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Hardwood Record — Veneer & Panel Section 



April 10, 1921. 



Plywood Manufacturers Meet April 12 and 13 



A thorough consideration of all phases of the present condi- 

 tion of the plywood industry is promised in the program of the 

 twelfth mass conference and second annual meeting of the Ply- 

 wood Manufacturers' Association, which will be held on Tuesday 

 and Wednesday, April 12 and 13, at the Drake Hotel, in Chicago. 

 The program was issued on March 30 by M. Wulpi, commissioner. 



The program provides for a review by Mr. Wulpi of the year s 

 accomplishments and an outline of next year's activities. The 

 president of the organization will give an account of his steward- 

 ship and the Executive Committee will give its viev^rs of the present 

 situation with recommendations for the third year's activities. 



Among the papers w^hich will be presented are the following: 

 "The Progress of Glue Standardization," by Arthur D. Little, Inc., 

 Laboratory; "The Progress on National Advertising," by G. O. 

 Worland; "Advice on Progress on Import Tariff," by Z. C. Thwing; 

 "Probable Outcome of the Traffic Effort," by D. E. Kline. 



The annual banquet will be held on Tuesday evening at the 

 Drake, at which Frank B. White of Chicago will speak on "The 

 Advantages and Benefits of Co-operative Advertising in Industry." 



There will also be two hours of round table discussion of business 

 conditions. 



The plywood manufacturers of the country are bearing their 

 full share of the burden of depression, though they are somewhat 

 encouraged at present by the revival that is beginning in the 

 automobile industry. In general they have on hand fair stocks 

 of raw materials and good stocks of manufactured product, while 

 as a whole demand is excessively light. 



Anti-Spray Gun Bill Defeated 



Licensing of master painters, proposed in a bill in the Wisconsin 

 legislature, has been defeated, and also a section of a bill which 

 would prohibit the use entirely of spray guns and similar devices 

 employed in the application of paints and varnishes in plants manu- 



facturing office equipment, furniture, etc., in Wisconsin. There is 

 still before the legislature a portion of the latter bill, which pro- 

 hibits the use of spray devices by master painters. 



Defeat of the features as stated, is credited to John H. Friar, 

 Amercian Can Co., Milwaukee, and W. H. Eastman, general man- 

 ager of the W. O. Goodrich Manufacturing Company, Milwaukee, 

 who were appointed to appear against the measure by the Mil- 

 waukee Paint & Varnish Club, and superintendents of painting and 

 varnish departments of several Milwaukee manufacturers of office 

 furniture. 



The bills did not prohibit the use of spraying devices entirely, 

 but named so many ingredients in connection with which they must 

 not be used, that adoption of the law would have prohibited their 

 use in effect. The bill asserts that it was prepared for the purpose 

 of conserving the health of executives and employes. 



Krell Sale Adjudged Legal 



The sale of the Krell Piano Company in Cincinnati* August, 

 1917, to the Werner Industries Company for $155,000 worth of 

 stock in the latter company was legal, according to an opinion of 

 the Court of Appeals here. Certain stockholders protested against 

 the sale, saying that the common stockholders were not allow^ed 

 to vote on the advisability of selling. The court held that holders 

 of common stock were rightly prevented from voting because 

 they had agreed to forfeit their rights if the company failed to 

 declare dividends for three years. The second point raised was 

 that Lawrence Maxwell, w^ho ow^ned a controlling interest in both 

 the Krell and Werner companies, forced the Krell Company to 

 sell its holdings at a great loss to all the Krell stockholders but 

 himself. The Appellate Court however said that at the time of 

 the sale the Krell Company was $21,000 in debt; that Mr. Maxwell 

 had loaned the company $100,000; that the business never w^as 

 a success under the management of Albert Krell and that its losses 

 for 1915 were $44,826 and for 1916 $26,714. The Werner In- 

 dustries' stock w^as worth its par value, w^hile the Krell Company 

 was sinking into bankruptcy at the time of the sale the court held. 

 The appellate opinion was w^ritten by Judge Francis Hamilton. 



Announcement of a general wage reduction of from five to 

 seventeen cents an hour, effective April 1 was made by officials 

 of the J. A. Fay and Egan Company, manufacturers of wood w^ork- 

 ing machinery. The reduction affects approximately 800 men. 

 This concern has been one of the few^ in Cincinnati to work at 

 full production during the business depression period. Company 

 officials believe that in view of generally falling prices, however, 

 a wage reduction is necessary. 



Robert F. Stewart, formerly of Toledo, Ohio, has been appointed 

 superintendent of the Cincinnati Trailmobile Company's new plant 

 in Oakley and has taken up his residence here with his family 

 at 3754 Edwards Road, Hyde Park, a suburb of Cincinnati. 



Mrs. Leo. P. Young, w^ife of the general superintendent of the 

 Frost Veneer Seating company at Antigo, Wisconsin, died at her 

 home in that city on March 1 5 at the age of 38 years. Mrs. Young 

 was born in Bradford, Vt., and w^as the daughter of Robert Fulton. 

 She w^as married to Mr. Young at Bradford on Dec. 26, 1917, and 

 has since made her home in Antigo. 



The Northern States Casket Company of Chippewa Falls is the 

 name of a new^ corporation which has been organized with a capi- 

 tal stock of $25,000 to engage in the manufacture of coffins, 

 caskets, cabinets, etc. The principals are H. C. Chappie, A. 

 Carlson and F. Westlung. 



Reports w^hich gained considerable circulation to the effect that 

 the S. W. Miller Piano Company of Sheboygan was intending to 

 discontinue business and would dispose of its plant, equipment, 

 stock, materials, etc., have met with denials on the part of the con- 

 cern. The industry will be continued as before, as a manufacturer 

 of pianos and other musical instruments, cabinets, etc. 



