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Northrop, E. B.; Chittenden, H. A., Jr. (ed.) / The Wisconsin lumberman, devoted to the lumbering interests of the northwest
(August, 1874)

A prospective view of the trade. The condition of the trade in the immediate future--overproduction--retrospective view--fair products for the fall trade,   pp. 494-497 PDF (1.5 MB)

Page 494

494                  The Wisconsin
wood rubbing upon wood, oil, grease
or blacklead, properly applied, re-
duces the friction two-thirds. Lard,
oil, tallow, soap, blacklead, French
chalk, and combinations of these
substances, are used in different
Anstifriction Greaee.-1. One part of
fine blacklead, ground perfectly
smooth, with 4 parts of lard. 2. Dis-
solve about 50 lbs. of soda in 3 or 4
gallons of boiling water, then melt
in a copper about 1 i cwt. of tallow
or palm oil; after it has cooled a
little, pour in gradually the soda.
stirring it all the while till it cools.
3. For cooling necks of shafts,which
may occasionally be found useful
where the shafts are not of a proper
length, or the bearings faulty; 16 lbs.
tallow, dissolved in a vessel; 2 i lbs.
white sugar of lead. When the tallow
is melted, bat not boiling, put in the
sugar of lead and let it dissolve.
* Then put in 3 lbs. of black antimony.
Keep stirring the whole mass till
Lubricating Composition for Heavy
Axles.-In a small boiler dissolve
from 56 lbs. to 60 lbs. of soda in
about 3 gallons of water. in a 60
gallonboiler, melt tallow, and to it
add lard oil, each in quantity, accord-
ing to season. In summer weather,
tallow 1 cwt. 3 qrs.; lard oil 1 cwt. 1
qr, In winter, tallow 1 cwt. 1 qr.;
lard oil, 1 cwt. 3 qrs. In spring or
autumn, tallow, 1 cwt 2 qrs.; lard oil,
1 cwt, 2 qrs. As soon as the mixture
boils, put on the fire, and let the mix-
ture cool down gradually, frequently
stirring it while cooling. When ie-
duced to blood heat,runit off through
a sieve into the solution of soda,
stirring it well, to ensure a perfect
mixture of the ingredients.
Anti-attrition Paste.-Lard, 2 i
lbs.' camnphor, 1 oz.; blacklead, jilb.
rub the camphor in a mortar down
into a paste, with a little of the lard
then add the rest of the lard, and
the black-lead, and mix thoroughly
The Condition of the Trade in the Immediate
Future -Overproduction - Retrospective
View-Fair Products for the Fall Trade.
What is to be the condition of the
lumber trade in the immediate future,
is a problem, the solution of which
would be very acceptable just now.
While it is a question concerning
which there is considerable diflerence.
of opinion among manipulators, its
final adjustment will be a matter de-
pending almost entirely upon them.
Really, the panic of last fall had little
to do with creating the present de-
pressed condition of this great trade.
It is time to look facts squarely in
the face and acknowledge that the
present situation is more the result
of a steady growth of the habit of
overdoing everything among us, un-
til the cause may be summed up now
in one simple word-overproduction.
Too much lumber is being made to
be sold at remunerative prices. A
retrospective glance at the trade of
this city during the past twenty
years, from the time of the first over-
stock of lumber noticable, may enable
us to draw therefrom some pertinent
conclusions regarding the future.
In 1853 the lumber market of Chi-
cago was a very small affair. There
were then no railroads making it a
large part of their business to carry
lumber. Milwaukee and this city
were then about on a par as markets.
Trade was almost entirely local. Com-
mon lumber then sold for $7 per M.
Times were hard, a fact attributable
to a failure in the crops of the north-
west, particularly in wheat. The ex-
tension of the Illinois Central Rail-
road about 1854, permitting rail ship-
ments to the interior, caused an
advance to $14 in 1855. It continued
to improve until 1857, current price
being about $15; very little lumber
twas then sold by cargo. The business
;was done more by manufacturers
I without the aid of the commission
.dealers. Then came the great pan i
hil! '
. I

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