HARDWOOD RECORD 



31 



sold to Col. H. C. Trexler between 9,000 and 

 10,000 acres of timber land located at Hickory 

 Run, Luzerne county. The consideration was 

 $20,000. 



On April 13 a petition was filed to have the 

 Phoenix Woodworking Company of Phoenixrllle. 

 Pa., adjudged an involuntary bankrupt. The 

 petitioning creditors are Justice P. Taylor & 

 Co., $1.439.10 ; F. W. Unkel Lumber Company, 

 $396.86, and William Whitmer & Sons, Inc., 

 $329.10. 



The American Timber & Lumber Company of 

 Philadelphia obtained a charter on April 8, 

 under Delaware state laws : capitalization, $125,- 

 000. Incorporators are John T. Flournoy, New- 

 ark, N. J. : C. F. Thomas, Wilmington, Del., and 

 Leon P. Thomas. Philadelphia. The personnel 

 of the company is not generally known to local 

 trade. 



Among tbe recent visitors to the local trade 

 were E. E. Wheeler, Wheeler Lumber Company, 

 Glady, W. Va. : F. W. Lawrence, Boston. Mass. ; 

 E. H. Stouer and Harry C. Bemis of Pittsburg, 

 Pa. ; Joseph C. Campbell, Marion, Va. : H. K. 

 Eutsler, St. Paul, Va. ; W. W. Dempsey, Johns- 

 town, Pa. ; Robert G. Patterson, Hot Springs, 

 X. C. : W. W. Welch, New York City ; H. L. 

 Graham, president Stuart Lumber Company, 

 Brinson, Ga. ; W. T. Latham, Buckhannon, W. 

 Va., and C. L. Strauss of Jackson Lumber Com- 

 pany, Lockhart, Ala. 



It Is stated that John Coleman of Wllliams- 

 port. Pa., is enlarging his plant to permit the 

 manufacture of 2,.')00,000 feet of match blocks 

 a year, the output requiring 3.500,000 feet of 

 lumber. The extension Is being erected to sup- 

 ply a contract for match blocks, 1,000,000 feet 

 of which will be exported to Liverpool, England : 

 the remainder will be shipped to Barberton, O. 



Baltiinore. 



The managing committee of the Baltimore 

 Lumber Exchange had before it at the monthly 

 meeting on April 6 the report of the special 

 committee named in connection with the recent 

 inspection conference. In order to determine 

 upon a future course of procedure the members 

 of the committee met In the office of Price & 

 Heald on April 13. It was agreed to notify 

 J. D. Crary, secretary of the New York Lumber 

 Trade Association, who acted as secretary of 

 the New York conference, in response to his 

 letter Inquiring what the Baltimore hardwood 

 men were disposed to do and to Indicate who 

 was going to the Chicago conference, that in the 

 opinion of the committee here it might be well 

 to ascertain whether or not the National Hard- 

 wood Lumber Association's committee was still 

 willing to keep up the negotiations In view of 

 the action taken at Philadelphia, and whether 

 the prospects of an agreement were reasonably 

 good. While the Baltlmoreans are willing to 

 work with the representatives of other cities and 

 will go to Chicago if it Is deemed necessary, 

 they prefer to lay the ultimatum before the 

 National Hardwood Association at the annual 

 meeting In Milwaukee unless the committee 

 evinces an Inclination to meet the eastern rep- 

 . rcsentatives. 



The failure of the East Coast Lumber Com- 

 pany and of B. E. CogblU, its president, is re- 

 ported from Boydton, Va., receivers having been 

 appointed on April 11. Those for the corporation 

 as such arc John A. Lamb and P. H. C. Cabell, 

 those for Mr. Cogblli Individually are H. S. 

 Fulton and Henry R. Miller. They are bonded 

 In the sum of $50,000 each. Mr. Cogblli has 

 been operating in Mecklenburg county and other 

 places in that part of the state for a number of 

 years and was regarded as wealthy. He also 

 attained much political prominence, having been 

 county treasurer. The failure has also carried 

 down the Bank of Mecklenburg, the cashier, 

 E. W. Overby, having, according to his own con- 

 fession, allowed Mr. CogblU to overdraw his 

 accounts to the extent of more than $100,000. 

