over the eastern hills, we can only of their best interests.


J. P. Willipms Retires.

Mr. Caton Succeed to Presidency, With Mr. Jenning Head of a New
Florida Company.


Savannah, Ga., Dec. 14.-After twenty-
eight years continued active and perma-
nent connection with the naval stores fac-
torage business, Mr. J. P. Williams has
withdrawn from active management of the
business founded by him in 1879. From
now on, while retaining his interest as a
stockholder in the J. P. Williams Com-
pany, and assisting it in the capacity of
a director, he will surrender the direction
of its affairs into the hands of his long-
time associate, Mr. J. A. G. Carson, who
succeeds him as president of the J. P.
Williams Company.
Mr. Williams health has been impaired
for the past year or more, and it is due
to his desire to be entirely relieved from
the anxieties of business that the change
in the management has been made. It
will be with sincere regret that the naval
stores trade will learn of the severance of
the ties that have connected him for over
a quarter of a century with factorage
and producing trade and made him one of
the most prominent men in its develop-
ment. The best wishes of the entire trade
will be with Mr. Williams in his retire-
meat into private life.
Mr. J. A. G. Carson, who succeeds to
the presidency of the J. P. Williams Com-
pany, has been actively identified with its
history, and has been a prominent factor
in its progress since January 1, 1884. His
accession to the presidency on January 1,
1908, will mark the twenty-fourth anni-
versary of his connection with the busi-
ness. It was on March 1, 1885, that he
became a member of the firm. His life
since then has been largely devoted to
the upbuilding of the business. Identi-


MANY NHW PROJECTS FOR CURREN-
CY REFORM.
Details of many new projects for im-
proving the currency are being submitted
to the President and Secretary Cortelyon
and are receiving attention.
Measure relating directly to the cur-
rency which are being discussed among
bankers and various members of Con-
gress may be roughly grouped under four
heads-a central bank issue; a central
organirsain of the existing national
banks; the issue of additional circulation
against vahflms classes of bonds other
than United States bonds, and the issue
of circulation upon general assets with
the security of a guaranty fund.


fed with it over so long a period, and for
the past three or four years practically
directing the entire business while Mr.
Williams devoted his energies to the de-
velopment of his important railroad en-
terprises, Mr. Carson is today one of the
best informed and best known men in the
naval stores business. Prominently iden-
tified with the financial world, he is in
position to judge of business matters gen-
erally, and his advice to the customers
of the J. P. Williams Company over many
years has been marked with shrewd fore-
sight and unusual acumen. The producers
dealing with this house have profited by
Mr. Carson's long experience and study
of naval stores conditions. With him as
president the future progress and pros-
perity of the concern are assured. Mr.
Williams will also continue to give to it
the benefit of his many years experience
and ripe judgment.
The Pensacola business of the J. P.
Williams Company will be taken over by a
new corporation formed for that purpose,
known as the Williams Naval Stores Com-
pany. Mr. T. A. Jennings, who has been
for many years connected with the house,
and is now second vice-president, will be
elected president of the new Florida com-
pany. Mr. Jennings is one of the most
popular men in the factorage line and
probably has as extensive an acquaintance
among producers as any one in the trade.
No better selection could be made to head
the new Florida company.
Under the reorganization a long and
prosperous life can be safely predicted for
the J. P. Williams Co. and the Williams
Naval Stores Co.


The project of a central bank based
upon the general outlines of the Bank of
France or the Imperial Bank of Germany,
has apparently been attracting more at-
tention of late than at any previous time
in recent years.
Mr. Wexler, vice-president of the Whit-
ney-Central National Bank of New Or-
leans, is openly in favor of a central bank,
and says that the New Orleans press,
taught by the strain of the cotton situa-
tion, is generally with him.
Those who favor a central bank point
to the recent crisis as the best evidence of
the aid which it could have afforded had
it been in operation. Their view is that
the national bank would have been able


I TE TMTUEMr

SUE ASERS MI KI HATS


OW Clothall


Cat
RISgt
Loots

Wae




Well
leeds
well

well

eiff
Sai


Tit STUART-KRMlSTIN CO.
14 WST Y ST. C M L A.

to rediscount their paper at such an in-
stitution and obtain its notes to any
amount necessary to relieve the currency
strain
It is considered somewhat significant in
some quarters that Mr. Bidgely, the on-
traler of the currency, has just declared
for a central bank of issue after having
in previous reports recommended only a
general credit currency for the existing
banks.
The utterances of Mr. Ridgely are not,
however, considered to commit the admin-
istration, since Treasurer Treat has a dif-
ferent plan which.he is advocating when.
ever he is invited to deliver a public ad-
dress on the subject.
It is so long sine a central bank exist-
ed or was even seriously discussed in the
United States, that there is much differ-
ence of opinion as to the oemsn ot the
organisation. Those who advocate it gen-
erally insist, however, that the secretary
of the treasury and the controller of the



[HE GREATEST JOY





Comes from knowing that you have amne
some one esle happy. No joy is so lasting
or so full.


itlt M ctI

To get them something nice that will be
appreciated-especially if you have our
new catalogue to help you make your se-
lections. Send for this catalogue at on.
It is full of beautiful illustrations of
Christmas Goods and it will help you: de-
eide.

