, 1880-02-05
THE LUnlBE1lAI-EN
e,nforouce Of tho Representatives Of
tho Pine Interests In the
Northwest.
ri. ,ru.eat. Stck nj All Important Points Being
0ttr Two Thousand billions,
All tbo Dealers Determined to Keep Up q
stiff Market,
s.vo,al Attempts to Advance Prices
Prove q Failure.
MORNING SESSION.

MORNING SESSION.
GATHERING 0r TIN DEALERS.
.t,mcn,,ng of tho Chicago liimbcr-t!cnlers
.a1 inat week, n rcsolniIon WIS Mtlnptcd rccIt-
49, tbnt The present situation Of tho litslncss
."c,nrTl 10 wnrrnnt not only tho maintenance
h,,t thc immediate advance of prices. TINT such
=, odvonro c,,u1t hest bu tnaic and s,istNinHd
hv Inc CONCERTED action Of tho entire trntlc. and
n,ort,lluE for tic appointment Of IL committee
~ communicate with tho Wholesale lumber
dealers md manufacturers OF tho Northwest,
and TO perfect arrangements for nm carly nicot-
.nr for this purpose. Tho Gull was widely circ,i-
isird, and tho result wns apparent ycstrrl0y
mornlug when, In response thereto, sot1io 600
rcnrcycnsnt,ves Of tho trado gathered thcE,-
soircs topethcr In tho lndfca' 0riltlry ut tho
Fremont flu,,sr. untl proceeded to consider what
'hSy Tc mns ,eins IN ~ WI, cMiic 10 orics W Mr. Tw.
uaryry, nt this city, who expressed his pleasure
Il seeing. Tho tsale 90 woll represented, l nnd
nnoU,ii,ation was t.lado ,,nanitno,ss. ~
Wr, Dean. m taking tho chnir, rcfnrrcd 10 tho
general objects Of tho meeting, aud the extent
snmo y, nau stoI00oo or s5o00Soo capital. It had
Srrn and vas tho desire 10 con.luot Tho business
Win more Judgment ~ and , Ia , ,GoIs sysonnt,G 9n @
become more and moro respected among the
tr..ic. Tn-lay, ms n result Of this syaten Of
wutk{nK III hfrInOay anu uu'st'tt tncto "to u
honcd hid to keep q, there It possible. IL
orAcr 10 do this, they needed tho cooGHrat'on Of
I'9sSse anSer u Vas Nv sor,h II lnmtcr beyond the ss
fissiprt was allowed 70 remaiIl *s' 1h,r l,ooo less
X, " .sssS ssss f s 1SE g. "ss Ssse;ss ;sas
IS ;s st wo ba n ctpe pfesqy s yesr as hs H.
s,Irpl,1s II tt0 feet wnlild soon he E0No. l'o
f"tTi msTciy ststc' theso nst,rca ly wuy q showing
mi aaI vu WHIT she co,ii tak0 care of thls year
Mr. X. II. liitchcnck wlM chosen Secrotnry, and
G. i. Stockhrdge, Of st. Paul, AsslstGnt. md tho
sshsnBers f%"TBE e.. s EeHs st
Ezrl Rust, snrlnnw; O.. H. !nFrl1n. Eau Clasrn;
0. II. Camp, Minneapolis; =. Hershey. Muscn-
tine; y. u. De'ancy' Hannibal; !. IurscSs Mil
Il tho suggestion of the Chairman. Assistant
Secretary st.Nknridae read eStrncts M from t tae
rctary Of tho Lunbcrnan,'s Exchange Of stock
ur, hand ami for sale Mt tho ninoty-oHc ynrs IN
md md shipments, sdi and comparative statement Of
STOCK IN THE NORTHWEST,
showing tho amount on hand at tho principal
points 6f manufacture md distribution OH INC
1st Of january for tho Inst four years. From this
report II appeared that thoro were 40, 700
Sc & ,snsss nass III tasG5 psses ss ap II hfS
feet or pickcts md 40 7b pieces Of cedar posts.