 This, It appears, was done without the knowledge 

 of the president and directors, the cashier say- 



ing that it was an act of kindness and that he 

 did not benefit in any way. An investigation by 

 the board of directors of the affairs of the bank 

 discloses a shortage of over $125,000. Overby 

 has been released on $50,000 bail. It is thought 

 that the depositors of the bank will get from 50 

 to 75 cents on the dollar. Receivers have been 

 appointed for the institution also. 



Advices received here from abroad are of a 

 decidedly discouraging nature and constitute an 

 impressive warnlug against the shipping of stocks 

 on consignment. In a letter to a Baltimore firm 

 of exporters specific instances are given of the 

 heavy losses sustained by such shippers. Thus 

 a lot. of oak planks from two to three inches 

 thick was sold at Liverpool for about $21 per 

 thousand feet, while another lot brought about 

 $23.50. This, as the recipient of the letter ex- 

 pressed it. Is less than the oak is worth standing 

 in the woods in the tree, and must prove ruinous 

 to anyone who incurs such losses. The prices 

 mentioned were ex quay, which means that the 

 cost of transportation and of putting on dock 

 and the interest charges must come out of the 

 amount realized. 



G. W. Eisenhauer and Daniel MacLea, who 

 compose the Eisenhauer-MacLea Company of this 

 city, dealers in hardwoods, have sold their stock 

 in the J. S. Coleman Lumber Company, which 

 operates a sawmill In the Asheville, N. C. sec- 

 tion. The purchaser was A. F. Sprinkles of 

 Asheville. Governor Smith of New York has 

 also disposed of his shares. Messrs. Eisenhauer 

 and MacLea now have no lumber Interests out- 

 side of the company here. The former has been 

 at Asheville for several weeks and it was dur- 

 ing his stay there that the deal was consum- 

 mated. He has been taking a rest from business 

 cares and has found his sojourn in the North 

 Carolina mountains very beneficial. 



John H. Burrell of the Liverpool firm of John 

 H. Burrell & Co. stopped In Baltimore for several 

 days on his journey over a large part of the 

 United States and called on various firms here. 

 He gave a rather discouraging report of the 

 situation abroad, saying that conditions were 

 worse than they had been for years. Prices, he 

 declared, were demoralized, and the large stocks 

 at different points served to prevent recovery. 

 Mr. Burrell laid much stress upon the bad ef- 

 fects of shipping luml>er on consignment. From 

 here Mr. Burrell went to Norfolk and thence to 

 Knoxville, Bristol and Memphis. Tenn. His 

 itinerary after that included Mobile, Ala., and 

 .New Orleans. It is his first visit to the United 

 States in twenty-five years. 



S. S. Mann of Mann & Parker, West Falls 

 avenue, Baltimore. Is back from Robblns Neck, 

 S. C. where his firm erected a mill, which has 

 just been put In operation. For the present the 

 plant win not be run to the limit of its ca- 

 pacity. 



R. P. Baer of R. P. Baer & Co., Keyser build- 

 ing, is back at his office after several weeks 

 spent In western North Carolina, where he called 

 on a number of the mlllmen and noted trade con- 

 ditions generall}'. He found many of the plants 

 shut down, stocks of lumber as a rule light, the 

 market far from buoyaut and prices depressed. 



Pittsburg. 



The Flint, Erving & Stoner Company is hav- 

 ing a good run In the spruce trade, this wood 

 leading In their sales this month. The com- 

 pany's operations at Dunlevie, W. Va., are going 

 ahead rapidly and It will increase the cut as the 

 market demand.?. 



The Jones & Laughlln Steel Company has con- 

 tracted with the McClure Timber Company for 

 the building of fifty barges to be used in its 

 coal trade on the Monongahela and Ohio rivers. 

 The boats are being built in lower Allegheny, 

 and a large amount of timber Is used In their 

 construction. 



J. L. Lytle, president of the J. L. Lytle Lum- 

 ber Company, feels fine since his return from a 

 short trip to Virginia. While there he made 

 some new hardwood connections, which will put 



the concern in even better shape to supply the 

 market with poplar. 