R. J. RILES CO,
15iV.BeSt. S JacbsviU. FI.









THE WEEKLY INDUSTRIAL RECORD.


currency should be ex-offcio members of ity C reacy.
the hosl of diretors, and that the Presi-
dt b ld appoint or approve the slec- The pn proposed by Representative
tion of the h iad of the bank -Fowler, chairman of the House committee
Son banking provides for issues upon the
Canaervativism Demadei Igeneral credit of the bank, with provision
The provision of the German bank char- for a guaranty fund raised by taxation
ter in regard to circulation finds a good upon circulation. This guaranty fund is
deal of favor-that after a certain fixed Ito be employed when necessary, to redeem


limit of circulation, additional issues which
are not covered dollar for dollar by gold,
should be taxed at the rate of 5 per cent.
Others, however, prefer the greater free-
dom of the French system, where the vol-
ume of note issues is practically under
the control of the bank, and where the
accumulation of a large reserve permits
the bank to serenely maintain a rate of
discount much lower than that of the
Bank of England or the Bank of Germany
while other countries are in the throes
of fnanial convulsion.
The project of combination among the
national banks through their clearing
houe committee, or otherwise, to guar-
antee a special circulation in case of
emergency, is embodied in several plans
which have been submitted to the secre-
tary of the treasury.
While the plans are declared by experts
to have some degree of merit, it is feared
that they are too complicated to receive
serious attention in congress.
So far as the plans require voluntary
action by the banks, this might be diffi-
cult to obtain; so far as they compel ac-
tion by law, it is felt by some that such
a policy -would be drastic, if not uncon-
stitutional in compelling the banks to
make a use of their assets which they
might not desire to make.
Moat of the plans presented at previous
sessions of Congress ha dealt with the
quetion of increasing the elasticity of the
circulation issued by local natioMl banks
by permitting issues on other security
thae United States bods. There is a
radial-difference of opinion, however, be-
tween two schools of thought as to the
nature of these additional issues.


the notes of failed banks.
It is the contention of Mr. Fowler and
others who favor this plan that a tax of
about one-twelfth of one per cent annual-
ly, upon the circulation, would meet all
losses, but in order to insure absolute
safety they propose that the tax shall be
very much larger than this.
The principle of the Fowler bill is in
harmony with- two other measures which
attracted considerable attention a year
ago-the bill of the special committee of
the New York Chamber of Commerce,
which was indorsed unanimously by the
chamber in November, 1906, and the plan
of the special committee of the American
Bankers' Association, which was indorsed
almost unanimously at their annual con-
vention of the association at Atlantic
City, in Seltember last.
The plan of the chamber of commerce.
committee proposed issues on the general
credit of the bank to the amount of 5 per
cent of capital under each of the rates of
taxation, 2, 3 and 4 per cent., and to the
amount of 10 per cent of capital under
each of the rates of 5 and 6 per cent.
This permitted total issues to the
amount of 35 per cent of capital, or about
$980,00,000, but it was contended that no
more than half of this taxed up to the
rate of 4 per cent could be kept in circu-
lation under ordinary conditions.
The plans of the bankers' association
provided for issues to the amount of 25
per cent of capital under a tax of 2/,
per cent., and 12% per cent under a tax
of 5 per cent.
The bankers' plan, therefore, permitted
larger issues upon an average lower rate
than the chamber of commerce plan.


COMPARATIVE MARKET Ra*Puk b.
Bpirits declined % of a cent during the past week closing at 441e at
Jacksonville n Friday and %c higher at Savannah. Comon rosins advanced
slightly and pales suffered a slight decline.
. sIs or O TURPnTIN ro TziE WK W ma AND AT SAVANAUIL
Pike. Banle U-mt bU ats.
Ja. a Ja. Ma. s Ja. a.. J.a = V. Jax. t I
Saturday . .. 146 .. 1,416 ... %68 .. .22808
Monday ... 4 453 834 47 38 495 21,64 37,290
Wedaeeday .. % 387 617 125 100 319 67920,49 38,45
Thursday ... ....44 ... 4 92 108 120,90 38,822
Friday ..... 44% 44% 301 176 6 2a 679120,798 39,496
O1U BOR TEE WEB HK MB AND AT 1AVANAM.
8tk day. Memiy. Tuaesy. Weamaly. Thmeda. Mdy.
Ja anJa. J. Ja. Mka. JaO. HMar.
WW .... 5 .. 4..6.85 6.66.66 8.6.55 6.560.65 6.506.50 6.50
WG ....... ... 0 ...50 6.50 6.50 6.806.50 6.2"8.30 6.206.25 6.20
N ..........10 .... 10 6.106.00 6. 006.00 t.006.10 6.106.10 6.10
M ....... 35 .... .35 5.35 5.35 5.205.35 5,2015.25 5.255.25 5.25
K .........4.80 .0 4.81 .80 4.804.80 4.804.75 4.754.60 4.75
I .......... 3.75 ....3.75 3..75 3.503.75 3.763.75 3.753.60 3.75
S......... 3.00 ....2.95 2.952.95 2.9592.5 3.003.00 3.003.05 3.00
G ......... 2.90 ....2.90 2.952.90 2.952.85 2.963.00 2.973.05 2.97
F ......... 2.90 ....2.90 2.952.85 2.952.86 2.953.00 2.97J3.06 2.97
E ......... 2.90 ... 2.86 2.952.85 2.962.86 2.952.9 2.9113.05 2.97
D ......... 2.90 .... 2.85 2.952.85 .952.8 .902.0 2.9712.95 2.97
CBA ......2.75 ....12.70 2.952.75 2.95.2.80 2.90-.75 2.97j2.75 2.97
REPORT OF ROl I MOVEMENT NERE AND AT SAVAWIAH.
Balm. l eaks.
Jas. sar. Jan. Hav. J822"VV. n may.
Saturday .. ......... 808 .... 54 .... 1,19: .... 37,150 ......
Monday ...... ........ ,382 2,3612,216 1,67 1,749 2,616 38,294 121,656 I
Tuesday ................ 1,622 3, 1,400 831,089 3,52537,827 116,888
Wedeeday ............... 781 2,5793,184 4821,216 2,43137,456 118,857
Thursday ................ 1,023 2,854 200 1,60 400 2,725 35,488 119,902
Friday ................... 391 3,1081,800 3,1101,115 2,678 35,748 119,470


n0. e 0004108 M ell l i @n m 0: n O mme--- u uMM

JOS. ROSENHEIM SHOE CO.
VIANUVACTUdEIUS A"D 4J S OF


SHOES


SAVANNAH. GEORGIA
"Best Shmo Mae for Comml.ay Tnis.w
e88889986111M89 86 8044 8I


NOTICE OF STOCKHOLDER MEETlINO
Notice is hereby given that the annual
meeting of the stockholders of the Com-
mercial Bank will be held at its office in
Jacksonville, Fla., at 3:00 o'clock p. mL,
on the 30th day of December, A. D. 1907,
at which meeting a resolution will be of-
fered to increase the capital stock from
$100,000.00 to $200,000.00.
H. ROBINSON,
President.
Jacksonville, Fla., Nov. 28, 1907.



