April 10, 1921 



HARDWOOD RECORD 



21 



STATEMENT OF DAY AND PIECE WORK 



Mr. H> Um ioL.A>'vvv<a 



Your Dept. Ranks 1^ 



Remarks Urtilfiv, iAyuiAAJn^ 



Form M396A I 



20 P.P, 



v^-// 



the produetiou on Produetiou Sheet (Fig. 6). Time tickets are 

 turned in daily and production sheets whenever a job is completed. 

 The production sheet shows the amount to be made or amount 

 started through; the different operations making up the whole must 

 for each operation, equal the original amount, less the quantit.v 

 that became defective in the course of the various operations. If 

 the defective parts or pieces are to be reworked no work can be 

 performed unless a defective Work Report (Fig. 10) is made out 

 and order issued by the office to repair or rework defective ma- 

 terial or part. Should the defective work, for anv reason, pass on 

 to completion and be found 1)3' Inspector, he will make out De- 

 fective Work Report and charge all of" the accrued labor for the 

 different operations to the operator who performed the last oper;i- 

 tion on same. In this manner, each man will become an inspector, 

 refusing the work if defective, for if ho accepts he makes himself 

 liable for the preceding labor cost or charges. In extreme cases 

 where it can be i^roven that material is spoiled be.voud recover.v, 

 both labor and material is charged to the operator. 



Editor's No'rE — A second article hy Mi\ Jiolnnkn- irill itit;ii'ir in nn 

 early i.s.sHr. 



Northern Wholesalers Hopeful 



A sober realization of the seriousness of prevailing couditiims 

 with no attempt to ignore unpleasant things, but bucked up by 

 conservative, honest hopefulness, characterized thg regular meeting 

 of the Northern Wholesale Hardwood Lumber Association held at 

 the Milwaukee Athletic Club, Milwaukee, Wis., on Friday, April 1. 

 The meeting was essentiallv for the purpose of airing the experi- 

 ences of the members, who, through very highly developed sales 

 organizations are in close contact with the bu.ying as well as the 

 manufacturing elements. The entire session, in fact, was given 



over to talks by members representative of different sections in 

 the territory covered by the association membership. 



Among the speakers was C. P. Crosby of Ehinelander, Wis.; 

 Mr. Booream, of Minneapolis, Minn.; H. C. Humphrey, Appleton; 

 A. H. Ruth, Chicago; 'Ted Jones, of Minneapolis, president of the 

 association. By special invitation, E. W. Meeker, editor of Hard- 

 wood Record, Chicago, gave a talk on conditions in the southern 

 hardwood tield, showing the causes which have contributed to the 

 dullness of the market and the unstable prices of southern liard- 

 woods. 



There was no attempt to be unduly optimistic in any of the 

 reports, members realizing, however, that things iave been at 

 about as low an ebb as it is possible for them to reach. The out- 

 standing fact which the members took away with them is that 

 jiroduction is established, that is, its volume is now at the maxi- 

 mum for the current .year and will unquestionably go off with more 

 or less rapidit,y. On the other hand consumption has established 

 its lowest point and is now showing a discernible tendency toward 

 expansion on a very gradual but conservative and safe basis. 



It developed in the discussion that many of the important north- 

 ern mills were really shutting down or planning to shut down as 

 soon as the present supply of logs on hand were cut up and that 

 the suppl.y of logs this year will be greatly below normal. 



President Jones presented some illuminating facts and figures in 

 a paper he read, cspeciall.v tending to show a comparison in stock 

 (Minditions and markets with those prevailing in the early part of / 

 11119. While admittedly the underlying influences are not analo- 

 gous, Mr. Jones maintained that here is an encouraging significance 

 in the similarity of figures. He said the supply of hardwoods in 

 tlie hands of the northern mills January, 1919, was the largest ever 

 known up to that time, but that January 1, 1921, found 10,000,000 to 

 1 •'1,000,000 feet more on hand. Against this the members of the 

 wholesalers association have 22,000,000 feet less than .Ian. 1, 1919, 

 so that the actual amount is probablv slightly loss than it was 

 Januar.v 1 two years ago. 



He then went on to sketch the extreme depression and the over- 

 whelming stocks in the hands of consumers in the former year, 

 and said that today it is all in the producer's hands, whereas in 

 1919 and 1920 it was in the hands of both the consumer and the 

 producer. He also referred to the blackness of things in general 

 during the 1919 depression and led up to the sudden break which 

 camo in Ma.v, which bv Jannarv 1 reduced a great over-abundance 

 to sncli an extent that the northern hardwood stocks available rep- 

 rosento 1 the smallest visible amount in historv. He especially 

 dwelt on the fact that there was an immense supply of common 



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MANAGER 



grade in the consumer's hands at that time, and today, according 

 to Mr. Jones, there is only half as much of FAS birch, about half 

 as much No. 1 and No. 2 common, about sixty per cent more No. 3 

 common than in the beginning of 1919. He said that actually thpre 

 is toda.v less hardwood lumber in the eountr.y than at any time dur- 

 ing the last eight years, and that the producer and jobber have 

 practically all of it, the consumer contenting himself with buying 

 merel.v to cover immediate requirements. 



