HARDWOOD RECORD 



J.ake City. 51; St. Paul, 86: Syracuse, 15; Wor- 

 cester. 39. The indications are that hence- 

 forth an increase in building operations may 

 be expected, and. current therewith, a grad- 

 ual increase in the price of building material. 

 Parties who contemplate the erection of build- 

 ings of any sort whatever will profit to the 

 extent of from ten to twenty per cent, by taking 

 advantage of the present low prices and start- 

 ing operations at once. 



September. Soptember, 



1908, 1907, Per cent, 



Cliv. coat. cost. gain. loss. 



naltliuore $ 494,195 $ 824,215 ... 4" 



Blrmlngbom 243,245 102,210 137 



Buffalo 644,000 688,000 ... ': 



Chicago .'..147,350 5,523,605 >i 



Cleveland 1,332,122 874,165 52 



Cincinnati 456,245 417,169 9 



Columbus 322,925 358,165 " 



Dallas 187,652 207,250 . . :■ 



Denver 1,006,625 472,230 113 



D»trolt 1,193,150 1,191,500 1 



Dulutb 294,922 308,408 4 



Grand Rapids .... 132,228 237,325 . . 41 



Hartford 1,377,765 1.570,120 i:: 



Indianapolis 513,236 453.659 1.3 



Kansas City 1,357,910 022.497 47 



t«ulsvllle 255,315 184,089 .'58 



Los Angeles 849.703 1.116.901 .. 2:; 



Manchester 25.145 58.810 . . .'.T 



MUwankee 910.315 580,434 56 



Minneapolis 861,200 753,770 14 



Memphis 303.685 280.276 



Mobile 50,585 41,100 23 



Nashville 107,183 131,483 IS 



New Haven 255.120 183.115 30 . 



Newark 710.459 026.085 13 



New Orleans 185.151 163.892 12 . 



Manhattan 5.031.076 5.265,905 . . 4 



Brooklvn 4.837,623 3,783.690 27 



Bronx 1.971.275 1.292,369 .'.2 



New York 11,839,874 10,341.904 14 



Omaha 473.800 396.155 in 



Paterson 182.259 00.465 201 



Pittsburg 1.180,177 1.134.632 4 



Portland. Ore 972,355 i)43,.10O 4 



Rochester 523,248 476,525 10 



San Antonio 162,495 245.240 . . .Tl 



Scranton 113,058 114.209 1 



Seattle 1,104.631 1.206.874 .S 



Salt Lake City... 317.000 209.00O .ll 



South Bend 82.a')0 72,900 12 



Spokane 495.380 416.610 18 



St. Louis 1.483.016 1.966.050 2:1 



St. Paul 766.892 410.512 86 



Syracuse 418.305 245.207 75 



Toledo 204.955 ffi5.135 30 



Worcester 182.238 130.300 39 



Total »39.719.944 »36.0nfi.457 7 



New Eule Manufacturing Company. 



The American Uiile ManiifactiirinB ('(impnny 

 Is a new organization at Nashville. Tonn.. which 

 succeeds the B. & M. Knie Company. 



The head of the new company is K. R. Wink- 

 ler of Nashville and associated with him iii-c 

 Thomas R. Thornberiy of Nashville and .1. W. 

 Winkler of Springfield. Tenn. Its offices are 

 located In the First National Bank building of 

 Nashville, and the plant at 1.S08 Church street. 



While they make a fnll line of lumber rules, 

 ilieh- specialty Is the "Ideal." This rule l:i 

 made exclusively of the butt cuts of second- 

 qrowlb hickory and has an oil tempered tool 

 steel head. The stall Is so tough and pliable 

 that the rule can be bent into a knot without 

 injuring ll. The scale on the rule is done by a 

 patent process which In no way injures the fiber 

 of the wood as it does when the figures are 

 binned Into It. The wood Is chemically treated 

 .so as to cause it to retain Its tuugbness and 

 elasticity for years. It Is also guaranteed by 

 the makers to be superior to any lumber rule 

 ever before produ'-ed. 



The company also makes a folding rule which 

 folds in the center and can be conveniently car- 

 ried In n valise. This Is for the special con- 



venience of ti-avellnp inspectors. The fold Is 

 accomplished by a patent hinge and when the 

 rule is straightened out It locks and forms an 

 excellent and convenient device. They also make 

 logging rules, and are at all times prepared to 

 make any special rule to order. 



The company's plant has been completely 

 overhauled since it assumed control, new ma- 



r.. It. WINKI.KIt. NASIIVII.I.l". TKNN. 



chlnery added and they are now making plans 

 to cover the entire lumber field of the country 

 with its new product. Catalogue and price list 

 can be secured by any liiinbernian on appllin 



New Veneer Plant. 



The Krost Veneer & Seating Comimiiy. wlilcli 

 recently lost lt.s veneer plant. Is actively en- 

 gaged In the erection of a new and modem 

 factory at Antlgo. Wis. They expect to have 

 the plant completed about December I. The 

 company Is sparing no expense In making a 

 model Institution. They have purchased the 

 most Improved and latest tools fo:- every de- 

 partment. The buildings of the institution are 

 all one-story in height and cover a total space 

 cf 'JS.IOO feet. They are building entirely on 

 concrete foundations and of scml-flreprobf con- 

 struction, having concrete Are walls at fre- 

 quent Intervals. The boiler and engine rooms 

 lire of complete concrete construction. 