WANTED
A ND

FOR SALE

following orlea N dvistim
taken for Ib tha 4n m emte fr at, ad
amu eate for following imaertin. Cah
must accompany orders u ss yp
an account with a.

FOR SALE-Small turpentine piace for
cash. Price $S,0.00 Good backing Ad-
dres Operator, care Industrial Record. t

WANTED-Ten good woodsma to go
to Luian. Must be good, ible men
who can take labor and control it. The
country is exceedingly e and healthy,
more so than the beet high woods la
eorgia. Fine salaries to the right men.
Address Pridgen & Ewing Baden, Ga.
10-12-44

WAMTXI)D-Ak eomimad di p
their tarnu of al kidsof aeed meo a
buriaps. We buy everything the way
of sacks. Writ* *. *mriR F e O
Jacksonville. Fla.

FOR iSAJB-A desirable turpentine lo-
cation, well located on railroad, fifteen
crops of boxes; timber to eat about nim
more crops. Moderate price. Schedule upon
application. Address N. R. Hays Apelsek-
icola, Fl.
WANTED-One Henry Walker, colored,
for jumping his bond. De ription: About
5 feet 6 to 10 inches high; color dark gin-
ger cake; weight 145 to 160 lbs, chunky.
He is a sawmill negro, and is working at
some mill in Florida, I think. Suitable
reward will be paid for his arrest and
delivery to me. Arrest and notify me.
P. L WEEKS,
11-30-4t Eville, Fla.

WANTED High-clas scheme good
salesmen that will command big pay, to
tell drug specialties among commissaries
principally. We don't want a cheap man.
Will pay either salary or commission.
Commiwary Supply Company, Birming-
ham, Ala. 6-2-tf


IGNAS. A. GWK -in.

PhKone 16. Jack-velow, FIa.




Cook not
SOWhy not

Gas s JMe



HUTCHINSON AUDIT CO.
PUBLIC ACCOUMTANTU & A& h10








Ctamm pua- AoreaI f







WHISKIES

MIS Ae RuMS



$1.50to$5.00 per Gallon

...... AGMaY rm......

Lewis 16 uia moiot Von"
PIre ay WIlimi.
Controllers BMBm' Mammm at ftnva
Rye--AasA for JugNA Cm1.b Oad
Pabst Milwauke Beerms. Pdtm e sp
plimtrm.

CHAS. BLUM A 0O.
517 mnd JI WETT wAT TIiST
JACMWSOVIL A A.


DO YOU WANT dulzUas?

For it will py y to am the aw Fur-
aiture at-


Rai ils's
MI nt Eanm








10 THE WEEKLY INDUSTRIAL

TAMPA MONUMENTAL WORKS,
DB ALE S IN
Monuments, Iron Fencing and Italian Statuary Headstones,
NO JOB TOO LARGE. NO JOB TOO SMALL.
MAIN OFFICES 310 ZACH STREET, TAMPA. FLA.


****************************************************

J. Schofield's Sons Company, q

? Heuaaters for
SDistiller's Pumping :
i: Outfit.
No plant complete without one.
SHundred of them in ue uln Georgia,
Florida, Albnm i Misaippi and
oth aolina. rite us for prtcu-
l hr ana prices. We also manufacture
E.ghes, kMers aad lm nia h ?
r Grade Macim0, ry,
a well as array a full and complete
-eooko-!
I5 --u Vn --- k
o E Boi3er Tubes, Etc. ;
Advise your wants. o

a is" frtMta *an
Macon, - Georgia. :

... **** *.. . .. b t* tta.t.t uh.... t **.:s. -. -




CumR LUMBER COMPANY
JACKSONVILLE. FLA.

Ryh Dresamd Luber

Log Lon erimfw PhiA.


- Coin


i Standard Clothing Company I


One Price


*
S
B.


One Price


I ASHIONABLE CLOTHIERS AND FURNISHERS,
17 o4 19 West ty Street. - .aMoveU, Flonrse
SHtteam and Nawesm ata. Speela Attentles Give to ail Orders.


TUR--------ENTINE ------ BARRELS
TURPU IR 1P E NTV I MNE BA3 4A 1R IRE IL S


ATLANTIC COOPERAGE COMPANY
Manufacturers
Hand-Made Turpentine Barrels

We have been manufacturing our own staves
for years and select the very best stock for our
barrel. Skilled coopers employed. Just begin-
ning bmuine in Jacksonville, and aolieit a share
of your patronage. Send un a trial order.


&1 e01. WaIonZT. Mnagr


320 DvaI-Va'.hwwb RkdIa~g


JUMkamViiTt. U a.


