May 10. 102-2 



HARDWOOD RECORD 



47 



With the Trade 



Manley Succeeds to Manley & Boyd 



AuuoulK-fUient was inailc l>y .Tului J. Manley vn May 1 that he hail opened 

 a new uBiee at ii2o Luinlier Kxeliaime buikliug. 11 South La Salle street. 

 Chicago. Ml-. Manley sueeeerts to the tirm o( Manley & Boyd, wholesaler^* 

 of hardwood lumber, which was dissolved a few days prior to the making'^ 

 of this announcement. In his announcement Mr. Manley declared that "it 

 is my purpose, on dissolution of the firm of Jlanley & Boyd, to continue 

 the same high class commission business established by the writer in 1915, 

 representing such firms as Ohas. H. Barnaby. Greencastle, Ind. : Kosse. 

 Shoe & Schleyer Co., Cincinnati. O. : Ferguson Hardwood Lumber Co.. 

 Paducah. Ky." He will specialize in Southern hardwoods, principally 

 poplar, oak and walnut. 



Baird & Boyd Company Organized in Chicago 



The liaird & Boyd Lumber Sales Company has been organized in Chicago, 

 liy D. \V. Baird and R. W. Boyd, to operate a commission sales company, 

 handling a general line of lumber, principally hardwoods, and specializing 

 in poplar and red cypress. Mr. Baird was formerly of the D. W. Baird Lum- 

 ber Company and Mr. Boyd was formerly a partner in the Chicago firm of 

 Manley •.<: Boyd. Both members of the new lii-m are men of long experience 

 in the hardwood lumber held and have a wide and substantial acyuaintance 

 among the manufacturers and consumers of hardwoods in both the South 

 and Middle West. The following will be the company's sales representa- 

 tives ; Vilas Iiaugherty, Detroit, Mich. : T. W. Stuart, Philadelphia : 

 Charles E. Daley. Danbury. Conn., and C. H. Lindahl in the Chicago terri- 

 tory. 



Wisconsin-Michigan Lumber Co. Starts Mill 



The Wisconsin-Michigan Lumber Company of Eagle River, Wis., manu- 

 facturers of hemlock and hardwood lumber, has recently resumed operation 

 of its sawmill, according to announcement by F. W. Long, sales manager, 

 and expects to operate at least eleven months out of the year. The mill 

 has enough reserve of timber to run for twenty-five to thirty years. 



The company is now installing machinery in its planing and box plant 

 and when it has been installed will be able to till any orders for northern 

 stock calling for milhvork that might be required in the ordinar.v consum- 

 ing market. 



Speaking of the market Mr. Long said that his company "feels some- 

 what optimistic for the reason that the building situation is now taking 

 on considerable activit.v and it will be only a question of time until it 

 reaches the harilwood end of the Ivimber business. '- 



Export Movement Fairly Well Sustained 



The exports of lumber and )<igs from Baltimore tor February, the last 

 month for which complete figures are obtainable, show that the movement 

 has kept up fairly well but that no important expansion has yet taken 

 place in the business. The declared value of the February shipments is 

 put at .$140,(i.-jl. against .1:124. till4 for the corresponding month of lasr 

 year. This would suggest some improvement, but the fact must not be 

 lost sight of that some previous months show up far better. The total for 

 January, for instance, was $104.2.S0. while that for December was $2.57,.370, 

 with earlier periods of the year before still more active. Of course, allow- 

 ance should be made for the decline in values that has taken place and 

 that seems still to be in-progress. The 213.000 feet of oak boards shipped 

 last February, for instance, were valued at .$15,632 only, while the 204.000 

 feet forwarded in Februarj-, 1921, are down at $2.8.742, which is a con- 

 siderable gain. As a matter of fact, poplar boards brought more than oak, 

 the 179.000 feet with which last February is credited being down for .$19,- 

 746. Other items on the list of interest to the hardwood trade were : 

 Hardwood logs. 2,058 cubic feet, valued at $4,787 ; chestnut board, 16,000 

 feet. .S.890 ; other hardwood boards. 27.000 feet. $1.722 : staves. 10.1.")2. 

