46 



HARDWOOD RECORD 



1909 ; twelTe have the same supply as last year, 

 and twenty-four firms have a greater supply 

 than in 1909. 



Taken as a whole, these figures indicate about 

 the same .supply of hemlock as in 1909, and a 

 somewhat ccreater supply of hardwoods. 



which has readily recognized that this plan will 

 effect material economy in its big sixty acre 

 yard. 



Building Operations for April 



Oflicial reports from some forty cities through- 

 out the country as compiled by The American 

 Contractor, Chicago, show an aggregate gain of 

 10 per cent for April, 1910, as compared with 

 April, 1009. Greater New York scored a gain 

 of 3 per cent, which is quite an improvement as 

 compared with previous months of this year, 

 and is the means of making an aggregate 

 gain. Fifteen cities show a loss of from 

 3 to 41 per cent and twenty-six show gains from 

 2 to 228 per cent. Gains over 100 per cent 

 were as follows : Atlanta, 120 ; Hartford, 129 ; 

 Los Angeles, 228; New Haven, 144; Oakland, 

 219 ; San Antonio, 160. Particulars are shown 

 in the following table : 



April, April, 



1910. 1909. Percent 



City. Cost. Cost. G'n.L's. 



Atlanta $1,111,177$ 504,662 120 .. 



Baltimore 1.802,310 1,076,715 67 . . 



Birmingham .S67,42S 274,415 33 . . 



Buffalo 875.000 060.000 . . S 



Chicago 7,837.200 8,047.900 . . 2 



Cincinnati 1,180,885 965,765 22 . . 



Cleveland 1,711.165 1,322,153 29 .. 



Dallas 401,565 349,037 15 ,. 



Denver 1,184,500 1,157,650 2 .. 



Des Moines 151,050 160,915 .. 6 



Detroit 1,134,700 1,344,700 .. 15 



Duluth 237,480 339,285 . . 30 



Hartford 572,945 249.895 129 . . 



Kansas City 1,823,830 1,553,990 17 .. 



Los Angeles 3,360,577 1,019,957 228 . . 



LouiSTllIe 296,259 274,432 7 . . 



.Memphis 349.967 313,223 11 . . 



.Milwaukee 920,462 1,226.845 . . 24 



Minneapolis 2.234.610 1,401.955 59 . . 



Nashville 114,609 119,229 . . 3 



Newark 1,828,419 1,443,169 26 .. 



New Haven 763,608 311,547 144 . . 



New Orleans 408,068 319,360 27 . . 



Manhattan 15,891,311 17,349,750 . . 8 



Brooklyn 4,300,100 4,536,457 .. 5 



Bronx 5,637,320 3,323.985 69 .. 



New York 25,828,731 25,210.192 3 .. 



Oakland 1,621,423 507,120 219 .. 



Omaha 583,005 489,350 19 . . 



Paterson 219,271 176,840 24 , , 



Philadelphia 4,589,300 5,087,660 .. 9 



Portland 2,014,777 1,651,195 28 .. 



Rochester 1,409,147 1,153,029 22 .. 



St. Paul 1,160,373 1,137,616 2 .. 



St. Louis 2,326,885 3,679,690 ,. 36 



San Antonio 685.248 255,825 160 .. 



Scranton 196,223 158,145 24 .. 



Seattle 1,389,005 2.071,990 . . 32 



Spokane 873,169 1,089.450 .. 20 



Toledo 266,Sl7 397,291 . . 32 



•Wilkes-Barre 260,585 442,514 .. 41 



Worcester 522,738 338,463 64 . . 



Total $75,613,911 $68,583,169 10 .. 



•Wilkes-Barre issued one permit of $300,000 in 

 April, 1909. 



Concrete Foundations for Lumber Piles 



Concrete foundations for lumber piles, as re- 

 cently exploited in Hardwood Recukd, are at- 

 tracting considerable attention among foremost 

 lumber manufacturers throughout the country. 

 Several large institutions, recognizing the econ- 

 omy, usefulness and cleanly methods involved in 

 pile foundations of this character, are adopting 

 the system for their several yards. 



The editor of the Recokd visited the big yards 

 of Cobbs & Mitchell, Inc., at Cadillac, Mich., a 

 lew days ago, where this system has been in- 

 stalled by Superintendent Henry Ballon, and 

 has gained some additional information concern- 

 ing the making of these blocks. The concrete 

 blocks are left in the moulds for twenty-four 

 hours and are then dumped out for complete 

 seasoning. The average cost of the blocks, based 

 on the price of cement and labor at Cadillac, 

 is approximately seven cents each. No lumber 

 yards in the United States present a neater 

 appearance than those of Cobbs & Mitchell, and 

 beyond the economy of using concrete for pile 

 foundations is the added value of safety from 

 lire hazard. 



Among the institutions that are now installing 

 concrete foundations in their yards Is the Tellow 

 Poplar Lumber Company of Coal Grove, O.. 



Lumber Underwriters Appoint New Deputy 

 Attorney and Associate Manager 



The Lumber Underwriters of G6 Broadway, 

 New York, have been fortunate in securing the 

 services of Louis H. Parker of Chicago as 

 deputy attorney and associate manager at their 

 New York office. Mr. Parker at present is gen- 

 eral agent at Chicago for the Svea Fire & Life 

 Insurance Company, Ltd., but has resigned that 

 position to go to New York with the Lumber 

 Underwriters. His experience as an underwriter 

 and general manager fully equips him to assume 

 ills new duties, and at the same time gives the 

 Lumber Underwriters a man of unusual force 

 and executive ability qualified to keep pace with 

 the organization's growing business in the field 

 of lumber fire insurance underwriting. 