THE OLDEST WHISKEY HOUSE IN
THE SOUTH. (EstabMisaed in zl.)
OLD SHARP WILLIAMS-Pure Fine
Old Rye. By the gallon, $3.00; four full
quarts, $3.50, express prepaid.
GEO. J. COLEMA -Pure Rye; Rich
and Mellow. By the gallon 2.75; four
full quarts, $3.00, express prepaid.
ANVIL RYE-Pure Substantial Family
Whiskey. By the gallon $650; four ful
quarts $2.90, express prepaid.
CLIFFORD RYE-By the gallon $2.2;
four full quarts 12.65, express prepid.
OLD KENTUCKY CORN-Direct from
Bonded Warehouse; flne and old. By the
gallon $3.00; four full quarts $3.50, express
prepaid.
OLD POINTER CLUB CORN-Rich and
Mellow. By .the gallon $2.50; four full quarts $2.90, express prepaid.
Send for price list and catalogue. Mailed free upon application.
The Altmayer La Flatau Liquor Company
720, 7 2, 724. 726 W. Bay Street - J- ckonviU flr.
P. 0. Box usa. Phone 314.
-ssasesssasassasassissast singanllll~llIsasualanass.I~


J. P. Wuzzm. President
T. A. JUmnE a. 2nd Vlog.Presdent.
H. LZ Kkyvo. Soczetwr.


J. A. G. CAmRS, l VkWe~sidst
H. E Scxwre.


= J. P, WILLIAMS COMPANY,

UIl1 amOS U Il Fa VON US n lla M1B.
-Mfain Ofnee SJLVJm NXIH O IOUL. *
rf b oimu ]tA.LCO,., WLX. *u m Ow eme.
r el Ofe-i jjCKSfONVILLZ, PLA. 1 COLU S, LA.
Naval Stores Producers ar Irvited to Correspesd WM Us.
Ili 5 lll l illl ll lll-i iIIIIIIIIIII I ll 88833 85551535
WILLIAM A. SOUIR JAMES 0. DANBY


WILUAM A. BOURS & COMPANY
THE OLDEST ETAUUME GRAM A-K IES ISWE U fE STAfT.
Hay, Grain, feed, Garde
Seeds, Poultry Supplies, Four,
Grits, Meal and fertlIzers.
OUR MOTTO: Prompt Shnmest, halable Goods. C1a1es0 rr s
206 EAST BAY ST.. JACKSONVILLE, fIA.
t......ee4etee...el.......* ...... O.eee..***.e..**..e


L V. WWIT
hakeslnt


aOI ~s
K*014 L HAMM.
V. I~ KamE.
rvlwbarsy


KLL
see' asI TE
D. L3.
Ainmn sermATm


WEST FLYNN & HARRIS CO.
GElAL OmCIGCS II L. Gvdannuhb, a .
I WEST BLDO. JaikemA, Fla,

I NAVAL STORES FACTORS.
I NAVAL. STomRS RMCrIVD AT sAVAMXA, GA. JAcmK S VIL
FLA, AD MRAIIDUA, ILL

Wholesale Grocers also Dealers in Hay. Grain and Heawy
Harness

ISOLE AGENTS for th" cd u" Tumr.. &wa
SMEURCHANTIS WAREHOUlSES
SAVANNAH, GA. JACKSOVILLE, FLA TAMPA, i.A
1989991190 -9o91








THE WMELY INDUSTRIAL EEORD 11


IssILDIme TH CAI PLAT.
MT B1oth tlanut Car ad Mauus e-
ompany's plant at Wayros, G.,
Swas destroyed by re in the latter
of Ostobe, being rebuilt, and work
F FMreg1ing favorably on the new works
o plant which was destroyed was
a at W$W000, but the new oe will
Worth $0000 or more The times
e Waycross, loth to take thUe hans of
losing this valuable ni-nunfetnrig eon-
which carries an annual payroll ag-
greSatig nearly half a million dollars,
ea.m eced active work immediately after
the flr to raise funds to aubseribe to
tocdk with which to rebuild the plant.
er effort were asuoesful, and the new
plIat, to be ereted, was succea fully fi-
iseed. This plant i quite an important
factor in the loal lumber market for
ear sild ad heavy timbers, being a large
Dealers here and at other
in Georgia were pleased to learn
tht the steps taken to secure the new
plant for Wayero- were successful, and
that the work of building is in progress.
NOTICE TO ON-RES DET.
SCircuit ourt, Fourth Judicial Cir it
a Florkla, in and for Duval County.
In Chamery.
Chmgie I Tower, vs. Geore I lanaster
Md wife et aL
To George D. lanaster, RMe J. Iaaeaa-
tr, George D. lanaster as Trustee,
Winaie Hobbs, John Savage, Judson
avage and Virginia Savage.
Yo are hereby required to appear to
te Bll of Complant led herein against
yo in the above entitled cause on or be-
fme te th day of January, A. D. lO9.
"Th Industrial Reord" is hereby des-
atel as the newspaper ai which ths
erdr shall be published once a week for
fw easeutrve weeks.
Witness my han ad seal of office this
MR day of November, A. 1907.
P. D. CA88IDY, Clerk.
Yog and Adame, Solicitor for Com-
plasat. 11-Wit


Cypress -Tanks


rf for Ca1C0#s
Preston Miller Co.
JOt. P Creset City, FlFa.


