HAKUWOOD KHCOKD 



roll, and 



I'fru 



irf«<-nt» tlip mime conillilon 

 ff In B« doci Ibc linrdwood 



'"■ . i due to the fnct that hard- 



Kwd tluib r i5 a iTL'ij lUat caunut be rLjjroducPd wUhln tho life of one 

 man. and thrrefoir, when the crop la barrcn'rd In a given locality, there 

 are but two alleroatlTe* to be adopted by thoae ODKaeed In the InduHlry : 

 either to pull up atakea and seek a new location, or olac enter nmne other 

 line of buHlnefw : and, aa a rule, more adopt the latter niternatlve than 

 the former. To this condition, porhapH, more than to any other. U due 

 the atrady depletion that la roIhk on In the ranks of this association. 



Then the financial mortality nmnne our members is a factor constantly 

 to be reckoned with, and those who depart from tbia cause rarely pos- 

 BC«J the ability to come back. Very few have left the association on 

 account of dls.<iallsfaclion with Its methods or from belief that the bene- 

 fits derived from the connection are not commensurate with the expense 

 entailed. A few leave on the impulse of the moment. Inspired by a (It 

 of peevish pique, but the neit time their fingers are caught In a crack 

 they arc found clamoring for readmtsslon. 



It is no small portion of the work of the office of the secretary to 

 keep the ranks of the association filled and at the same time to Increase 

 the membership year by year; but up to the present this work has suc- 

 cessfully been accomplished. It Is the belief of the secretary that no 

 other commercial organization in the entire country has been able to 

 maintain throughout the past nine .vears the same degree of consistent 

 and constant growth that has been evinced by this association. 



To accomplish this result, each hardwood concern in this country, and 

 in Canada ns well, that Is not already a member of this association, 

 receives at least twice a year a complete statement of the benefits that 

 result from o membership in the National Hardwood Lumber Association, 

 together with a courteous Invitation to unite therewith. 



The time will come, of course. In the natural current of events, when 

 the constantly ascending curve, denoting Increasing membership, will 

 reach the high point, but that time has not yet arrived. There Is no 

 good reason why the percentage of increase in membership that has been 

 notable in Ibe past should not be maintained for yeors to come. In fact, 

 It is becoming more plainly patent as the years go by that membership 

 m this association Is a prime requisite to the successful operation of any 

 class of hardwood business, and as the absolute truth of this proposition 

 becomes more widely diiruscd, the work of proselyting for additional 

 members will greatly be lessened, as all intelligent hardwood lumbermen 

 will, of tbelr own volition, naturally gravitate to our ranks. 



The figures In detail of the inspection department for tiie year ending 

 May 1. ini4, showing the quantity of lumber Inspected In each market 

 with the amount earned and exact uost of maintenance, are submitted 

 below without comment : 



St* Lo''u'i"mo ^% Vo?Ss7 "■ A-i^^!."!!- ^4%'?%'i 



3.-^s.Mich.-.-.-.-.-.-.::::;;; ^^M «• i "-- 



P^'mS-::::::;;;;;;;;;; Sli lil m 

 pg.^.i ii If 



gi5o^;^^-.i^.-::::::::::: i^d llll? ii 

 chi^nJ^iga.- Venn:::.-.;;:: :::■■■ ¥^W^ f^-^ i«?2 



Southern mills -i' vm'Vi Villni IrBlli 



prin^Sy::::::::::::::::;;- i-i:\M 8 S 

 r?I?.t^.\v.-va::::: ::::::::: IS kS • • J' • I 



Bristol. Tenn ! lS^4rt?,i OTS-o ?'??}?i 



Pittsburgh Fa ::::::: lMf'-Ti\ i "oo :■ " iUH^ 



Nashville. Tenn 1470 744 sVoTn i 23a or 



Baltimore. Md ::::: ■•• li7n'^^7 n'iiS J1?2IS 



Saul t Ste. Marie. Mich ....:: ! r.^fiosi "^l^^ ^•??^'f ? 



Michigan mills .V-.niiooo 2.02^52 "-"'■" 



The finances of the association' througliout the past yeor have licen 

 In a most satisfactory condition at ail times, and all bills and obliga- 

 tions of every nature have promptly been paid. On .Tune 1 there was 

 no outstanding Indebtedness of any nature whatever. Tho following is a 

 detailed statement of the receipts and disbursements, together with figures 

 from the books of the association showing the outstanding accounts due 

 to the a.ssociatlon. the correctness of which Is certified to In the attached 

 report of Marwlck, Mitchell, Peat & Co.. public accountants and auditors : 

