January 25. 1917 



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Chicago Lumberman s Annual 



The Lumbernieia's Association of Chi- 

 cago held its forty-eighth annual meeting 

 January 15, in the Hed Eoom of the La Salle 

 hotel, with 300 members and guests present 

 at the banquet and the business session 

 which followed. The report of the secre- 

 tary, E. E. Hooper, dealt with the busi- 

 ness of the past year. About one-fourteenth 

 of all the lumber produced in the United 

 States comes to Chicago, either to be ab- 

 sorbed here or to be reshipped to other mar- 

 kets. The city last year consumed 1,656,- 

 332,960 feet and reshipped 1,393,022,000 

 feet. Lumber from all the important wood? 

 of the country finds its way to Chicago. 



The death roll of the past year in- 

 cluded W. E. Barrett of the W. E. Barrett 

 Company, Charles H. Mears of the Mears- 

 Slayton Lumber Company, Peter Eord of 

 the Ward Lumber Company, John Miller of 

 Alger, Smith & Co., O. H. Sample of the O. 

 H. Sample Lumber Company and C. L. Wil- 

 ley. 



Vakious Eepoets Filed 



Reports were made on finances, arbi- 

 tration, and Inspection, and the condition in these departments 

 were satisfactory. 



A. Fletcher Marsh, chairman of the traffic committee, made a 

 report which presented in detail the work done with the Interstate 

 Commerce Commission to improve the conditions under which 

 lumber may be shipped. 



George D. Griffith read the report of the credit bureau of 

 which George G. King is manager. During the year the bureau 

 handled 219 claims, aggregating $10,232, of which $4,404 was 

 collected. 



An address on liability insurance was given by F. L. Brown. 

 Fire risk insurance was discussed by J. S. Kemper, who related 

 insurance history since 1752. 



Frank F. Fish, secretary of the National Hardwood Lumber Asso- 

 ciation, who was present as a guest, informed the meeting that the 

 inspection rules committee of his association will meet in Chicago, 

 March 14, 15, and 16, and under the by-laws, any change desired 

 should be presented in writing at that time. 



HERMAN H. IIKTTLER, 

 PRESIDENT 



The President's Address 

 President H. H. Hettler's address cov- 

 ered the field of the association 's activities', 

 and pointed out the lines along which 

 improvement is desired by all. Closer 

 co-operation was urged, and he expressed 

 the hope that every man would turn his 

 hand energetically to the work before him. 

 He discussed some of the broader matters 

 of the lumber business and in alluding to 

 the interest which the Federal Trade Com- 

 mission has taken in this field, and par- 

 ticularly to fhe work done by Edward N. 

 Hurley, who lately resigned from the 

 Trade Commission, he paid this Chicago 

 man a deserved compliment. Mr. Hurley's 

 interest in perfecting cost finding systems 

 has been valuable to lumbermen as well as 

 business men in general. In closing his 

 address Mr. Hettler pointed to some of the 

 duties that fall to the lot of those in the 

 front. 



One of the most important suggestions 

 in his recommendations referred to cost 

 accounting, as follows: 

 With particular reference to Divisions A, B and C — Take up the question 

 vigorously, analyze, investigate and educate until the sentiment becomes 

 practically unanimous that a uniform system of bookkeeping or cost 

 accounting be established in our various lines, and any additional methods 

 which will result in standardizing our business. It this is brought about, 

 in my judgment the results will be highly satisfactory and will benefit us 

 all from a financial standpoint. 



The nominating committee selected the following candidates for 

 the board of directors: 



Division "A" — E. L. Thornton. Division "B" — William C. Schrleber. 

 Division "C" — F. B. McMuUen. Division "D" — George J. Pope. Division 

 "E" — C. H. Worcester. Division "F" — Edmund A. Allen. Division "G" — 

 A. T. Stewart. 



Committee on Arbitration — V. F. Mashek, H. H. Kreutzer, G. R. Van- 

 geness, W. A. Herbert, C. B. Flinn, George P. Rinn. 



Committee on Appeals — J. W. Embree, George C. Wilce, S. C. Bennett, 

 F. H. Burnaby, J. E. Brantley, Fred Werkmeister. 



These directors will meet in Chicago on January 29 for the 

 jmrpose of electing a president and other officers of the asso- 

 ciation. 



CHICAGO 



CHICAGO LUMBERMEN AT ANNUAL BANQTKT, JANUARY 15 



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