HARDWOOD RECORD 



45 



' >i ^<«a&:<^ttai:>am»mtm aiiJii^>st>>i TO^ 



Annual Philadelphia Lumliermen's Exchange 



The Lumbermen's Exchange of Philadelphia 

 held its twenty-sixth annual meeting in the ex- 

 change rooms on Apr. 11. President Wm. C 

 MacBride presided. After the minutes of the 

 last meeting were read and approved, the presi- 

 .dent appointed Owen M. Bruner judge and Dan- 

 iel Adams and Eli B. HoUowell tellers of the 

 elections for the new year. 



Augustus J. Cadwallader, in the absence of 

 Treasurer Chas. P. Maule, then read the treas- 

 urer's annual report, which showed the exchange 

 to be in satisfactory financial condition. 



John H. Lank, secretary, followed with his 

 statement of the high standing of the exchange 

 as to the membership, etc. 



Fredericli S. Underhill, chairman of the rail- 

 road and transportation committee, reported con- 

 siderable progress made in matters laid before 

 It, particularly in the effort being made to have 

 a demurrage commission appointed for Philadel- 

 phia as has been the case of Boston. 



The committees on legislation, membership, 

 by-laws and rules, finance, arbitration and au- 

 diting had nothing of special importance to re- 

 port. 



Amos Y. Lesher, chairman of the credit sys- 

 tem committee, gave an interesting report upon 

 which action will be taken by the incoming ad- 

 ministration. 



President ^lacBride next read his report, 

 which was a review of the doings of the ex- 

 change during the past year. 



Frederick S. Underhill then took the opportu- 

 nity to introduce the subject of a forest prod- 

 ucts exhibition. On the subject of steel cars, he 

 thought the recent wrecks of cars of this con- 

 struction proved conclusively that they were no 

 more safe or no more to be relied upon than 

 those made of wood. The using of cement, con- 

 crete and other lines as substitutes for lumber, 

 which is being so strongly urged and so exten- 

 sively exploited at large exhibitions held annu- 

 ally, renders the holding of an annual forest 

 products exhibition a vital necessity. In con- 

 clusion Mr. Underhill made the following reso- 

 lution which was adopted : 



Resolved, That it is the sense of this meet- 

 ing that an annual exhibition of forest products 



would undoubtedly prove of benefit to the lum- 

 ber industry. 



The recommendations of Mr. Underhill on 

 these important matters were strongly endorsed 

 by Owen M. Bruner and President MacBride. 



The election of officers resulted as follows : 



Pkesidext, Wm. T. Betts of Charles M. Betts 

 & Co. 



VicE-PitEsiDENT, Benjamin Stoker of Geo. W. 

 Stoker & Son. 



TkeasureRj Chas. P. Maule. 



Secuetakv, .John H. Lank. 



Auditors, Samuel B. Vrooman, Eli B. Hallo- 

 well and Franklin Smedley. 



Trustee Relief Fuxd, "Samuel B. Vrooman. 



Directors, John E. Lloyd, George A. Howes 

 and Amos Y. Lesher. 



The annual banquet, which was held in the 

 evening in the garden of the roof of the Conti- 

 nental hotel, was of sumptuous appointment and 

 greatly enjoyed by all. Speech making was 

 omitted and instead a high-class vaudeville show 

 was a principal and most enjoyable feature of 

 the evening's entertainment. Great credit is 

 due to the office and entertainment committee 

 for the very pleasant wind-up of the year. The 

 handsome souvenir booklets, containing the menu, 

 were contributed by the Pennsylvania Lumber- 

 men's ^lutual Fire Insurance Company of Phila- 

 delphia, Pa., the Lumber Mutual Fire Insur- 

 ance Company of Boston. Slass., the Lumber- 

 man's ;Mutual Insurance Company. Mansfield. O., 

 the Indiana Lumbermen's Mutual Insurance Com- 

 pany, Indianapolis. Ind., and the Central Manu- 

 facturers' Mutual Insurance Company, of Van 

 Wert. O. 



Annual Issue Timber Trades Journal 

 The annual speiinl issue of the Timber Trades 

 Journal, dated March 30, published by William 

 Rider & Son, Ltd., 164 Aldersgate street, Lon- 

 don. E. C, has reached Hardwood Record. In 

 this issue the editor has given especial atten- 

 tion to the export wood trade of Russia. The 

 several articles under this heading include an 

 account of a journey from St. Petersburg to 

 Archangel and along the Marie system of canals, 

 which is accompanied by a folded map of the 

 route. This, with articles on the various ex- 

 porting firms in Archangel, St. Petersburg, Riga 

 and other leading Russian ports, all fully illus- 

 trated, form a most interesting feature of the 

 issue. 



There are many other important articles, in- 

 cluding a comprehensive review of the foreign 

 lumber situation, involved in the number. It is 

 a splendid example of a lumber newspaper en- 

 terprise that has scarcely ever been duplicated 

 in the annals of the lumber trade press on this 

 side of the water. 



Congratulations are extended to the publish- 

 ers of this sterling timber trade journal on the 

 splendid issue they present to their subscribers. 



■Work of Hardwood Manufacturers' Associa- 

 tion of the United States 



Secretary Doster of the Hardwood Manufac- 

 turers' Association advises that his force is now 

 engaged in gathering statistics on various mat- 

 ters for the benefit of its members, which fig- 

 ures will be submitted later. One of the impor- 

 tant subjects being taken up is the stock condi- 

 tion of low grades in poplar, Cottonwood and 

 gum. Indicating the amount on hand April 1. 

 1011, and on the corresponding date of 1012. 

 The secretary advises that statistics obtained in 

 January and February of this year will be 

 greatly changed owing to the climatic conditions 

 that have prevailed in both the mountain and 

 lower Mississippi valley hardwood districts for 

 some time. This has changed the complexion of 

 the production materially. Figures involving 

 total of prospective production will be greatly 

 reduced. 



The secretary says that he finds a barometer 

 for business conditions in the number of com- 

 plaints registered concerning shipments. When 

 stocks are in good demand, complaints decrease. 

 He says that although the volume of business 

 handled on the grades of the Hardwood Manu- 

 facturers' Association is materially on the in- 

 crease, there is a decided decrease in the amount 

 of reinspection demanded as a result of differ- 

 ences between shipper and purchaser. This sit- 

 uation is also helped from the mill inspection 

 service offered by the association, as it invaria- 

 bly sends a competent inspector to the mill of 

 any member for the purpose of demonstrating 

 grading when it is found necessary to do so. 



The Hardwood Manufacturers' Association has 

 recently published a folder showing the various 

 divisions of departments which the organiza- 

 tion has in effect, and figures regarding the 

 work that has been acomplished, and is being 

 undertaken at the present time. These folders 

 will be sent to anyone on application. 



The offices of the Hardwood Manufacturers' 

 Association have been moved from suite 1206 

 First National Bank building, Cincinnati, to 



WILLIAM T. BETTS. PRESIDENT PHILADEL- 

 PHIA LUMBERMEN'S EXCHANGE. 



BENJ. STOKER, VICE-PRESIDENT PHILA- 

 DELPHIA LUMBERMEN'S EXCHANGE. 



CHARLES P. MAULE, SECRETARY PHILA- 

 DELPHIA LUMBERMEN'S EXCHANGE. 



