The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-12-06
NEW LUMBER FIRM
SUCCEEDS TO BUSINESS OF e. b.
HUNTING & co.
CHANGE TO BE MADE JAN. l.
GRANGER-STUBBS LUMBER COM
PANY TO TAKE OVER BUSINESS.

Company VIII Commence With Paid
Up Capital of Observation-Disclosures
tiers of Concern to De Moved From
Baltimore to Savannah-Mr. Har-
vey Granger to BE General MAN.
nger of Whole Business-Mr. C. II.
Lewis of baltimore to Look After
business of Baltimore, New York
and Boston Ohices-Manufacturf
business, in Which Company VIII
Enter, to BE in Charge of Messrs.
stubbs-COmpany One of Largest In
Country, With Business Amounting
to Between $4,000 and $4,000
900 Annually.
E. b. Hunting & Co., the largest
dealers in yellow pine in the South. if
not in the country, will be succeeded
Jan. l by the Gran9er-Stubbs Lumber
Company. The new firm is composed
of Mr.. Harvey Granger, the present
manager of the Savannah office: Mr..
Furney B. Stubs and Mr.. Sidney ].
Stubs, of Macon, formerly connected
with the Bibb Land and Lumber Com
more, at present connected with the
Baltimore Office of E. B. Hunting g.
Co.
The new company, which will begin
with a paid-in capital of $150,000, will
remove its headquarters to Savannah.
The entire business of the company
will be under the management of Mr..
Granger, who will continue to make
this city his home. The headquarters
Of AtnN Y-s,, t. - l., Ta1f
more. The concern will continue the
present offices in Baltimore, New York
and Boston. These will be in charge
of Mr.. Lewis, who will continue to
live in Baltimore. The Messrs. Stubbs
will have charge of the manufacturing
of lumber, a branch of the business
that the new concern will add, and ex-
poets to largely develop
Headquarters in Savannah.
With the removal of the headquar-
tiers to Savannah the banking business
of the entire concern will, of course,
be done in this city. What this means
is shown by the fact that the volume
of business amounts in a year to ST.
500 900 to 81, 1000 900. The new company
will assume all the assets of the Sa-
vannah office of E. B. Hunting & Co,
as well as all the liabilities of the same
office, and will complete all untitled
contracts.
THE new firm, Mr.. Granger asserts,
will keep up the record of the old firm
or make an even better one. What this
means can best be explained by a
sketch of the growth and development
of the present concern.
1t was established in 1870 under the
firm name of Wilson & Hunting,
wholesale and retail lumber dealers of
Baltimore. A move to the South was
nd in yhnt,
tablished on the St. Johns river at
Jacksonville At that time the present
way of conducting the saw mill bust
ness was unknown. 1t was customary
to build the mill on a river and float
the timber to it in RATS.
Pioneers in the Business.
Wilson & Hunting were the pioneers
in the present methods of conducting
the business, that of building mills in
the heart of the timber stands and 1
making shipments by rail. This they
started at Fernandina in 1885. They
remained there, however, only four
years, leaving in 1889, when they came
to Savannah, where the old firm under
changes of name, possibly, but still the
same concern, has remained ever since
conducting wholesale and exporting
business.
When first established in Savannah
the volume of business was but 18.OOO-
600 to 20,000,00O feet a year, but it grew
steadily until the present year ship
ments, aggregating $4,000, 900 feet, were
made. Had the last six months of the
year been as good as the first six
this amount would have been even
much larger, for the shipments Of the
hrst six months were 90, 000 900.
1OO,OOO,OOO Feet of Lumber.
These figures refer to the Savannah
office alone. The firm does a large
business also through Fernandina,
where an office was established some
two years ago, and likewise ships
through Jacksonville. An office NAV
be established in Brunswick in a short
time. The amount of lumber handled
through all these ports now amounts
to 1O0,O00,000 feet. Mr.. Granger saws
the new concern will do an even larger
business.
Mr.. Granger has been with the con-
Germ since he was Is years old. and Mr..
Lewis has been connected with the
business for some twelve or fifteen
years. Mr.. E. b. Hunting of Ralti-
more, the head of the present firm.
will retire. The new firm will not be
q corporation but a co-narfnershiD