Kansas Lumbermen Buy the Eagle Mill and Bet on Newport

During the past week a deal has been concluded which has been pending for some time and which means much for the industrial welfare of Newport.

Moeser Bros., of Topeka, Kansas, have purchased all the property and interests of the Eagle Lumber Co., and will take immediate possession of the same.

The Eagle property is located just south of the Great Northern depot in this city. It consists of a saw mill with a capacity of 40,000 feet per day, five or six acres of ground, a considerable quantity of lumber piled in the yards and some saw logs on hand.

One of the Moesers, William C., has been associated with Newport business interests for some time as a member of the Moeser-Terry Co., wholesale and retail dealers in lumber. He owns considerable property in this city and the valley, is a stockholder in both of our banks and first vice president and director of the Security State Bank. He recently moved his family from Topeka to Spokane and soon expects to make Newport their home. Associated with him in the deal is his brother C. P. Moeser, who has visited this city several times.

While the plans of the company have not been given out it is understood that the mill will be enlarged, a planing mill erected and timber holdings acquired to give the mill a lengthy run. The Eagle has not been in operation much of the time the past year and the news that it has come into the hands of these active business men will be welcomed by the people of the town. Those who know something of the transaction say it is one of the best deals for the town that has been announced in some time.