Beorganlzed Lumber Company. 



I'lu- Ki-;|py Lumber Company Is the name of 

 a SJIiO.Ono corporation Just organized at 

 Traverse City. Mich. It succeeds the bank- 

 rupt Kelley Lumber & Shingle Company. The 

 new concern takes over all the assets of the 

 old company from Jerry Sullivan, the receiver, 

 and win operate the mills near Traverse City 

 and at Frankfort, nnd also will carry on a big 



lumber yard at Grand Rapids. The officers of 

 the new company are ; David Wolf, Grand 

 Rapids, president: Gus Kitzinger, Manistee, 

 vice-president; Robert Duncan, treasurer, and 

 George F. Becker, secretary. 



«- 



IDKAl. BOAKP III 



Chicago Hardwood Man in Trouble. 



W. A. Davis, with offices in the Marquette 

 linilding. who has been trading in this market In 

 his own name for some years, has sent the fol- 

 lowing letter to his creditors : 



"It is with extreme regret that I beg to call 



your attention to the fact that I think best not 



to try to continue business anv longer. Now, this 



action on my part has been brought on through 



various conditions, namely, through the failure 



of some of my customers, who have caught me 



\ ry heavy, and a heavy loss by fire. My assets 



1 I consider good will amount to about $20.- 



■ The liabilities are about JG-l.tlOO. You can 



\ readily see from the above estimate that 1 



|)ay about 30 cents on the dollar to each 



I every one of the creditors, and for your 

 I information I beg to say that the assets 



III such a condition that I could agree to pay 

 IV one of the creditors at 27 cents on the 

 .;ii- In sixty days. In full of their claims. 



II Is. of course, without any more cost being 

 l.d to the liabilities. 



If this is taken Into the Imnds of a receiver. 

 vlll. In all probability, take them at least six 



tiths to a year to wlud up the affairs of this 

 Musiiiesa. and at a great cost to the creditors. 



■Awaiting your advice In this matter in which 

 you are interested, I am. yours very truly, 



"W. A. Davis." 



Within the last day or two at the Instance of 

 Mr. riavls and some of his creditors, the Luni 

 l..'nnen's Credit Association of this city has 

 .ilTered to take over Mr. Davis' affairs and 

 straighten them out in the best way possible. 

 If this proffer is accepted. It will probably lie 

 the very Iiest thing the creditors can do. it 

 will spcnre them fair treatment and a realization 

 on cverv dollar of the assets. William Clancy, 

 president and triasurer of the Lumbermen's 

 Credit Association, has sent out the following 

 letter to Mr. Davis' creditors: 



With his approval we write you with refer- 

 ence to the financial condition of W. A. Davis, 

 n wholesale lumbeiman of this city. 



Mr. Davis has been operating here for quite 

 a while, and has made money, but has had some 

 "hard knocks." as he terms It. during the past 

 few months, which have caused bim to suspend 

 business ent'.nlv .\mi.iij these losses are sched- 

 uled two of .<;•" ll iii.l third amounting to 



npproxlmiit •!> ^ ■ ll hilms those Items do 



same hav.' i i ; TkiiiR capital to such 



an extent :h ■ !- ' iin" ^slWe to gn further, 

 so be has de. iii.-.l i.i .Icise up and settle with 

 creditors, cither on a compromise basis of about 

 2.-1 per cent, or will make such other arrange- 

 ments as may seem iiosslble to keep him out of 

 bankruptcy and enable him to fully discharge his 

 'indebtedness. 



Following Is a copy of the statement, which 

 he submits to us. purporting lo show his present 

 financial condition : 



ASSP.T.S. 



flood notes on hand $ l.OI,"!.!.-! 



Office fixtures lOn.Oii 



Lnmber on hand 1 ..'iOn.Oi) 



200 acres tract land 400.00 



Accounts receivable, less contingencies. 1G.661.14 



Total assets $19,676.30 



LIABILITIES. 



Notes payable I Including banks. 



$7.,^.0ni »46..ini.34 



F.tr merchandise due open accouDt... 18.348.02 



Total liBhllllles $64,840.46 



The foregoing speaks for Itself. We have 

 looked over his list of accounts outstanding nnd 

 believe they arc mainly good. The value of the 

 other assets listed may shrink some in process 

 of realization, and the showing Itself would 

 sexm to Indicate the advisability of having all 

 creditors Join together to effect a aelllement with 

 the least possible delay and expense. If bank 

 ruptcy priircedings ensue the estate can hardly 

 pay very much, and we believe It would be to 

 vour Inlereat financially and otherwise for you 

 lo give us power of attorney to look after your 

 claim, as we already represent others, and with a 

 inaJorll\ of the claims and the codi>eratlon of 

 Mr. Davis we can, without doubt, take charge 

 of the matter ourselves nnd close It up satlsfac 

 torily without any great loss of time or amount 

 of expense to you and the other creditors In 

 general. 



Thanking you In advance fir j-our favorable 

 consideration and hoping to '-ear from you In 

 this connection by return moll, we are. 

 Yours very truly, 



BKDiT Association 



