48 



HARDWOOD RECORD 



them, I want to point out as strongly as I can that the bi-product 

 plant of the future will bo almost a necessity. All realize that the 

 quantity of tops and other material put into the burner at the 

 mills, or left in the woods every year is tremendous, and that 

 something can be done to utilize this material no one doubts. 



These, briefl.y stated, are some of the important problems Avhich 

 I see concerning the hardwood manufacturer; all of them are imme- 

 diately practicable, and all of them promise immediate returns. 

 All that is lacking is certain additional information which can 

 be easily obtained by some further investigation. The conservation 

 of his own material need not be urged upon the hardwood manu- 

 facturer as I know him. 



Trading on the Floor 



The i)rtsiilent tlicn aiiniHiJii-cil thai tlu' next [lart of the ]>roorain 

 would be trading on the Jluor. This new feature was brisk anil inter- 

 esting. It is said that over four hundred cars of hunbi'r changeil 

 hands during the )U'oceeding. It was certainly a lively meet-up of 

 hunbermen, and was not only highly enjoyed liy all iiarticipating. 

 bat the success was so great that it was resolved that it shrmld form 

 a jiart of all fntnre an]uinl niertina;?. 



ENTERTAINMENT, FEB. 2 



The local entertainment conimiltep, headed by the Lumbermen's 

 Club of Cincinnati, gave an elaborate banquet and vaudeville for the 

 visitors in the big banquet hall of the Hotel Sinton on this evening. 

 Previous to the banquet, a buffet luncheon anil refreshment parlor 

 were opened in the assembly hall, after which the guests marched to 

 the big dining-room at the oi>pcsite end of the hall. This hall was 

 artistically decoi'ated for the occasion and between the courses a"i3pro- 

 j'riate nuisie was provided. 



The banquet, which was excellent in every respect, was prepared 

 by the Hotel Sinton. The menu follows: 



MENU 

 Martini Cocktail D 'Artois of Anchovies 



Bouchees Mignonne of Caviar 

 Chablis Blue Points 



In naked lieauty more adorned 

 more lovely than Pandora. — Milton. 

 Cream of Chicken, Doria 

 A delicate odor as 

 .Xniuiilillado ever hit my nostril. — Pericles. 



Salted Almonds Olives Celery 



Chablis Bass, a la Havraise 



This dish of meat is too good for 

 any but anglers or very honest men. — Walton. 

 Moet & Chandon White Seal, 



Very Dry Filet of Beef, Printaniere 



When I have tasted of this sacred dish. 

 Then shall my bones rest in my father 's tomb in peace. 

 ' — Beaumont and Fletcher. 



Sherbet Creme de Menthe 

 Xot to know me argues your self unknown. — Milton. 

 Eoyal Squab, a la Clermont 

 Hominy Fritters 

 Here 's a pigeon so finely roasted, it cries, 

 Come, eat me. — Svsift. 



Head Lettuce, Hongroise 

 The tender lettuce brings on softer sleeji. — W. King. 

 Nesselrode Frozen Pudding 

 Mignardises 

 Then farewell lieat and welcome frost. — Merchant of Venice. 

 Camembert 

 Cognac Bachelor 's fare ; 



Apolliuaris In-pad and cheese and kisses. — Swift. 



(Cigars Coffee 



Cigarettes One sip of this will bathe the drooping spirits 

 in delight beyond the bliss of dreams. — Milton. 

 Following the banquet an elaborate vaudeville performance of high- 

 class talent was presented. 



The only speech at the banquet was by Cliff S. Walker, president 

 of the Lumbermen's Club of Cincinnati, in which he announced that 

 there wonhl Ije no speech-making. 



THE SESSION OF FEBRUARY 3 



This day's scssicoi did not commence until iL';!.') owing to the 

 immense amount of committee work that had to be accomplished. It 

 resolved itself into a single and concluding session. 



President Carrier introduced W. F. Biederman of the National 

 Lumber Manufacturers' Credit Corporation of St. Louis, who made 

 a brief talk setting forth the details of this company's credit rating 



book, collection department, reports, etc., and inviting everyone 

 present to become a suliscriber to his Blue Book. 



