Savannah morning news. [volume] (Savannah) 1868-1887, 1886-11-18
NEW YORK LUMBERNiEN.
A New Association, Its Aims and
Objects.

From the Ne3o Yrk Commercial Bulletin.
Though the yellow pine dealers of this
city made an abortive attempt some
months ago to form an association for their
mutual protection and benefit, the lumb Der
dealers seem to have met with better sue
cess, for during recent period they have
ORGANIZED an association which bids fair
10 be, in sense, important. The lumber
men have hitherto had no combination.
! Individual firms have managed their
| transactions in the old-fashioned way,
looking up buyer or seller and making
the most Of him. Naturally, in the alb
sence OF organization, trade irregulari-
ties have crept in which no one person or
hrm has been able to suppress. Accord
ingly, the New York Lumber Trade AS
ISOLATION" has been formed, and among
Its promoters are 10 be found the strong
| est men in that interest. Though 1t is
not proposed to transact business on the
floor in the sense of meeting to buy and
sell, the associations certificate of incor-
p0ratlon, nevertheless, is similar to that
or the Produce and other exchanges. 1t
Will, toFfnstance, endeavor to foster trade
and commerce, protect it from unjust or
unlawful eXactlons, diffuse accurate and
reliable information among its members
as to the standing of merchants; also
valuable information relative to the
lumber interests of this ana sur
rounding cities, produce uniformity and
certainty in the customs and usages of
trade. and in short promote a more en-
larged and friendly Intercourse between
merchants. With such a certificate OF
purposes, it is not difficult to perceive
that the scope OF the association is ulti-
mateiy intended to be wider than merely
extending the hand OF good Fellowship to
each other. The trustees are Charles A
Meigs, Thomas Ii. Ogden, Ichabod T.
Williams, Chauncey Stevens, Leander
Stone, +. P. Wallng, Tucker David, o.
b. Dowd, John s. Mason, Jesse D. Crary,
William Gibson, Abram Il. Buckhout,
George HagemeYer, Charles Il. Pell
and Alfred w. Budlong. The
President Is lchabod t. Williams; FIRST
Vice President, Charles A. Meigs;
Second Vice President, A. w. Budlong.
Constitution and bylaws have been
drafted, and meeting was held yester-
day for the purpose of ratifying them.
Committees on arbitration, admissions,
appeals and inspection nave been APP
pointed. The past dOings of the new
organization appear to be somewhat en-
veloped in mystery; but Vice President
Melgs, speaking to reporter yesterday,
cleared much of this away by making the
said he, while legally formed, is simply
in embroyo as yet. We are not going to
make an exchange OF it to meet daily and
buy and sell. We may consider that by
and by. There are, however, some
abuses which individually we cannot
very well remedy, but which collectively
we shall be able to redress. Take for in
stance the matter OF credits. II a man
buys $1,000 worth Of lumber and pays only
$1,000, ne may 20 and make similar con-
tracts elsewhere. AT present We have no
members except the incorpOrat0rs. but it
is our intention to get in all outsiders who
are disposed to join us. They, however,
oannotvOte on matters coming up for dis
cussion and action. One great object is
to secure uniformity and concerted action.
II we should have any dispute with the
railroads, you can readily see what little
effect one OF us might have in securing
our rights, but when all the lumber trade
speaks with united voice then we should
nave stronger chance of being listened
TO. The distribution to manufacturers of
car lots will also be regulated and put on
a more satisfactory footing. AS things
now stand, we have to go all over the city
In case we want to see each other on these
and other matters, which is very incon-
venient indeed"