HARDWOOD RECORD 



35 



Trouble in Whiting Lumber Co.'s Affairs. 



A bill has been filed in the Chancery Court 

 at Elizabethton. Tenn., by N. B. Bradley 

 & Sons of Bay City. Mich., against the 

 Whiting Lumber Company, praying for the 

 appointment of a receiver. The bill sus- 

 tained as a general creditors' bill. The state- 

 ment shows the company has liabilities of 

 $351,000. including the capital stock of $100.- 

 000, and assets of $1S6,000. Almost the en- 

 tire amount of liabilities is owing N. B. 

 Bradley & Sons on account of loans and en- 

 dorsements made in the last three years. 



The company was organized in 1895 by 

 Frank R. Whiting and William S. Whiting, 

 who are now owners of half the capital 

 stock. In 1900 the complainants purchased a 

 half interest in the company, taking $50,000 

 worth of stock. They became heavy en- 

 dorsers of the company's paper, and on Janu- 

 ary 1, 1903, according to the bill, they were 

 personally liable for $150,000, which they later 

 had to pay. On January 1, 1903, the total 

 indebtedness of the company was more than 

 $200,000, with an approximately similar 

 amount of assets. 



The Bradleys secured active management 

 of the business a year and a half ago and 

 E. E. Bradley was elected president and A. R. 

 Baker secretary and treasurer. It is alleged 

 that the Whitings are indebted to the com- 

 pany in the sum of $12,000, which was left 

 standing upon the books when the active 

 management was turned over. The Bradleys 

 are the principal and almost the only credit- 

 ors of the company, they having purchased 

 nearly all of its outstanding paper. The bill 

 states that the company has never paid any 

 dividends on its capital stock and that the 

 Michigan firm has furnished the operating 

 money for three years. . 



The Whiting company owns about 17.000 

 acres of timber land in Carter and Johnson 

 counties, valued at $65,000. It also owns a 

 small railroad and equipment, real estate 

 and a band mill at Elizabethton. A stock of 

 4,000,000 feet of lumber is in the yard, to- 

 gether with a large supply of logs. 



The Windsor Lumber Company, capitalized at 

 $100,000, was recently organized at Windsor, 

 Mich. The company owns a large tract of 

 hardwood timber in Dermott, Ark. 



HardWood NeWs. 



(By HARDWOOD RECORD Special Correspondents.) 



Chicago. 



This office is in receipt of a neatly illumined 

 folder announcing that the Raine-Andrews Lum- 

 ber Company, which in the past has been oper- 

 ating a mill at Gladwin, W. Va., has completed 

 its new band mill .at Evenwood, W. Va., and has 

 moved its headquarters to that point. The 

 company is said to have a very fine hardwood 

 timber holding and plant. 



Chicago is in the midst of the greatest build- 

 ing activity ever known in its history. Previous 

 high marks were established during the boom 

 of 1892, and ever since that time unusually good 

 building records have been referred to as the 

 "best since the world's fair." Now, however, 

 for the first time this classification can be 

 dropped, for the world's fair marks have been 

 passed. The teamsters' strike may possibly mili- 

 tate against a continuance of this wonderful 

 building activity for a short time, but it is 

 certain that 1905 will surpass all building rec- 

 ords for the city. Permits up to date aggregate 

 over $19,000,ou0, which is nearly double the 

 figure of the first four months of last year. 



This office had a pleasant call on May 15 

 from J. P. Davenport of the J. P. Quigley Land 

 & Lumber Company of Grand Rapids. Mr. Dav- 

 enport was on his way to St. Louis and the 

 South on a purchasing trip. 



The Record has received from the general pas- 

 senger department of the Grand Rapids & Indi- 

 ana railway, Grand Rapids, Mich., a handsomely 

 illustrated booklet entitled Michigan in Summer. 

 The work is descriptive of various pleasure re- 

 sorts reached by the line of this railroad, and 

 the illustrations are half-tone reproductions of 

 the delightful and picturesque scenery abounding 

 in northern Michigan. This region is becoming 

 a favorite outing place for seekers after brook 

 trout and bass, of for those wishing a quiet 

 summer vacation amid scenes of picturesque 

 beauty. A copy of the booklet referred to can 

 be had upon application to C. L. Lockwood. 

 G. P. A., Grand Rapid-. 



A letter from L. S. Fitch of Oakwood, Ind.. 

 announces the death of the veteran Indiana 

 lumberman, A. S. Vail, who died on May 11 

 from injuries received in his mill on the 2d inst. 

 While Mr. Vail was terribly mangled by a 

 wood saw flying off its shaft, be survived his 

 injuries several days. It is thought that he 

 would have recovered had it not been that pneu- 

 monia overtook him. Mr. Vail was much 

 esteemed, and it is with regret that bis unfor- 

 tunate taking off is chronicled. 



The editor's sanctum was illumined on the 

 17th by the presence of that well-known and 

 distinguished Wisconsin lumberman, William J. 

 Wagstaff of Oshkosh. 



Rittenhouse & Embree Company sustained a 

 loss in its lumber yard at Thirty-fifth street and 

 Centre avenue of about $6,000 last Monday 

 morning. Inasmuch as the teamsters in this 

 yard had just gone out on a strike, it was ru- 

 mored for a time that the fire was of incendiary 

 character, but Mr. J. W. Embree of the firm 

 scouts the idea that the strikers bad anything 

 to do with the conflagration. 



