38 



HARDWOOD RECORD 



Car 



104.4,')'.'.0!):J 



Tii.ini.nno 



Insti'iimciits. miisical r.K.sio.ririO 



nalrymeii's, poultcrors' and apiarisls' snpiilli's. . . . ;!!i.(l4ri,()(P0 



Ship and boat IniildInK M",TOO."iim 



Vohiclcs and vphkle parts :!0.«:{:i.l()O 



Agricultural iinplonK-nts 28,0.'jri.(i00 



Hoot and shoo Undines 



Chairs 



I<"lxture.s 



Instrumpnts, professional and 

 Caskets and coflins 



li.XS-J.DOO 



i,(ii2.:i(M) 



lO.Sll.SOII 

 IS.Kil.ODI) 



Baskets and fruit packages 18.007.2D0 



Excelsior 14.«07,000 



Refrigerators and kitchen cabinets 12,268,700 



Tanks and silos 11.a32.i).")0 



Cigar boxes 10,115, SoO 104.04 



41.04 



2S.:i2 



4.-1.07 

 2S.().-| 

 41.10 



4;{.n.-. 

 :ii.20 



2,">.(I4 



:!8.4:i 

 4!).:i7 



:!7.!>1 



.■!:!.i:! 



18.!51 

 10.87 

 .•52.14 



;w.o:i 



Pumps 



Woodenwan' and nnvc 

 I'^ranies and moulding. 



Handles 



Laundry appliances . . 



Machinery and apparatus, olcetri 



Xrachine construction 



Sporting and athletic goods 



Trunks and valises 



I'atti'rns and flasks 



Toys 



Clocks 



Elevators 



Whips, canes, umbrellas sticks 

 Plumbers' woodwork 



0„804,800 

 S,S04,000 

 7,514,450 

 6,474,970 

 .'i,201,:)40 



4.0(l2,8i;il 

 4, .-..-..".. 0(11 1 



4.2:111.111(1 

 :!,.-i:!6,ooo 



3,.'i88,:W0 



2.or,:;,L'(p(i 

 2,237,000 

 1.787,000 



Printing material 



Rollers (shade and map) . . . 



Brushes, and brooms 



Shuttles, spools and bobbins 

 Pulle.vs and conveyors 



Dowels 



Gates and fencing 



Signs and supplies. ... 



Eirearms 



Equipment. i)laysround 



Aeroplanes 



Miscellaneous 



062,000 

 823,000 



753,000 

 725,500 

 509,500 

 370,000 

 250,000 



31,400 

 30,700.300 



.1.754.510,217 



28.03 

 20.04 

 44.74 

 20.52 

 30.46 



20.10 

 34.37 

 61.04 

 33.21 

 40.43 



27.36 

 31.93 

 31.06 

 28.33 

 37.34 



37.76 

 35.88 

 24.40 

 21.02 

 46.45 



34.38 

 26.83 

 28.11 

 68.65 

 36.28 



30.83 

 29.80 



$.30.75 



There is a great deal of material in the report well worth close 

 study. No summary in a brief review- can do it justice. The 

 original forests of New York were among the finest in the world, 

 but like those of most other states they were used or destroyed 

 wathout much thought of the future. In recent years the people 

 of the state have been brought to a realization of the mistakes 

 of the past, and they have gone to work to ]irovide such remedies 

 as appear practicable. New York has spent and is spending more 

 money than any other state in planting denuded land, buying 

 waste tracts, and protecting remaining forests against fire and 

 vandals. The undertaking is an enormous one, but it is being 

 approached in the right way. The state is supporting a high-class 

 forest school at Syracuse and is preparing men to take charge 

 of the ever-increasing forestry work on the lands belonging to 

 the state as well as on areas privately owned. The high-class 

 service that is being rendered by these men is shown, in part, by 

 the report just published which, as stated above, is a cooperative 

 work between the United States Forest Service and the state of 

 New York. It is the most comprehensive state wood-using report 

 yet issued, embracing 214 pages, and covering the subject his- 

 torically as well as with statistics. 



Wood to the amount of 1,7.50,000,000 feet is yearly demanded 

 by manufacturers in the state. This comes from the four quarters 

 of the earth. About one-third of it is cut in the forests of the 

 state, and it may be expected that the quantity of state grown 

 timber will increase rather than diminish from now on. Depletion 

 and destruction of the forests have passed their lowest point. 