The personnel of the Meed & Spear Company 

 has been changed by C. L. Snodgrass withdraw- 

 ing to take a position with the Forest Lumber 

 Company of Pittsburg. Mr. Snodgrass had been 

 in the employ of the Meed & Spear Company 

 about eight years and is well known throughout 

 this district. As vice-president the Meed & 

 Spear Company has secured L. C. Thompson of 

 the Auburn Lumber Company of Auburn, N. Y., 

 who is one of the best-posted hardwood men in 

 the state. He will bring to the company strong 

 acquaintance and exceptionally good knowledge 

 of hardwood conditions in the East. 



H. H. Haines, vice-president of the North 

 Hampton Traction Company of eastern Penn- 

 sylvania, with other capitalists has bought 

 about 1,000 acres of wood land on the south 

 side of the Blue Ridge, this being the largest 

 tract in that part of the state. The buyers will 

 at once cut the timber for railroad ties and 

 telegraph and telephone poles. 



The Clay-Shoppe Lumber Company is getting 

 along nicely with its new operation in southern 

 Pennsylvania near the Maryland line, and by 

 May 1 will have at least four portable mills 

 working there. Vice-president McGibbeny ot 

 the company is making a hurried trip through 

 the East and is lining up some nice trade. 



W. P. Craig, manager of the local oV4ce of 

 Wm. Whitmer & Sons of Philadelphia, spent 

 a .few days last week in Richmond and vicin- 

 ity and found conditions there but little 

 better than in Pittsburg. The company's re- 

 ports show that the spruce trade was quite 

 active this month, especially in box lumber. 



H. T. Newell, president of the Newell Bros. 

 Lumber Company, reports that its mill in West 

 Virginia is running steadily. It has an accumu- 

 lation of dry stock there for special orders and 

 finds this an advantage in landing good busi- 

 ness. 



Manager S. A. Seaman of the C. P. Caughey 

 Lumber Company reports business a little better 

 than In March. . The local yards are doing a 

 hand-to-mouth business in buying. Manufactur- 

 ing business is more promising, but due to 

 the coal strike there Is little inquiry for mine 

 stock. 



The Acorn Lumber Company Is feeling good 

 over an order tor nearly 100,000 feet, mostly 

 hardwood, which it took for delivery along the 

 lake. President H. F. Domboff has been quite 

 successful in building up lake trade, as well as 

 getting into the manufacturing towns of central 

 and southern Ohio. 



The Central Pennsylvania Lumber Company, 

 .whose mill near Wiliiamsport is said to be the 

 largest and best equipped plant in Pennsylvania, 

 has elected oflicers as follows : President, Frank 

 W. Simmons ; first vice-president, C. B. Farr ; 

 second vice-president, B. G. Brownell ; secretary, 

 A. W. Mallenson, and treasurer, Rosser Thomas. 



In Pittsburg lumber circles the death of Rob- 

 ert Jenkins, Jr., president of the Vigilant Lum- 

 ber Company, is deeply regretted. Mr. Jenkins 

 died at his residence April 2, after having been 

 111 about six months. He was a well-known 

 Pittsburg lumber and coal dealer, having for- 

 merly been a member of the coal firm of T. M. 

 Jenkins & Co. In 1900 he was largely instru- 

 mental in organizing the West Virginia Lumber 

 Company, from which he withdrew in May of 

 1907 along with Charles J. Cappler and George 

 E. Bartlett, two former members of the Vigilant 

 Lumber Company. 



The L. L. Satler and Interior Lumber Com- 

 panies are now nicely quartered in the new 

 Keenan skyscraper at Liberty avenue and Sev- 

 enth street. 



The Cosmopolitan Coal and Coke Company, 

 which lately bought 11,000 acres of coal land 

 In Braxton and Gilmer counties. West Virginia, 

 Is letting contracts for 100 or more houses and 

 100 coke ovens. Its investments for these Im- 

 provements will be at least $100,000. 



The Cheat River Lumber Company has been 

 thrown Into bankruptcy by a petition filed by 