J. W. Woodbury, manager of the lumber 

 department of the Ozark Cooperage Com- 

 pany of St. Louis, was united iu mar- 

 riage in this city on May 17 to Miss 

 F. Elizabeth Noyes, daughter of Mrs. A. 

 H. Noyes of 50 East Fortieth street. Mr. 

 Woodbury and his bride are now on an eastern 

 trip, which will include New York. Incidentally 

 a stop at Buffalo was made to attend the annual 

 meeting of the National Hardwood Lumber As- 

 sociation. Mr. Woodbury has been associated 

 for a good while with the Jefferson Saw Mill 

 Company of New Orleans and has but recently 

 taken over the lumber department of the Ozark 

 Cooperage Company. Hie and bis wife will be at 

 home in St. Louis after June 1. They have 

 the congratulations of the Hardwood Record. 



The Trainer Brothers Lumber Company, well 

 known hardwood dealers of this city, has its 

 headquarters at 03 West Twenty-second street 

 instead of at Twenty-second and Johnson streets, 

 as incorrectly noted in this department of the 

 HAHDWOOD Record of May 10. The company 

 has recently made some marked improvements 

 in its facilities. 



Frederick I Moseley of the Cypress Lumber 

 mny was in Atlanta, Ga., last week attend- 

 convention, ami on his way borne stopped 

 in X' 'v York for a few days. 



The newly incorporated Contractors' Mutual 

 Liability Insurance Company, with which a 

 number of woodworking firms are identified as 

 incorporators, has entered the field with Her- 

 bert P. Cummings of II. 1'. Cummiugs Company 

 as president. 



W. C. B. Robbins. manager <>f the Suncook 

 Valley Lumber Company, is confined to his 

 home through illness. 



It is reported that the firm of Clark & 

 Smith. Charlestown hardwood dealers, will be 

 dissolved. 



The joint annual outing of the manufactur- 

 ers, wholesalers and retailers of New England 

 is being arranged for the latter part of June. 

 A good time will be planned. 



Building statistics from January 1 to May 

 17 show a gain over the same period of last 

 year of approximately 20 per cent. Taking 

 the average for the past four years, however, a 

 decrease of 15 per cent is shown. 



Austin B. Howe of the A. B. Howe Lumber 

 Company of Marlboro. Mass.. died at his home 

 this week after a lingering illness. 



About 70,000 acres of timberiand in the 

 northern and western portion of New Hamp- 

 shire will be sold at auction on June 29. The 

 timber includes that on the Presidential range 

 of the White mountains, and the saw mill of 

 the Bartlett Lumber Company as well as the 

 plant of the New England Lumber Company. 



William H. Treworgy, for many years identi- 

 fied with the wholesale hardwood lumber trade 

 of Boston, died suddenly in a cab while being 

 driven to his hotel last week. 



Boston. 



Geoige II. Davenport, senior member of the 

 wholesale firm of Davenport, Peters & Co- 

 sailed last week for Europe, where he will 

 spend a couple of months in travel. lie will 

 join his family there. 



Lindsley H. Shepard, formerly of Shepanl. 

 Farmer & Co., will open a Boston 

 for William Whitmer & Sons, Incorpoi 

 of Philadelphia. Space has been taken in the 

 board of trade building. He will look after the 

 New England trade for the company. 



Frank W. Lawrence of Lawrence & V> 

 is on a trip through the West looking after 

 stock and is not expected home for a week. 



New York. 



David J. Dannat, principal in the well-known 

 firm of Dannat & Pell, Manhattan, died on May 

 14 at his apartments, 20 Union Square. He 

 was born October 19, 1S49. For years he bad 

 been prominently identified with many of the 

 foremost clubs of the city, and was familiarly 

 known as the "Millionaire of Union Square." 

 The business will be continued by Charles E. 

 Pell, who has pursued the active management 

 of the business for some years. 



Sam E. Barr of the Ban- & Mills Company 

 reports their hardwood business excellent. They 

 sold over 3,000,000 feet through the New York 

 and Zanesville offices during the past month. 

 Mr. Barr has just concluded arrangements for a 



spruce output aggregating 1,1 ,1 feet a week 



and they are making a strong drive on that 

 along with their hardwood lumber and flooring 

 business. 



Harry S. Dewey of Dixon & Dewey. Flatiron 

 Building, reports business as very fair In vol- 

 ume. Mr. Dewey believes that there is ample 

 hardwood for current wants taken as a general 

 proposition, taking into account, of course, the 

 scarcity of such items as plain oak. The com- 

 pany's attractive little stock list entitled "Every- 

 month" is doing good work and is a unique and 

 attractive publication. 



An interesting announcement to wholesale 

 lumber interests generally was made last week 

 by the National Wholesale Lumber Dealers' 

 iation to the effect that the association will 

 hold a semiannual meeting at Ottawa, 

 about the middle of August. The arrangements 

 for the meeting will be placed in the hands of 

 a committee composed of prominent Canadian 

 and American lumbermen. The Ottawa Valley 

 lumbermen will make the stay of the delegates 

 just as pleasant and enjoyable as possible, and 

 it is hoped that the membership of the organi- 

 zation will thus be increased throughout the 

 Canadian provin 



The schedules in bankruptcy of the American 

 Wood Column Company of this city show liabili- 

 ties of $5,820 and no assets. 