I'lanti'd lots ami protected forests will gradually increase tlicii 

 yield until the state shall have little need of outside supplies. 



The whole utilization of wood in New York is not shown in llie 

 total 1,7.'J4,.519,217 feet given in the foregoing table. To tins 

 should be added ])ulpwood, cooperage, veneers and wood distilla- 

 tion which consumes at least 1,000,000,000 feet annually in New 

 York, This would raise the total annual consumption of wood 

 by manufacturers to not much below 3,000,000,000 feet. It is 

 estimated that when from 12,000,000 to 14,000,000 acres of land 

 in the state, which is better suited to forests than to anything 

 else, is well covered with trees it will nearly or quite supply tlu- 

 demnnd for wood. 



The Currency Bill and Business 



In a recent address before a i(ji(\ <'iitiiiii of the Manufacturers' 

 Association at Trenton, N. .]., William C. (lornwell iliscussed the 



relation of the new currency bill to the country's business. So 



of the points made by the speaker follow: 



There is Utile doubt that practically all the national banks of the 

 country will Join the Eederal Reserve organization, and probably a very 

 large numl)er of stale banks and trust companies will eventually become 

 members. 



The good efl'eels of tl(e change will not ajjpi'ar al once, as (he or- 

 ganization of the system and its reduction to smooth working basis 

 will occupy a conslderalile period. Three great benefits will, how- 

 I'ver. when this is done, be brought to the country by the measure. 



Eik.st: The reserves, heretofore scattered and useless, except as weak 

 individual defenses in case of panic, are plied up at a few instead of 

 many points, and under one control will serve as efficient protection 

 against disaster. 



Skcond : The millions in good commercial paper, heretotore c*mi- 

 pelied mainly to be Iield useless in bank vaults until maturity, will 

 be rendered promptly negotiable. 



Third : .\n elastic currency is created, intended automatically to 

 respond to the legiti'mate demands of sound business, abolishing for- 

 ever the annual ci'op-moving money-squeeze and the alternate summer 

 surfeit of funds at the great cities. 



In a great crop-raising countr.v, tiie heavy demand of the year for 

 money comes in the fall, when funds in large volume to move the 

 crops have to be sent to the fields by tbe bankers. Consequently, 

 always in the United States, as the fall season has approached, the 

 banks have tightened up their pursestrings in' preparation for this 

 annual outsending of money and frequently have had to draw upon 

 Europe to tide over the emergency. The manager of any business 

 concern wliich is a borrower, and most concerns are borrowers at one 

 time or another during the .year, knows the uncomfortable feeling 

 of having his banker, no matter how good the credit of the bor- 

 rower, request him, politely or otherwise, to get along with as little 

 as possible. This conversation takes place usually in the autumn, 

 because every .year the bankers at the reserve cities, have, as has 

 been said, to s(>nd out in actual funds to move the crops up to around 

 $150,000.(100 from their reserves, and this usually means a calling of 

 loans up to about four times the amount, or 500 or 600 millions of 

 dollars. This operation descends like a wet blanket on all the busi- 

 ness undertakings of the countr.v, and the damp conditions continue 

 until the crop is on its way to be turned into money tor the recuperation 

 of the reserves. 



t'nder the new law, tliis annual fall money squeeze will be a thing 

 of tbe past. This is because when the need for funds In the fields 

 commences, the l)anks of the West and South will merely have to 

 send to their regional reserve banks commercial paper to the amount 

 of currency needed, and the federal bank notes will be shipped to them, 

 without charge, over night. Their own loans to commercial borrowers 

 will lie undisturbed, the reserve banks and central reserve banks will 

 not be called upon for a penny, and the business of the country, as far 

 as it depends upon loans, may go on absolutely imdisturbed. 



Some business managers hanker so for a row that they will go 

 to lots of trouble just to find something to fuss about when they 

 might find something to be jdeased with without any trouble at all, 



"If" is the universal stumbling block the average man points to 

 wheu he comes to a business cropper or fails in something he expected 

 to do. 



The hardwood trade pays each year quite a lot of freight on 

 moisture because lots of millmen shy at the idea of putting in a 

 di'y kiln. 



There may be -50 jicr cent of waste in manufacturing narrow 

 hardwood and parquetry flooring but this product helps save a lot 

 that might otherwise be waste for the mill man. 



