HARDWOOD RECORD 



45 



At Owensboro. Ky., the Owensboro Chair Manufacturing Company has 

 become involved in a voluntary petition in bankruptcy. 



The Fletcher Savings & Trust Company has been appointed receiver 

 for the Premier Motor Manufacturing Company, Indianapolis, Ind. 



W. P. Ketcham, formerly of the Ketcham Lumber Company, Chicago, 

 died on October 10 at Pasadena. Cal.. at the residence of his daughter, 

 Mrs. Edwin J. Bowes, Jr. 



=-< CHICAGO >■ 



M. L. Bease of the Galloway-Pra.se Company. Poplar Bluff, Mo., is 

 spending several days in Chicago on one of his regular business trips. 



Earl Bartholomew of John B. Ransom & Co., Nashville, Tenn., has 

 been around the city for quite a little while, and while here the last 

 time completed the arrangement tor the establishment of a warehouse in 

 which will be carried a regular stock of the famous Acorn brand of oak 

 flooring manufactured by the Nashville Hardwood Flooring Company, one 

 of the allied Ransom interests. 



Henry A. Batchelor, Jr., president of the Tennessee Oak Flooring Com- 

 pany, Nashville, Tenn., passed through Chicago on October 12 with his 

 family on his way to Saginaw, Mich. 



William H. White of Boyne City, Mich., was one of the prominent 

 northern visitors to the Chicago trade recently. 



A. T. Goldsmith, general manager of the Radford-Portsmouth Veneer 

 Companj', Radford, Va., was in the city the greater part of last week. 



J. D. Allen, manager of the veneer department of the Anderson-Tully 

 Compan.y, Memphis, Tenn., came to Chicago a few days ago and will be 

 here for several days. 



Hakdwood Record has received from the Day Lumber & Coal Company, 

 Clay City, Ky., a letter stating that the general offices of the company 

 have been located at Jackson, Ky., since October 12. 



="< NEW YORK y- 



Schedules in bankruptcy of Gochnour & Soble, hardwood wholesalers 

 of 1 Madison avenue, show liabilities of $S,500 and assets $6,700. 



Stultz Brothers, manufacturers of pianos, this city, have been peti- 

 tioned into bankruptcy. Liabilities are said to be $50,000. A. L. Hern- 

 stein has been appointed receiver. 



Judge Mayer has confirmed a composition of Charles Koster, architec- 

 tural woodworker, with creditors at fifty cents on the dollar, in notes at 

 three and six months. 



Real estate tnen from the entire state met in annual session in New 

 York, October 16 and 17, to discuss present affairs in their field of 

 endeavor. There was much informal testimony of the current quiet in 

 real estate circles, though the outlook is viewed more favorably. Follow- 

 ing adjournment of the sessions tlie visitors made a motor trip to Queens 

 Borough as guests of the Queens Chamber of Commerce. 



=■< BUFFALO >■ 



Echoes are still coming in of tlic outing given by the Buffalo Lumber 

 Exchange at North Boston, this county, on October 7. So enthusiastic is 

 everybody that some of the dealers made a second trip and it is agreed 

 as nearly as such things can be that they wUl all meet under the big 

 chestnut tree next year. How much of an "eld chestnut" the agreement 

 will Be by next October is hard to say, but it is not likely there will be 

 as many actual chestnuts on the trees next year as there were this time. 

 If F. M. Suilivau and his associate chefs in the hardwood trade, E. J. 

 Sturm, C. A. Perrin and E. A. Nostrand, get up two better meals then 

 than on this occasion they will have to take cooking lessons next winter. 



The J. JI. Briggs Lumber Company has been organized here to handle 

 hardwoods and general lumber. It succeeds J. M. Briggs & Co. The 

 office is on the ninth floor of the Ellicott Square. The company is in- 

 corporated with .f25,000 capital and the directors for the first year are 

 J. M. Briggs, N. C. Eastman and H. C. Albee. Alfred Swanson is also 

 connected with the company. 



Taylor & Crate arc giving much attention to forestry on their southern 

 timberlands and are working out a careful system of looking after tim- 

 ber, of keeping out trespassers and of preventing and putting out fires. 



J. B. Wall, president of the Buffalo Hardwood Lumber Company, has 

 recently spent two weeks in Alabama, looking after the interests of the 

 company. He also stopped at Memphis on business. 



Blakeslee, Perrin & Darling state that the lumber trade is quiet, but 

 that it is a little better than several weeks ago. Plain oak and maple 

 are the leading woods. 



The I'eager Lumber Company, Inc., states that there is no general Im- 

 provement in the hardwood demand. The yard is selling more oak than 

 anything else, with a small sale for poplar. 



Davenport & Ridley are getting in some stocks of white ash, which is 

 said to be in fair demand. B. F. Ridley recently returned from a trip 

 to the mills in Pennsylvania. 



The Hugh McLean Lumber Company is opening its mill at Birmingham, 

 Ala., which will operate on oak and poplar. Trade is said to be slow In 

 this territory at present. 



Miller, Sturm & Miller say that the local demand for hardwoods has 

 shown improvement lately, though business is not up to the usual average. 

 Oak and maple are in chief demand. 



Charles A. Cyphers, as president of the Buffalo Incubator Company, 

 has filed a voluntary petition in bankruptcy. Indebtedness is $48,177, 

 while assi'ls are stated as $131,274.81. .\bout $100,000 of assets are 

 tied up in real estate and insurance policies. 