JOSEPH ZAPF CO


Wbolmale Iealars In mod nBoe t cf
ANHL3sER.- B sCH
SL Louis Lager Beer
Wl~saeli


Make Money in Jacksonville Real Estate


TEN DOLLARS STARTS YOU


W E HAVE DECIDED TO PLACE ON SALE a Special Fall Com-
bination of Investment Jacksonville Real Estate that will at once ap-
peal to every man and woman who can place as much as $10 a month in a
real estate savings account. The combination at the low price made is just
as sure to bring a fifty to one hundred per cent profit as Jacksonville is sure to
grow. It takes in three of the most rapidly developing sections of Jackson-
ville. It "corners" the situation and makes the small investor absolutely sure
of his profits. By buying three lots in the Special Fall combination the in.
vestor can save $150 on the present selling prices. The three lots (any choice
from plates) in this combination, and their present selling prices follow:


Murray Hill Hihts, appro ed b b beautiful Highway
aveua paved, or from St. John drive, paved, near th
w million-dollar shops of the Seaboard Air Line RaB
way, and a subdivision that i all whit, and extremely
po- ar, pr= selling price
Phm Oret Park, near the corner of Myrtle avenue and
* isa road, in front of the Edward Waters College it
and adjacent to more nw ottages than any other section
of JadBmonvlle, prent selling pris
East Grand Park, approached by beautiful Kings road, a
magamiesat suburb, -class, clean, strictly white and
rapidly devlopiag, preMent Mlli prim


TOTAL


We will sell these combine-
tions, limited number, and
until otherwise advised, for


$200


$350

$150


$700


4


$550


The present selling prices of these lots make a total of $700. They can
be bought only in these combinations at the phenomenally low rate of $660,
and on the easy terms of $10 cash and $10 a month without interest or taxes.
Only a limited number of these combinations will be sold. Therefore, ACT QUICK.
Leave the selection to us and we will give you absolutely the best choice unsold gn-i-*sivg
you at least one corner out of the three lots. We issue a straight contract for deed. Our title
are absolutely perfect. We guarantee every lot high and dry.
PLACE 8AVINOG IN JACKSONVILLE DIRT.
Jacksonville, the gateway to Florida, is the most rapidly growing eity in all the lBoth,
perhaps in the country. Devastated by fire six years ago, it is today a city of over Afty thou-
sand people and growing at a rate that is phenomenal. It is a cosmopolitan city--ade up
of a fine citizenry from all sections of the world. It is one of the cleanest, halthit mast
beautiful cities of its size in America. It is a city of magnificent homes, churches, sehooa. It
is a city with a great future. Ships from its harbor reach every port of the world. Great
trunk railway lines connect the four corners of the United States. It-is a city of unpree-
dented opportunities for safe, sound, profitable real estate investments. It has ever had a
boom. It wants none. The rapidly increasing values follow natural causes. The city is
growing so rapidly the suburbs are fast becoming the centers of business and residential ae-
tivities. Real estate values in the city alone increased over a million last year-the suburbs
increased in a greater proportion.

LOOK US UP!
The Jacksonville Development Co. has a capital stock of $500,000 and assets of $800,000.
Its officers and directors are among the leading bankers and business men of the South. As to
our reliability and financial standing, ask the banks.
JACKSONVILLE, DEVELOPMENT CO.,
Jaksonville, Fla.
N. B.-We publish on the 1st and 15th of each month The Invesors' Guide. If you are in-
terested in real estate and desire to place your surplus savings in the safest and orut profit-
able security on earth, tell us to send this paper to you a few months FREE.
J. D. CO.


4c2 Wrals for Pursam


THE Wlcanrlr INDUSTRIbI~ BIWO~D~


11









12 THE WEEKLY INDUSTRIAL RECORD.

Causal $20NU

HUTCHINSON SHOE COMPANY
VICTOR SHOES AND HATS
Vholele Jackonville, Fla,


(Cntinued from page 5.)
so owing to the many suits instituted
against it.
The business of the Standard Oil Com-
pany, as is well known, does not require
the enormous surplus now carried, and
stockholders anticipate the cutting of a
very large melon in the event of a satis-
faetory adjustment of the litigation affect-
ing the corporation.
The following table, which shows the
net profts, dividends and surplus after
dividends, of the Standard Oil Company
from 1902 to 1907, inclusive, the profits
for 1907 being estimated, gives a good
idea of the Standard Oil Company's tre-
mendous earning power and the large sur-
plus available for distribution to stock-
holderi:


After
Year. Profits. Dividends. Dividends
1907 ..*865,000,000 P3,36,320 $46,64,680
1906 .. 83,122,251 39,335,320 43,786,931
1905 .. 57,450,356 39,33,30 18,124,036
1904 .. 1,670,110 35,188,266 26,381,844
1903 .. 81,33,994 42,877,478 38,459,516
1908 .., 64,613,363 43,851,966 20,761,397
$433,202,074 8239,923,670 $193,178,404
'Approximated.
The above table includes only the sur-
plus accumulated over the last six years.
and not the surplus since the company wa-
organized, to Dec. 31. 1901. Until 1902
the Standard Oil Comlpaiy apparently
made it a point to distribute io sharehold-
ers each year a very large Iercentage of
its net profits, but this policy was aban-
domed at the close of 1901.


Clyde Steamship Company


ELECTRIC LIGHT AND POWER PLANTS
FOR MILLS AND FACTORIES.


NEW YORK, CHARLESTON AND FLORIDA LINES
The nrmagoifest ite-mhip of th a" are appointed to ma felow, si as
Charlhstin, & Q, both ways.


REMINGVTON OIL ENGINES Ire Nw Yao,
tIWMl1i4 oN RKOSM ("M3 N6h River.)


mre Jaoskasm vis s
STEAMER Charamtr an aew Yak,


KARL FlIES - BRUNSWICK, GA.
1311u1**u'"I)( muuumesaamaauuhua'~ueauauuuushheaosI~~)I


J. W. 11S.


0.CB. Paia
Vies-Pres


Jaes MeNat.
VieL-r1a.


W. W. WLmr,
See, & Trans.


John R. Young Co.,


Commission

Merchants.


Naval Stores factors. Wholesale Grocers.

Savesnah a Brumwick. Ga.