W. A. Gilchrist, chairman of the Sales Code and Inspection Rules 

 Committee, explained what this pi'oposed Sales Code consists of, and 

 after some discussion the following Sales Code and Inspection Rules 

 were adopted : 



SALES CODE AND INSPECTION RULES 



These Terms, Rules and Regulations were adopted by the Hard- 

 wood Manufacturers' Association of the United States. February 

 3. 19111, at its ci;;htli annual meeting, held at Cincinnati. Ohio, 

 and are known as the Sales Code and Inspection Rules of the 

 Hardwood Manufacturers' Association of the United States. 



When quotations, orders and contracts covering the sale of 

 forest products in which the members of this association deal, 

 contain the clause "subject to the Sales Code and Inspection 

 Rules of the Hardwood Manufacturers' Association of the United 

 States, adopted February 3, 1910," they shall be governed and 

 controlled (with such exceptions as are specifically made in 

 writing) by the following: 



Sales Code 



1. Quotations are based upon and orders and contracts ac- 

 cepted under a general contingency clan.se. which recognizes that 

 the .seller shall not be held liable for delays or non-deliveries of 

 material, when occasioned by strikes, floods, fires, epidemics, car 

 supplies, delays of carriers or any other causes, whatsoever. Ijcyond 

 the control of the seller. In any of these events, the seller may sus- 

 pend further performance under the same until such cansrs and their 

 effects shall have been removeil. 



2. All quotations are made subject to prior sale, change with- 

 out notice, and purchaser's credit rating proving satisfactory. 



3. All orders and contracts shall be in writing. 



4. All orders and contracts are subject to approval and accept- 

 ance at the main or home ollice of seller, and are not bind- 

 ing unless confirmed in w-riting. Such acknowledgment shall 

 contain all data appertaining to order, and shipment to be made 

 in accordance therewith. Omissions and errors to be corrected 

 by the [lurchiiser by return mail. All forms used shall show the 

 address of main or home ofhcc of seller. 



5. The delivered price (f. o. b. destination) includes only the 

 usual freight charges to jioint of delivery mentioned, and is 

 based upon the freight rates in effect at time of quotation, with 

 no allowance for switching or other terminal charges at destina- 

 tion. The seller does not guarantee the continuance of those 

 rates. In the event that freight rates change after acceptance of 

 order and before date of shipment, either party may cancel the 

 contract, if the other party refuses to make the price accord with 

 the changed rate. The seller does not guarantee safe delivery, 

 nor insure against breakage, loss or damage to material while in 

 transit. 



6. (a) When order, or contract, specifies definite time for ship- 

 ment, failure to ship within said time, gives the purchaser the 

 privilege of cancelling the order or contract by wire. 



(b) When no definite time for shipment is specifieil, the purchaser 

 shall not lie entitled to cancel such order inside of thirty days from 

 the date of order, without the consent of the seller. 



(c) Whenever shipments are not made within thirty days the 

 seller shall forthwith notify the buyer, giving reasons for failure to 

 ship. Purchaser shall then have the privilege of forthwith cancelling 

 by wire. Should he fail to so cancel, the seller shall have an addi- 

 tional thirty days in which to ship; pi'ovided, however, that in case 

 of special or worked material being on hand at the time of cancella- 

 tion, all material so worked must be accepted by the purchaser. 



(d) All material en route, or loaded preparator.v to shipping on such 

 orders, at date of receipt of cancellation, at home or main oflice 

 of seller (with three days' grace if home or main office of seller 

 is not at point of shipment) shall be likewise accepted. Otherwise 

 the order or contract shall remain in efl'ect, uncancelled, by nuitnal 

 consent. 



7. Seller must promptly send to purchaser an invoice for each 

 carload, or other shipment. Each invoice is due and payable as 

 follows: Freight is due upon arrival of shipment, and must be paid 

 by purchaser; original "expense bill'' (or certified copy thereof) 

 must be sent to seller: Balance of invoice (remainder after deduct- 

 ing freight) is due sixty days from date of shipment and bears 

 interest after maturity; Provided, however, that purchaser may 

 pay the same ten days after date of invoice with a discount of 

 two per cent; or thirty days after date of invoice, with a discount 

 of one per cent. 



All payments must be made in funds at par New York or 

 Chicago. Omissions and errors in invoice are subject to correction. 



8. If, during the life of any order, or contract, the financial 

 responsibility of the purchaser becomes impaired, or unsatis- 

 factory to the seller, cash payments, with above discounts, or 

 satisfactory security may be demanded, in default of which the 

 order or contract may be cancelled by the seller. 