-< PHILADELPHIA y- 



The W. J. Donnell Lumber Company. Perth Amboy, N. J., was incorpo- 

 rated under New Jersey laws October r,. Capital, $120,000. 



Judge Lloyd, in the circuit court of Camden, N. J., handed down a 

 decision on October 7. agaiu.st six fire insurance companies, ordering 

 them to pay $27,847. .lO to Lewis Starr, receiver for Joseph Mick, a bank- 

 rupt lumber merchant of Laurel Springs, N. J. Mick's lumber yard was 

 destroyed by Are on June 28, 1911, and a receiver appointed, but he 

 was unable to meet obligations because of the refusal of the insurance 

 companies to settle the claims, which amounted to $30,000. The receiver 

 says when the claims are settled the creditors will be paid dollar for 

 dollar. 



The Nrw York Shipbuilding Company, Camden. N. J., has been agree- 

 alily awarded a contract to build one of the new dreadnoughts ordered 

 by the government recently. The bid was $7,190,000. This will mean 

 continued activity in this yard for months to come. 



The United States appellate court handed down a decree refusing to' 

 consider the appeal of the five convicted officers of the International Lum- 

 ber & Development Company for a new trial. The last resort of this 

 bunch is the United States supremo court, where this case may be heard 

 on constitutional questions. 



Robert C. Lippincott has removed from the Crozer building to .!i.;7 and 

 539 Land Title building. Nathan B. Gaskill and George E. Lippincott will 

 be associated with the business. 



Lumbermen's Exchange held its monthly meeting on October S. at 

 4 :30 P. M.. President William H. Fritz in the chair. The small routine 

 business was soon transacted, after which the members in waiting auto- 

 mobiles hied themselves to the Huntingdon Valley Country Club, on the 

 York road, where they en.ioyed a dinner par excellence. The evening was 

 devoted to general amusements. A Mr. Kelly, resourceful in .1okes and 

 anecdotes, kept the boys in roars of laughter, and Edward F. Honson, Eli 

 B. Hallowell. James L. Richardson. Frederick S. Underbill. Paul P. Pear- 

 .'ion, James B. McFarland, Jr.. W. H. Wyatt and Ralph Souder. an octette 

 of creditable musical efficiency, rendered some familiar selections in well 

 simulated grand opera style. Horace A. Reeves. Jr., entertained the 

 bunch with a very classic solo entitled, "When Towser was a little dog." 

 The evening as an entertainment was a rousing success. 



Al G. Flournoy, sales manager, and W. A. Ruddick, salesman for the 

 Virginia & Rainy Laise Company, Virginia, Minn., were recent visitors 

 to the exchange rooms. The E. P. Burton Lumber Company and the 

 Ellwood Allen Lumber Company are on the boards tor membership in 

 (he exchange. 



=-< PITTSBURGH >- 



The I'ayette Lumber Company of Uuiontowu. Pa., has secureil a large 

 tract of timber near Humbert, Somerset county, Pa., and is building a 

 branch railroad into the tract. A considerable amount of good hardwood 

 will be cut. 



The Kendall Lumber Company of this city is considering building a 

 plant near Cheat Haveu, W. Va., to cost $60,000. This is one of the 

 largest manufacturers of hardwood timber in this district. 



The Craig Lumber Company reports that there will be considerable good 

 l>uyiug of hardwood on the part of window glass concerns following the 

 settlement of the wage scale. Chestnut is pretty sure to share liberally 

 in this trade. 



The Salt Lick Lumber Company which maintains an office at 5033 

 Jenkins arcade in this city, is running its mill steadily on the Licking 

 river in Kentucky. It has worked up a fine trade in its specialty, oak 

 flooring, in this district and also has a big local trade in Kentucky and 

 West Virginia in basswood. 



The West Alexandria Lumber Company of West Alexandria. Ohio, has 

 filed a petition in bankruptcy — liabilities, $29,801.03; assets $25,312.29. 

 The Woodman Lumber Company of Cresson, Pa., also filed a petition in 

 bankruptcy and the creditors will hold a meeting in Pittsburgh, October 

 29. The members of the concern are Ilarry W. and David E. Brown. 



Two big plants have been located in the Pittsburgh district during the 

 past week. The Pittsburgh Industrial Development Commission located 

 at Carnegie. Pa., a steel company which will build a plant 700 feet long 

 at once. At Vesta. Pa., twenty miles up the Monongahela river, the 

 Williams Tire Company of Glassport, Pa., has bought ten acres and will 

 build a $300,000 plant. 



The bond-holders of the Allnite Coal & Lumber Company, a subsidiary 

 of the Pittsburgh-Buffalo Company which went into the hands of a re- 

 ceiver last winter, held a meeting in Pittsburgh October 6. A favorable 

 report was made concerning the property of the company in Kentucky. 

 This concern's issue of bonds is $500,000 of which only $260,000 are out- 

 standing. 



C. J. Glass of Muncy, Pa., has bought a big tract of virgin timber in 

 Brady township near Luthersburg. Pa., and will cut off about 1,000,000 

 feet of chestnut and hardwood as fast as possible. 



Manager Brown of the hardwood department of the American Lumber 

 & Manufacturing Compan.v. paid a two weeks visit to Canada lately. He 