Monday,
Tuesday,
Thursday,
Saturday,
Monday,
Wednesday,
Friday,
Saturday,
Tuesday,
Thursday,
Saturday,
Monday,
Wednesday,
Thursday,


Dee. 2, at 3:00pm ..... APACHE ..... Saturday,
Dec. 3,at 3:00pm ...ALGONQUIN.... Sunday,
Dec. 6,at 3:00pm .... ARAPA11UO ... Tuesday,
Dec. 7,at3:00pm .... COMAN CHE.... Thursday,
Dec. 9, at 3:00pm ...... HURON ....... Saturday
Dec. 11, at 3:00pm ..... IKOQUOI ..... Monday,
Dec. 13, at 3:00pm.. ......APACE.... Wednesday,
Dec. 14, at 3:00pm ... ALGONQUIN ... Friday,
Dec. 17, at 3:00pm ...ARAPAHUE ...... Sunday,
Dec.19,at3:00pm ....COMANCHE.... Tuesday,
Dec. 21, at 3:00pm ......HURON....... Thursday,
Dec.23,at3:00pm .... IROQUOI .... Saturday,
Dec. 25, at 3:00pm ......APACHE ...... Monday,
Dec. 26, at 3:00pm .... ALGONQUIN .... Tuesday,


*Freiht only.


Dee 7, at 10:00m
Dee. at 10:00
Dee. 10, at 10:0o
Dee. 12, at 10:00-i
Dec. 14, at 10:00m
Dee. 1;,at 10:00s
Dee. 18, at 10:00m
Dec. 20,at 10:00
Dee. 22sat 10:00a
Dec. 24, at.10 s
Dec. 2, at 1:0am
Dee. 28,at 10:a0
Dec. 30, at 10.fam
Dec. 31,4t 10:00m


tNew York direct.


CLYDE NBW ENGLAND AND SOTUlERIN LINES.
freight service aBtween Jackaeaw=nvo nea Par wme s al au Esm PO N


Zre asuth sdse
Lewis Wata Best"


Saturday,
Tuesday,
Saturday


hVia Brunswiek, Ga.


Ca ng at Chadsetem eth Wa
FREIGHT ONLY.
fr


Ire hK btkI`- Sae


Nov. 30...............KATAHDIN............Saturday,
Dec. 3............... CHIPPEWA. ..........Monday,
Dec. 7.............ONONDAGA..............Thursday,


Des. 7
Dee. *
Des.12


CLYDE ST. JOHNS RIVER LINC
Batwea Jaedmvils s d angea
Stopping at Palatka, Astor, St. Franmes, Bersord (D"lad), a.d intwmeas
aindings on St. Johns River.
STEAMER "CITY OF JACKSO3nVILLE"
Is appointed to ail as follows: Leave JackamvtDe, Sundays, Tuesdays and Thwe-
day, 3:30 p. m. Returning, leave Sanford Mondays, Wedasdays aud Fridays, 9:
a. m.
8CHADULW
Read down v |B L
leave $:ISp. .................... Jaekaoavla ............... .Arr
Lave 8:46p. m.................... P ta ...................lmv I:00pm
Leave 3:00 .................... Asto ....... ............. Lare 3:0pm
............... ............. Bereiord (DULau) .............. I m 1:0 p.
Arrive 8:20a. m.................... Sford ................... Ile M*30s.
Anhive 1:0 4 .................. ataerpne ............... ILve 10:e a
GENERAL PASSENGER AND TICKET OFFICE, iss W. SAY 8T, JACrVILL4
r. m. ImoxONGE, J, A. P. A, Ja~emvWe, 1a.
JOHN PUNDREL, T. P. A, A C. HAG rTT, 0. P A,
JackesavllS, Mn. Pin 3s N. 1, Now Tek.
. H. TAYLOR, P. T. M, C. C. BROW, P. A.,
aoe Braadway, new Telk
L. D. JOXS, T. r. A, L. L CRaOM., C. A,
Jacksnvil, L _eea la
W. G. COOPER, JR., F. A, CLYDE EIN 0 F. A.,
Jacksonille, Fa. Pi 3 M. ~, New Tedk
C. P. LOVELL, Agent, Jackafille, a.
GENERAL OFFICES, PIER P N. I. Dnunc, ago sADdway, mew TYk.


Christmas and New Year


Holiday Rates



The ATLANTIO COAST LINE will sell tickets
from all points in Florida December 20th to 25th in-
clusive, and December 30th, 31st and January 1st with
a final limit returning January 6th. Rates will be one
and one-third fare plus twenty-five cents for the round
trip.
Ask your nearest railroad agent for rates to any
point south of the Ohio and east of the Mississippi
Rivers or call on or write to
A. W. FRITOT, Division Passenger Agent,
Jacksonville, Fla.







THE WEEKLY INDUSTRIAL RECORD.


Duval Planing Mill Co.
Seweml and hlead Avwe. &hM,, Ph.
Bui and Ce tzcter Wi Do Well to
Have Us M a To n Work
t our Lie.
Phone i74.


You Want a Turpentin Locatin?
YTo Want a Tuamrpell Lcateia?
You Want my Kind or Ferida Land?
Ye MeM Bwstiness?
l can W WrWte f
J. H. Livingston & Sons,
OCA A. FLOAIDA.


Brick and Building Material.
WhMe ye oed these PertlUan Cement. Plaster Paris. Hard Wall
Plater. Hair tr Plastering, Singles, rre BIl*k or Clay, Write to
GEO. R rOSTER. Jr., Jacksonville. Fla.


$ THE COMMERCIAL BANK
JACKSOILLE, FiA. Draies: Ocala M La Cty
The largu t lMdting 8sat Bak ls Jacksonville. i eaed.ted In a old-
whisemd mLtreUy servitive mmner and i. aubjet to rqulr e.aminatin
Sby the COmptralr.
am muririal awndt Asments aolietd
R. RBniaO, W. OWVR, L. GAnL.Lan,
Psew Vice-Preslams Calrar.




