OFFICERS AND PROMINENT MEMBERS OF NORTHERN HEMLOCK AND HARDWOOD MANUFACTURERS' ASSOCIATION. 

 Top, Lpft to Right : E. A. Ilnmur, W. I!. Cluljiue, W. A. Holt, G. E. Foster, W. C. I>!indon. liottom : R. B. Coodman, J. T. rhillips, M. J. Quinlan, M. 



I". McCullough. 



The annual meeting of the Northern Hemlock and Hardwood Mann 

 facturers' Association, held at the Hotel I'fister, Milwaukee, on 

 Tuesday and Wednesday, .laniiary -I) and 27 was of unusual excel 

 lence in its attendance, in liijjii ijuality of the addref-ses and discus- 

 sions, and in the interest displayed on tlie jiart of all members, who 

 in the main stayed right through all the sessions and unquestionably 

 derived a great deal of information that will be of direct benefit 

 to them in shaping their business policies. 

 Secretary's Report 



Acting secretary O. A, King delivered the first report on association 

 work as follows: 



Notwltlistandlng the depression in the lumber business in the year 

 1914, the Northern llonilock and Hardwood Manufacturers' .Vssoclatlon 

 had a prosperous year so far as accomplishing a good deal of important 

 work. The association commenced the year 1914 with 4'lghty-one mem- 

 bers. During the year six of the above members dropped out--four 

 having suspended operations on account of having cut out all their 

 timber, and the other two felt that they could not afford to be members. 

 However, the association gained seven new members in the same length 

 of time, one of whom is one of the largest operators in upper Michigan. 

 The other six are new operators, so it will be seen that the association 

 is better off at this time as far as membership is concerned than it 

 was a year ago, having one more member and representing a larger cut. 



The expense of the association in 1!)14 was ,$24,078.75. This expense 

 was partially offset by the following receipts : 



Reinspections $691.81 



Rate Books 32.7.'; 



1724.56 



Consequently, the net expenses were $2.'!..'1.')4.10. Iledueting the amount 

 spent for the Forest Products Exposition in Chicago and New York 

 ($3,231.75) and also considering the larger amount of money spent in 

 1914 for advertising than the year before, the cost of running the asso- 

 ciation in ini4 was approximately .f2."i0.00 less than for ini:',. This 

 saving was made on the printing bills for sales reports, as recently 

 there have not l>cen very many members reporting sales. 



We have yet to hear from four members as to their 1914 shipments, 

 but assuming that they shipped the amounts estimated at the first of 

 1914. and making allowance for the balance of this year's advertising. 

 the association commences the new year with a balance in the treasury 

 of approximately $2,000. as compared with a balance of $.'i,300 at this 

 time last year. 



— 1«— 



Estimates 



The estimated sales of the members last year were 413,100M feet of 

 Iicmlock and 205.000X1 feet of hardwoods and pine. The actual ship- 

 ments were 400. 07. (M feet of hemlock — a decrease of l.'i.027M feet, and 

 2.-i3.9o4M feet of hardwood and pin*- a decrease of ll.OlOM feet, or a 

 total loss to the association of ,$.s;i2.0.'>, which is much better than was 

 expected. The estimated sales of the members for 1915 are 411,100M 

 feet of hemlock and 2G1,455M feet of hardwoods and pine — practically 

 the same as for 1914. The association will, therefore, commence the 

 new year with the same estimated sales as for 1914 and with a balance- 

 in the treasury, after ail bills are paid, of $2,000 — a very good condition 

 of affairs. 



Treasurer G. K. Foster said that the balance on hand January 26^ 

 1914, was $3,;!69.69; receipts during the year, .$27,491.28; disburse- 

 ments, $27,010.14, leaving a balance on hand January 27, 191.5, of 

 $3,850.83. 



President's Address 



President Goodman then read his annual report which follows 

 in part: 



You have seen our program and are anticipating with interest the 

 papers and discussions on the various problems selected. I have but 

 one coniiTient to make and that briefly. 



The point I wish to emphasize and which I want emphasized by the 

 trade press in their reports of this meeting, and which every member of 

 this association should carry home clearly fixed in his mind, is that 

 this association is a co-operative organization and that its value tO' 

 ourselves and to the lumber industry is measured by the extent we 

 Individually do co-operate in its work. 



Five years ago Mr. I.andon began to lay out our work on the co-opera- 

 tion principle — Mr. Hamar extended it still further by obtaining the 

 co-operation of the loggers and the graders, and Mr. Kellogg for nearly 

 live years has pounded this idea into every one of us. It is this spirit 

 of co-operation by which each member is willing to give, not only his 

 three or four cents per thousand, hut his weekly report of sales ; his 

 monthly report of cut and shipments ; his statistics of cost and realiza- 

 tions : his time to committee work and to the special features of the 

 association w-ork that interests him. It is this willingness to co-operate 

 that makes this association valuable, for each one of us gets back in 

 double measure all that he gives. A letter I received the other day on 

 "Cost .\ccounting" from a lumberman in Kansas City concludes with this 

 paragraph : "It has been said a man's intelligence Is in proportiott 

 to his capacity to co-operate." With us this means to co-operate In eacln 