Mr. Parker was born in western New York 

 thirty-seven years ago. He entered the insur- 

 ance business in the office of the Millers & Manu- 

 facturers' Mutual Insurance Company at Min- 

 neapolis in 1892, went to Chicago as special 

 agent of the Cook County Department of the 



New York, is manager and attorney-in-fact for 

 the Lumber Underwriters, and Mr. Parker will 

 have direct charge of the details of the insur- 

 ance business. 



LOUIS H. PARKER, DEPUTY ATTORNEY 

 AND ASSOCIATE MANAGER LUMBER 



UNDERWRITERS 



Rockford & Security Insurance Companies In 

 1894. He was made associate manager of that 

 department, and in 1897 opened the St. Louis 

 department for the same companies, which was 

 operated with success until 1900, when the 

 Rockford reinsured in the American of Newark. 

 Shortly after this he resigned from these com- 

 panies, and accepted the position of Special 

 Agent with Weed & Kennedy lor northern Illi- 

 nois, Iowa and Nebraska, for their four com- 

 panies, the Helvetia, Ealoise, Netherlands and 

 Svea. When the Svea severed its relations with 

 Weed & Kennedy Mr. Parker continued with the 

 former and subsequently was appointed general 

 agent for the entire western union field operated 

 in by that company, comprising the states of 

 Illinois, Indian,!, Missouri, Nebraska, Minnesota, 

 Wisconsin, Michigan and Kentucky, 



The Lumber Underwriters is the original In- 

 surance organization outside of the mutuals con- 

 fining its underwriting exclusively to lumber and 

 lumber working risks. The fifteen lumbermen 

 underwriters are well known in the lumber trade 

 and stand for right premium charge to lumber- 

 men, prompt adjustment of losses by lumbermen, 

 and feel entitled to the patronage of the trade. 



E. F. Perry, secretary of the National Whole- 

 sale Lumber Dealers' Association. GG Broadway, 



To Discuss Industrial Accidents 



The beginning of a new era in the safeguard- 

 ing of the country's vast industrial army will 

 be witnessed at the fifteenth annual convention 

 of the National Association of Manufacturers, 

 to be held in New York City May 16, 17 and 18. 



The vital necessity of preventing accidents in 

 industrial establishments has been brought home 

 to the three thousand manufacturers forming 

 the association. Five hundred thousand persons 

 suffer from accidents each year in the United 

 States. Two hundred and fifty million dollars is 

 the estimated economic loss annually in this 

 country due to accidents, and at least one-half 

 of the accidents are considered preventable. 



This serious condition and the fact that other 

 countries, such as Germany, England and 

 France, have established museums of safety and 

 have enacted laws looking to the prevention of 

 accidents, have led the National Association of 

 Manufacturers to make the two subjects. Pre- 

 vention of Industrial Accidents, and Employers' 

 Liability Insurance the principal features of the 

 coming convention. 



The attendance of men prominent in the va- 

 rious industries has been assured, and it Is 

 expected that the discussion will occupy the 

 greater part of the second day. A thoroughly 

 compiehensive report of a committee appointed 

 some time ago by John Kirby, Jr., president of 

 the National Association of Manufacturers, will 

 be made, and the convention will be addressed 

 by Prof. Frederick Remsen Hutten of the Ameri- 

 can Museum of Safety, Miles M. Dawson, who 

 has studied accident prevention abroad for the 

 Russell Sage Foundation, and by other eminent 

 speakers. 



President Kirby advocates sending experts to 

 Europe this summer to study the various sys- 

 tems at close range from the employers' stand- 

 point. The convention will undoubtedly give a 

 strong impetus to the entire range of subjects 

 connected with accident prevention and liability 

 insurance. The undoubted earnestness of pur- 

 pose on the part of the entire membership gives 

 promise that measures will speedily be adopted 

 to stop the great industrial loss both of human 

 life and of money. Among the many prominent 

 men who have been invited, and who will in all 

 probability attend, can be mentioned. Cardinal 

 Gibbons, Speaker Cannon, Secretary Nagel of the 

 Department of Commerce and Labor, J. P. Mor- 

 gan, E. H. Gary, Paul Morton, Senators Root, 

 Nelson and Borah, Congressmen Denby, Fordney, 

 and Fassett, and Judge Daniel Davenport, who 

 conducted the famous Danbury Hat case. 



The Public Securities Company 



A public offering is now being made for the 

 cumulative seven per cent preferred stock of 

 the Public Securities Company, an investment 

 banking corporation being organized by Homer 

 W. McCoy, 181 La Salle street, Chicago. The 

 company is organized under the laws of New 

 Jersey, with an authorized capital of $20,000,000, 

 of which $10,000,000 is first preferred stock, 

 ?2.000,000 second preferred stock, and $8,000,000 

 common stock. 



The corporation is designed to cover a field 

 heretofore practically unoccupied in the Middle 

 West, and promises not only profitable returns, 

 but supplying capital facilities to finance crea- 

 tive enterprises on local capital. Its chief ob- 

 jects are to purchase or underwrite entire bond 

 issues : to carry, under proper safeguards, for 

 syndicates of responsible underwriters, entire 

 issues of bonds on a profit-participating basis ; 

 to conduct a wholesale business in bonds and 

 investment securities, dealing with trust com- 

 panies, banks, insurance companies and bond 

 houses, and to undertake the financing of gas. 