$500 CASE OF GRIP
Crwd witl one bottle of Jolnson 's Tonic. Don't
pv tSl vo hove gained 10 Is. Price SOc. Write
The Johnson's Chill and Fever Tonic Co.,
SAVANNAH, GA.




M etropolls


Is the Paper you want. It is
published daily and is from 12
to 16 hours ahead of any other
daily newspaper in Florida ..


$5o0 a Year $2.50 Six Months
Full Telegraphic and Stock
reports. If you want to keep
posted on the news, get the
Metropolis.

CARTER & RUSSELL PUB. CO.
JACKSONVILLE, FLORIA.


Mc KOY PATENT

Turpentine Cup.


ZANIS EUROPEAN HOTEL
urnm RM xr-noz
SOM ga 9o ftao Fpr Nht. IKels at
AR Unsw r0 X 8" Sree.
JAaC2O IL3, LA


110 IlE illF Tm IE .
1015 Iiburam Buid~I
New Orleans. L^ama


Barnes & Jessup Company
Jecksonvill* Flordlda.

Navafl Stores Factors and Commnalsonr
Merchants.

ornICELS.
SC. H. Barne. Preident. J. A. Ewlna Vice-Preildls
r. B. Well. Seerotary snd Treasurer.
DISLECTORSI C. H. Berne. J. A. Ewtn. .L S. aiJl.
J. aL. Saiunders. E C. Long, W. Cuamanr, E B. Well% W. &I
Jenninw, G. W. Taylor.

--

Turpentine Cups

As or supply of sps in Nd, we s
set tht miieg pnmu
their Irder. isr Aar 1sko,
For Presm on
Cup, otters di al Tals
Adderm
Chattanoega Pottery
Company




East Coast Lumber Co.


ROUGt AND DRESSED LONG LEAP


Yellow Pine Lumber


Bundled Rosin Barrel Staves in Carload Lots
Steamer Shipmate a Specialty.


WATERTOWN, FLORIDA


The best and simple cup
on the market. Detachable
Greater Capseity, easier
dipped ,more easily pissed
on tree, stronaer and pri-
ticlly indectrueible. Will
not rust. For etaloS uad
price Uli write







THE WEEKLY INDUSTRIAL RECORD.


Southern Drug Mfg. Company
WHOLESALE DRUGGISTS AND MANUFACTURERS OF
Flavoring Extracts, Packed Drugs, B. B Bluing. Vinegar end Pyne's Popular ILOndies.
We handl evenrylidt in the Drug and Medicine nne. Write for prices. JACKSONVILLE. FLA.


INVENTOR AND THE
M. A. BAKER, cre o
e AK BAM V EA S MANUFACTURER OF
BAKER IMPROVED SEAMLESS TURPENTINE STILLS.


BEST TANKS
ON EARTH
Are mdas in ahks, M&, b k DAvi I
son. ro.w -s saissWd wd. Wek-
mE-MUb l nal tho aat af the mtaraLsL


Wwt -- wrto-r. IsB W ta ab turntu bte&
JOB WORK VmoVETrM COVET rT PROMTLY ATTNrIDEDrT
The Largest ad Oldest Copper Works In the South.
My selalty Is large wrms ad heavy bettems that de net leak
BRUNSWICK, GA. ai PENSACOLA, FLA.



DIAMONDS AND WATCHES
We me a a caM. We ca. "ew ea0, at cwrect amd mey+
Msas price, -r papMr or tese prC wirte, perfect
AMOWaS. It Is wr des to cemone beitg te largest
-meMd deaklr Jac a eite, m ar specialty Is fne ream-
-c gams am "l-grMde Walhms and Clg Watches.
O gj 01 nCMD11m"S. Watches, Jewelry,
HESS OL C 11-13 331I., J oE8mdF



Craig Bros Co.
2"9 W. BEy Street EVERETT BLOCK.
Leadera in Men's and Boys' Fine Cloth-
iag and Up-to-Date Furnishings.
Agnts for Dunlap and 8tetson Hate; largest stock in the City.
----- --------- -
-----------------------------^ ^^ ^^^^


Reliable Whiskies.

When we make Claims for our goods we are certain ol
the facts. We operate the finest open fire copper Distill.
ery in the World. We do our own bottling and packing
and no expense or labor is spared to have every drop of ow
Whiskey absolutely pure and of the highest quality.
We guarantee every Order to be perfectly satisfactory,
or return your money.


Four Full Quarts Rose's


"Old Corn" or "Old Rye" or assorted $3.40, esprea
prepaid. Write for complete Price-List.

R. M. Rose Company,
16 West Forsyth Street, JACKSONVILLE FLA.
"ASK THE REVENUE OFFICER."


V.. a nDURSn, Pzes
L & CRAFT, Vhs-PVa..


X. B33Ga3, am. Mr. an Vit- PrM
R. T. RICHARD, 9sey.


Southern States Naval Stores Co.
Savannah, Ga.
Factors and Commission Merchants
Ship to Savannah Get Competition Highest Prices Promptest Returns
Correspoad With Us


TAMPA DRUG CO,
Wholesale Manufacturing Druggists.
TAMPA, FLORIDA.
RFll and complete lbe of all hads of Drugs, Chemical
and Patemt Medkll*.
SPECIAL ATTENTION 10 COMMISsARY IRADE.
PROMPT ATTENTION TO ALL ORDERS.







THE WEEKLY INDUSTRIAL RECORD.


BEFORE MAKING YOUR PURCHASE!

-See The-

KNIGHT CROCKERY

-And--

fURNITURE COMPANY
JACKSONVILLE, FLA.


DIMWCTOM:
G. Ad ,r.
G. A. Pmewpw.
Cl H. rm.ew
P. L. Watk.
I. G. Csmndr.
.. DeBs.
IL Welwm


D. C. ASHLY. Preelint
a. W. BLOUNT. st Vice Preidmt
ad Gmed Mamer.
G. A. PETTEWAY, Ad Vic P-a.
J. M. ASHLEY, 3d Vice Prs.
H. BERG. Sec. ad Trm.


