HARDWOOD RECORD 



21 



Meeting Chicago HardWood Exchange 



both buyers and sellers in this market; that 

 any charges against the commercial integrity 

 of Chicago's harJwood market are not war- 

 ranted by the facts, etc. 



H. H. Gibson, editor of Hardtvood Eecokd, 

 on invitation, spcke briefly on the system pre- 



A mid-monthly meeting, accompanied by 

 an enjoyable lunch, was held by the Chicago 

 Hardwood Lumber Exchange in the college 

 room of the La Salle Hotel at one p. m., Sat- 

 urday, October 16. The meeting called out 

 more than fiffv members and showed that 



JAMES S. TRAINER, CHAIRMAN MARKET 

 CONDITIONS COMMITTEE. 



there were twenty-seven houses represented. 



President 1'. L. Brown presided and Secre- 

 tary Joseph H. Dion recorded. After roll 

 call, the minutes of the last meeting were 

 read and approved, when the meeting listened 

 to a report from Chairman Schreiber of the 

 Labor Committee. Mr. Schreiber reported 

 that the proportion of expense that had been 



CHARLES WESTCOTT. CHAIRMAN MEMBER- 

 SHIP COMMITTEE. 



assigned to the exchange by the Employers' 

 Association, covering the cost of arbitration 

 in labor troubles for a long time past, 

 amounted to $237.50, and advised that the 



:iceouut be paid. On motion, the report of 

 the committee was accepted and the treasurer 

 was instructed to issue a check for the 

 amount. 



Jas. S. Trainer, chairman of the Market 

 Conditions Committee, made an exhaustive re- 

 port on the situation in the various woods in 

 this market. On the whole, the report indi- 

 cated increasing values on nearly every 

 variety. 



Chairman Charles Westcott, of the Mem- 

 bership Committee, reported applications 

 from the following concerns, which on motion 

 were admitted to membership: F. B. 

 Sprague Lumber Company, Huddleston-Marsh 

 Lumber Company, P. Schmechel, McLaugh- 

 lin Lumber Company, D. K. Jctfries & Co., 

 aud S. P. C. Hostler. 



Chairman Harvey S. Hayden, of the Pub- 

 licity Committee, then made a report on the 

 proposed seal to be used on the stationery of 

 members of the exchange, and exhibited a 



HARVEY S. HAYDEN, CHAIRMAN PUB- 

 LICITY COMMITTEE. 



jarge colored drawing showing the design. 

 The design and color scheme had the general 

 approval of those present and after consid- 

 erable discussion it was turned back to the 

 committee with instructions to make some 

 slight amendments and prepare the necessary 

 drawings and engravings from which electro- 

 types could be made for the use of the mem- 

 bers. It was also decided to have the design 

 printed, on stickers to attach to envelopes and 

 letter heads for temporary use until all mem- 

 bers had exhausted their present stock of 

 stationery. 



Chairman O. 0. Agler of the Trade Com- 

 mittee made a report in which he recom- 

 mended that a committee of complaints, to 

 consist of three members, be authorized by 

 the exchange. He spoke at length on this 

 subject and stated that he believed that such 

 a committee could do much good work for 



E. SKEELE, CHAIRMAN COMMITTEE ON 

 COMPLAINTS. 



vailing in other hardwood trade centers in- 

 volving business ethics and the efforts made 

 to supply information, methods of arbitra- 

 tion, etc. 



On motion, the chair was authorized to 

 Mppoint a committee of three to more fully 

 investigate the subject and if deemed wise to 

 present at the nest meeting of the exchange 

 an amendment to the by-laws which will per- 



AGLER. CHAIRMAN TRADE COM- 

 MITTEE. 



^nit the organization to add this detail to the 

 present work. 



President Brown did not name this com- 

 mittee at the meeting, but a few days later 



