HARDWOOD RECORD 



41 



Lumber Company, at Maumee, Ohio, last week. 

 The thieves secured $12 to repay them for their 

 trouble. The explosion aroused the entire com- 

 munity, but the burglars made their escape and 

 have not been apprehended. 



Emanuel Brammer, an Ironton, Ohio, lumber- 

 man, was badly injured a few days ago at his 

 sawmill at Hart, W. Va., as a result of a log 

 rolling upon him, bending his bacli almost double. 

 He was taken to a hospital at Huntington, 

 where it is said he is slowly recovering. 



LITTLE ROCK 



The Wapakoneta Wheel Company, Wapakoneta, 

 Ohio, has extended its operations in Arkansas. 

 The company is capitalized liberally and has 

 made Augusta, Ark., its headquarters for this 

 state. Edward Trau, of Augusta, is named as 

 agent. 



A Kansas City land company is in the market 

 for a 15.000 acre tract of hardwood lands in 

 Searcy county. The timber desired by the com- 

 pany is white oak, hickory, etc., of which the 

 county in question has a great deal. 



The Red Biver Land, Timber and Transporta- 

 tion Company has sold its interests to the New- 

 port Packet Company, of which Frank F. Fee, 

 of this city, is tbe controlling factor. The 

 company operates boats on practically all of the 

 rivers in northeastern Arkansas and have been 

 instrumental in building up a large timber trade. 



The Mena Box and Manufacturing Company, 

 of Mena, Ark., has been chartered by the secre- 

 tary of state. The company is capitalized at 

 ?10,000. James L. Hogan Is president, R. 

 Duscnbery vice president and treasurer and W. 

 J. Falls secretary. 



What is reported as the largest single deal In 

 cross ties ever noted In Franklin county was 

 closed last week when McElroy and Wagner dis- 

 posed of 20,000 ties to the Wester Tie and Tim- 

 ber Company. The ties were valued at ?10,000. 



The Watklns Lumber Company of Mena, capi- 

 talized at $25,000, with a paid-in capital of 

 $14,000, has been Incorporated. W. E. Watklns 

 Is president of the new company. D. M. Watkins 

 vice president and J. T. Monroe secretary. 



The Paragould Handle Company of Paragould. 

 Ark., has filed notice of an Increase in its stock 

 from ?5.iiOO to $10,000. P. C. Scott is presi- 

 dent of the company. 



The large heading mill of F. Eeicb, together 

 with two kilns of lumber, was destroyed by fire 

 at Nettleton recently. The loss amounted to 

 $15,000. The factory will be rebuilt at once. 



Among the new industries installed by the 

 Granger & Kelly Bros. Lumber Company at 

 Eureka Springs Is a box factory, which has just 

 been opened for operation. 



The Vort Smith Lumber Company, which has 

 for the past ten years maintained its general 

 offices at Abbott, Ark., has removed the ofiBces 

 to Plalnvlew, a thriving new town in the lum- 

 ber belt being developed along the Arkansas 

 Central Railroad. 



The Arden Lumber Company, of which H. E. 

 Broman was manager, and which operated ex- 

 tensively In Little River County, has gone into 

 bankruptcy, failing, It is reported, for about 

 $2.5.000. 



St. Louis and Chicago arc buying extensively 

 of Arkansas gum. T. T. Green of Newport has 

 just closed a deal for 400.000 feet of gum. pur- 

 chased from the firm of Brady Bros., at Sunrise, 

 to he shipped to northern points. 



The H. Alfrey Company, a cooperage concern 

 of Memphis, has filed a copy of Its articles of 

 Incorporation with the secretary of state and 

 been chartered for operation. It Is capitalized 

 at $400,000. W. F. Alfrey of this city Is made 

 state agent. 



Warren G. Chase of the lumber firm of W. G. 

 & I. H. Chase, Plymoiith, X. II., died at his 

 home In that town .Tnly 14. Mr. Chase was 

 widely knnwn In the mnnufiKtnrIng business of 

 Now F.nElnnd. 



B. G. Phinney of Jacksonville, Fla., has been 

 on a trip to Boston and New York. 



W. R. Chester of W. R. Chester & Co., Boston, 

 and a member of the State Board of Trade, 

 sailed for England July 14 to attend the Peace 

 Conference. Before returning home he will visit 

 Germany, Holland, Switzerland, Italy and France. 

 Mr. Chester is making his first trip abroad. 



George W. Gale of the George W. Gale Lum- 

 ber Company returned last week from a European 

 trip. ^ 



The members of the surveyor general's office 

 presented Ralph L. Abbott, who recently re- 

 signed as surveyor general, with a diamond ring. 

 Mr. Abbott is now connected with the C. E. 

 Skinner Company as a salesman. 



The G. R. & I. and Ann Arbor officials were 

 here last week looking over the site of the new 



turpentine plant relative to putting in a siding. 



F. J. Cobbs and wife have returned from an 

 auto trip in tbe East. Mr. and Mrs. Cobbs vis- 

 ited the New England states and also New York. 



Charles T. Mitchell of Mitchell Bros, has re- 

 turned from an eastern trip. 



There is much talk of Cadillac becoming quite 

 a summer resort. Option has been given on 

 twenty acres of land facing Lake Mitchell, which 

 it is proposed to plot, the lots to be sold to 

 those who will erect suitable cottages thereon. 

 There is an important move to extend the boule- 

 vard around Lake Mitchell, the larger of the two 

 lakes adjacent to Cadillac. This would open up 

 additional resort spots, and no doubt be the 

 take place on that river, once famous for that 

 means of attracting a large number of desirable 

 resorters each season. 



A big drive of logs on the Manistee river passed 

 through Greenwood township one day this week, 

 headed for the Peters mills at Manistee. That 

 will very likely be the last drive that will ever 

 kind of log transportation. 



Hardwood Market. 



(By HASDWOOD KECOBD Exclusive Market Beporters.) 



CHIC AGO 



The smile has come back to the faces of most 

 of tbe Chicago hardwood jobbers and to the 

 hardwood salesmen from abroad. Last week 

 showed the largest sales that have occurred in 

 months. While local market conditions have 

 not reached the high-water mark of the early 

 part of last year, they are in very satisfactory 

 shape. In consumption Chicago is leading all 

 other cities of the country. Generally speaking, 

 all the woodworking factories are fairly busy. 

 Local building, especially flat construction, is 

 tremendous, considering the year. There are 

 said to be twenty-five miles of street front of 

 buildings being erected in Chicago at the pres- 

 ent time. As practically every one of these 

 buildings requires hardwood finish the aggregate 

 In this line should be immense. 



Without exception dealers are reporting Im- 

 proved sales conditions and everyone is optimistic 

 over tbe immediate fiituro. 



i|iiiet call. Cypress is still offered by a few mills 

 at concessions, but others are trying to work 

 the market up gradually to a more satisfactory 

 business level. