Rensselaer Semi-Weekly Republican, Volume 35, Number 8, Rensselaer, Jasper County, 26 September 1902 — High Prices For Old Stumps. [ARTICLE]

High Prices For Old Stumps.

Old walnut stumps are on . a boom throughout Indiana, Ohio and Pennsylvania. Stumps that have remained unnoticed for years and were regarded as worthless are now eagerly sought at prices that are almost fabulous. An Indiana concern has been traveling over the country buying every walnut stump that can be found. At first the prices paid were small, but as the eyes of the stick-timber folks began to open the price went higher and higher until it is now out of sight, and the funny part of it is that the uglier, knottier and more unsightly the stump the more money it will bring. The stump of a walnut tree that was cut down several years ago brought more than the whole tree. It is stated that the stumps are made into veneering material and used in the manufacturing of high-grade furni ture.