Tho tlccrcaso In stock since Jan. Inst WIS
shinRles, sno,ts ii piccea Of lath. u, ,i6o fcot Of
pckets, md I77,09f pieces Of cedar posts: The
compar!snn Of stock on hand Fob: !, IL lSSD: ~: and
Of lumber and umbor, 1905 pieces of lath:
sa shingles ani 1oo, II, pieces Of eod4r pesta A.
shipments % &sdl,ss Us feet 81 iaml,eF and as;oSo
s5 ssEs eet ho Of tFeiSps pSer 1oa ad ssnEo
hor or and I'd eiai ,ooo shingles Thc total stocs on
tsias ha q an nae@ @ g S Mas fea set Il t
at Lake Meh!gan points = sl The taa t2ta ala e.
slr (: 4: cafpsnteT q thls c.ty In EXPRESSING s
summed it nil Up BY saying That tho hody ought
be NO doubt that In tho past 1t Ind been sold too
lumber districts, coming together In this why,
could certainly form MI approximate conclusion
as to what ths nd sy you'd W ho na
Mr. W. E. Kelley, of this city, advanced Bimt-
Suur she COMING yes Mt; s Il vas l
aary, In order TO
MAINTAIN T1fK PRESENT PR1CEs,
x bnE Sbt ,n
@rs % selulcni,erx. Of ST. IL Los, Oh oCsotycd @ tSat
tho bulk Of iho Timber supply conferred IN chi.
caRo, whllo tho demand was moving west Of the
fdro, IL was necessary to look 1t il fron two
points,-tho locntloll Of tho principal mnrkctant
tho financial condition Of tho Western buycra
TO wunt Of Pruper nndcrstalldlng competition
hnd ut times pecn flcrcer ihnn WINS necessary
rfccs had noc1 inl..Ei9Asly affected sy she IN,
Ho believed as Ii hnd been stated, that tho In
auenco OF tho JtumoormeE's Exchange and Il
nt nes ssa fo f9es Ghcoao ~Sy wSrp 'c wcet
t"Kothar once moro. Certain and loflcit DIFF
ferbnccs hud boon cstnblshcd md those wers
thought II best to accept tho facts md work OF
taS p5eson. hs's = cdse,Eo TSs npst
Western markct,-tho territory embraced bo-
tweon st: Paul, st. Louis, and tho western short
% sS sSn proSsa os is ssi a aSf5 liz oPs ~
lnnchaury for otrceling those purposes TINT tht
Chicago dcn!crs and the lisn6or dealers scat.
tioH Of prices jnntly. lii was not fostering IN,
S%, fsr yssrs s, nr,st;f%iy n @ S prizes ier ~
Tho Mississippi 10 nct In harMnny with her.
After discussing for somo tln!o Just what the,
Stc, wanic to t., 90 aIa how 70 70 Mloot r. ths Con
lection Of tho
FOLLOWING COMMITTEES:
On Btock-stcsrs schuicnhorK, Toll, Daasctt
af;vey Carney p"ttGf K,s
Shnpcr, lelalt, Gcrrlsh.
,Froights-Mcssrs. Morrtam. Thompaoa, Nc
codSn Il Tra Ts isae Frsssns aaa aMa Prospective
.HCs5ra. Kelley, FiNl1cr, Thorpe.
ltcEnlalinn Of Trade lletwccn Lake MtchiEai
and Mississippi Rlycr-Mcsars .Hchtlcnbery. Car
eentnr, Hershey, Toll, Gould, Van Bchatck
4oclock.
AFTERNOON SESSION.
THE CONvEsrlOn wAs LATE
- getting to ortor Aftor tho RECESS, and owe
tnen tho committees wero not ready 10 repnrt
IN ot'lcF Ia I'LL In the time, An invitation wna e1
tendcd 10 MF. Joseph Whittier, prcs!d0nt OF th