 Receipts 



Balance reported at convention. June 5. 1913 s .-? 7G2 fiO 



From membership dues Sis ?7R dn -i-K^^w 



From Inspection fees '. h?''^osri 



From Inspection rules ! ! ! i 66030 



iTom balance on advertisements in convention 



program. June 5-6, 1913 5,31.58 102,877.09 



$100,039.69 



DiHUMKMBMK 



»!nlnri.s nii<i ivpenMi — SorreUry-Trraaurer. .\- 

 :>, Chief Inapector, lni|>ec|orii 



»83,7B*.fia 



"• i.g 15,071.80 



< • \e Commlll<><>, alandlng com- 



iliineoua expenic 1,040.07 



(. .11. rill ..111.. . vi..ine», telephone, telegraph, light, 



eXiliuiiK.-. mipiiliea, etc 2 0.'in.7<l 



He-inspection aettlemenU and claim* l.ftr.7.Z8 



Kent 2.NR0.0O 



Olllce Kurntturo 140.7B I 07,001. K2 



Leaving a balance on deposit at tho Fort Dearborn 



National Bank, June, 1014, of $ 0,002.e!{ 



In the lllliernlan Bank 1,000.00 



An.l .hM. <.„ Iinnd 775.24 



1'' ....... i.l i-und » 8,7.17.87 



III I ks show outHtandlng account* 



II ■ I I . .^ earned t4,i:ts.l0, for member- 



ii.l.- flO,3R0.0O and advances to 



.n.ii.».. >.; II, a total of » 16.118.16 



Bringing ri'snnrci's In cash and good outstanding 



accounts to as.S.'ifl.O.I 



Cash Uei'Osit Fund 

 Balance on hand reported at convention, June 



r., 1913 I 050.00 



During the year six meetings of the executive committee and Imard of 

 managers have been held as follows: 



Board of Managers June 0. 1013 



Executive Committee ? Sept 17, 1913 



Kxccutlvo Coniiniltcc f>ec. 4. 1013 



Board of Managers Jan. 13. 1014 



Executive Conunilt.e April 7, 1914 



Board of Managers June 17, 1914 



The Interest that tlw association work Inspired on the part of those 

 who hold poMliions of trust Is will evidenced by the attendance at ail of 

 the above meetings. At each meeting of the executive committee the 

 entire membership of that committee was present and the attendance at 

 the meetings of the board of managers have been surprisingly large Id 

 each Instance. At each of these meetings, all matters pertaining to the 

 welfare of the association received careful consideration and, as a rule, 

 an entire day was consumed by each meeting. 



The secretary's report submitted last year contained a recommendation 

 that a monthly bulletin be published, and as the recommendation was 

 concurred in by the meeting, the first Issue of the official bulletin appeared 

 In June. 1913. As far as can be determined from correspondence and 

 talks with (he members during the year, this service has met with the 

 approval of this meral)ershlp: and the swrelnry's office has l>cen relieved 

 of a weight of correspondence, while at the some time operating expenses 

 have been reduced as a result of substituting this method of communication 

 for the circular letter formerly used to acquaint members with matters 

 of interest transpiring In the administration of the affairs of the associa- 

 tion. It may be proper, however, for the secretary to suggest that a still 

 greater amount of benefit could be derived from this monthly publication 

 if the members to whom It Is sent would devcte a few moments of their 

 time each month In the perusal of its contents. No Issue has been pub- 

 lished that has not contained Items of vital Interest to the entire member- 

 ship, and therefore I would urge that when thp offlclnl bulletin is received. 

 It be carefully read and filed away for future nteronce. 



Your attention is inWtcd to the work being done in the reporting depart- 

 ment which was established two years ogo. ^^^lile the work performed In 

 the early stages of this department was of necessity more or less experi- 

 mental, we have been successful In furnishing information of great value 

 to many members and have accumulated a file, which is unquestionably a 

 firm foundation for an extended reporting department that should prove 

 Invaluable to the membership. Our efforts thus far have established the 

 fact that a majority of large consumers throughout the United States and 

 Canada arc willing to extend their co-operation, not only to the extent 

 of furnishing statements of assets and liabilities, but also of filing a list 

 of their annual requirements In hardwoods, which is a feature not here- 

 tofore covered by any trade association or mercantile agency. It Is planned 

 to give this department closer attention during the ensuing year, and by 

 the Introduction of several new features to eslabllsh a service that will 

 be of still greater value to every member of this association. 



While the major portion of the attention of the association has been 

 devoted to the administration of altairs peculiar to the hardwood trade, 

 sight has not been lost of the obligation due from an organization, pos- 

 sessing the degree of prestige enjoyed by this association, to general busi- 

 ness Interests. As this membership Is aware, this association is federated 

 with the Chamber of Commerce of the United States, a body which Is 

 accomplishing a great work in alTording an adequate and effective channel 

 for the expression of the views of all business Interests upon the more 

 Important questions of legislation that have a bearing upon the prosperity 

 of the entire countr.v. The chamber held its second annual convention 

 in Washington. D. C. on February 13 and 14. 1914. and Ihls association 

 was represented by delegates which included its president and secretary. 

 The meeting was very interestinc and proflable. and those who were In 

 attendance came away fully convinced that the chamber Is Justifying. In 

 a very efficient manner. Its existence, by reason of the Important func- 

 tions it Is discharging In the Interest of business In general. 



During the year three referenda have been submitted by the chamber, 

 and this memi)ershlp has had an opportunity for expression upon some of 

 the most important questions of the day. It is to be regretted, however, 

 that In each instance a very light vote w.is polled by the membership of 