DIRECTORS:
B. W. Bomnt.
B. A. Carter,
T. G. Culbreth
A. S. Peadletoan
B. G. LdtnaLr,
J. Asheey.
W. T. B. Hulri o


PENINSULAR NAVAL STORES CO.
commission Merchants
and Wholesale Grocers
SRcmlvg Ponts--Jacksowe, Tampa and Ferandina,
Fla., Savannah, Ga.

Capital Stock, $1,000.000.
mM W


H. D. WEED.


W. D. KRENSON


J. D. WEED X CO.,


Savannah, Georgia

HEADQUARTERS FOR


Hoop Iron and Turpentine

Boxing Axes.


McMillan Bros.


PLANTERS

"Old Time" Remedies
THE JOY Of THE HOUSEHOLD.
These four W1e0t remediis, Nuh Tea, 3...Wiew, Cuat Roihi
and Cuba OM, are si joy of th hoaneho. With th aar at hait,a
as i rldy for ayem rey. H kaa a laf relate ast ldy ref
for wif, hBUre. alf o rt With thee rmedie Tou a keep the
doctor's han out of yor poedr and yet bhv a mealty, m famy. -
Belde, you a eua re your stok of ay ilment thatt may tt. m -- --.
IUMBIA TZA-Ja LiTqid r Poewer rm-l the grat fiamy -medla U
winl ure all forn. of Lvr ad Kidney 0=.Oo ntat r Mas ilma. an ma Ieutl
Fwer. Cares tha comum almenrt of cdren; ad a luatih tele it is withkt
n eual--uf und rlable. I the liquid, it i; xtd~y ralMta Ue rn
hlike t--ad it i READY FOR US.
BIUMDICTA is a womr's medium. It wil m al the dibsas easmm to
women, and dhmed as Female Troublb. ]t will rlig yJ rth bck to the md wrman,
wro ra m oM sufering bemnsem d thougMt t wemC lt. It wil ere for the
yoangr just eaterinag womaood; and epar theo young woman or the amered
lutie of wife and mother.
CUBAN W3LIX-The instant Paint Killer, fr either or baest. Reltrme
intautly, Ch.e, Cramps, Chlera Mrbu r, Dyrtrrry and rBak HIasheb
r cole ia horwam it ia a infallible remedy and is gMCte to r1he rd in lv
CUUAN OIL-TIhe Bmt Bem adt Nrae IAdet. Is atieptle for 0t6,
wpi or torn fesh, ad win intuantly rele the pae. Crs bset bts ard ste,
jm and bars, brald an O d ie, ehad and fbe, re and teder Ma.
Relieve rkematie pai, lame bIak, Jt ts, at in stek eoes wire femw ts,
merathe, thrns, plint, collar eorm, addle galk, ant diset Lhee
WMreo fa Pdrm
SPENCER MEDICINE CO.. Chattanooga, Ten.

H. PIur Umirl. Pres. P. L. BUTHELAND, Vies-PrsA. A. I COvil &, x1 Bey.
J. P. COUNMCL. TreL ad Geri Mr.

THE COUNCIL TOOL CO.,
Goeral Oelae: JACKIOuTI.LE, LA.
Faetry: WArWWATM, Z. C.
eamerfua-we of Him *erwa r Toe
-w a- ma^ n rri


W WILSON,
Pre. & Treas.


JNf. C. HARRIS,
Vi Pores.


4L J. SCOVlL,
be'Y a Geal. No.


Florida Cooperage Company
U cor- ) CApiHal t.Ok Osefo
MANWACTWRVRJ OW
Turpentine, Cotton Seed Oil, Dip

and Syrup Barrels.
Office amd ctry Enterwprle a Estal StreetL
Telephone 1855 Jacksonville, Fla.


Southern Copper
Works

Manufacturers of TURPENTINE STILLS
Complete Outfits and Extra Kettles, Cape, Arms, Worms, Fur-
nace Doors and Grates always on hand
Old Stills sta e New Work p"
payment or in the country
Heavy Ceppersmithin.g Steam Pipe and Speeal Cpper Work
Jacksonville, Fla.


Savannah, Ga. Mobile, Ala.


mn1 FayetteyileAN C.





STHE WEEKLY INDUSTRIAL RECORD.


U Diamonds for Christmas Gifts
J 10 XMAS GIFT so choice as a Diamond. None so permanently valu-
S. able. Carrying the largest stock in this section we offer a range of
prices to suit every purse. Direct importers for more than twenty years,
we save you the middleman's profit.
HOLIDAY NOVELTIES HOLIDAY NOVELTIES
Call and examine our stock; we may have suggestions that will help you in your choice of a gift. It you
wish an article for a dollar, or something for many hundreds, we have it, and
you will receive the same careful attention. If unable to call, write for our new
illustrated catalogue. Mail orders receive prompt attention.



Greenleaf & Crosby Company
Jewelers anb Silversmttbh
41 West Bay Street Jacksonville, Florida
SAT THE IION OF THE BIO CLOCK
nil t11 tt 14-41-4444 111 I U 4 11-111 j .



Half Tones--Zinc Etchings

Illustrating and Engraving Department
OF

THE FLORIDA TIMES-UNION
Splendidly equipped for business. Half Tones and Zinc Etchings made to order in the most improved
and artistic fashion. Illustrations for newspapers and all kinds of Commercial Work, Pamphlets, Etc.
A 1 Is i f o pwtt RtMelN mW Emkdt sMb Pkt s m lerm,
In Writing or applying for Prices, Give the Most Explicit Description of What Is
Wanted. Good Work and Prompt Deliveries Promised.

A Florida En terpise Try It.