 $4,000 : boat oars, $120 ; implement handles 392.482, $22,845, and "other 

 manufactures of wood." $."i9.184. 



Receiver Asked for Cabinet Company 

 Harry C. McDonald. Elmer Steiuberger. Clai-ence I!. Reedy and Charles 

 Bachus. all of Seymour. Ind.. have filed a petition in bankruptcy in the 

 Federal court here against the Seymour Cabinet Company of that city. 

 Their claims aggregate $644.12. The petition sets forth that the company 

 committed an act of bankruptcy .\pril 1 I>y permitting judgment for 

 $611.27 to be entered against it in the .Tackson circuit court by the 

 Frank A. Conkling Company. 



Indiana Kitchen Cabinet Manufacturers Ask for Lower Rates 



Indi.-ma priHliices eighty per cent of the kitcben ial)inets in the country, 

 it is said, and Indiana manufacturers of this article have complained to 

 the Indiana Public Service Commission concerning freight rates on cabinets. 

 The director of the commission's interstate rate bureau has filed with the 

 Interstate Commerce Commission a petition for lower rates on cabinets. 

 The iietition asks that the present rate of one and one-half times first class 

 rate in the official classification be reduced to the first class rate, as obtains 

 in the western classificati<in. Rates in the offi<-ial and southern classifica- 

 tion on (-abinets are said to be fifty per cent higher than in the western 

 classitication. 



Gadd Becomes -t^C 



General Manager 

 of New Virginia 

 Hardwood Com- 

 pany 



Frank K. <jadd. man- 

 of statistics for the 

 American Hardwood 

 Manufacturers' Asso- 

 ciation, has resigned 

 that position to be- 

 come general manager 

 of the Clinch Valley 

 Lumber Company at 

 Fort Blackburn. Va., 

 according to an- 

 nouncement made in 

 Memphis. May 6. Mr. 

 tladd will take up liis 

 new duties on ilay 12. 



The Clinch Valley 

 Lumber Company is a 

 new firm organized by 

 a group tif men headed 

 by I., e o n Isaacsen. 

 head of the huge Yel- 

 low Poplar Lumber 

 Company. The new- 

 plant of the new com- 

 pany at Fort Black- 

 burn is located at the 

 headwaters of the 

 Clinch ri ver and it 

 will cut the timber from a trait 

 poplar and oak. 



Mr. Gadd is one of the outstanding figures in the hardwouil lumber 

 industry. He has served the .American Hardwood Manufacturers' Asso- 



IIJ>->-i*=52^g^i-»-«i: 



:«+♦ 



Leon Isaacsen, President of the New Clinch 

 Valley Lumber Co. 



outaining about l.-iO.OMll.lldO feet of 



ciation as statistical 

 manager ever since 

 that organization and 

 the old Hardwood 

 Manufacturers' Asso- 

 ciation were merged. 

 I'p to the time the 

 open competition ac- 

 tivities of the associa- 

 tion were enjoined b.v 

 the Federal courts Mr. 

 Gadd conducted the 

 statistical work of the 

 association brilliantly, 

 bis work contributing 

 largely to the rapid 

 growth of the associa- 

 tion. Since that time 

 he has devoted his en- 

 ergies largely to in- 

 come and excess profits 

 laxatifui and other 

 subjects of vital inter- 

 est to the industry. 



From March 1, 1917, 

 to the date of the 

 niei-ger of the two or- 

 ganizations, Mr. Gadd 

 was assistant to the 

 president of the Hard- 

 wood Manufacturers' 

 .\ssocia t ion . For 

 twenty years prior to 

 bis connection with 

 •r. he was identified with the International Harvester Company 

 Wisconsin Lumber Company, serving the latter as vice-president, 

 idd is one of the deepest students of Uiniber and other economics 

 iimlry ami enjoys an unequaled reputation in this capacity. 



Frank R. Gadd, General Manager of New Company 

 Formed by Mr. Isaacsen 



the latti 



and the 



Mr. G 



ilL the c. 



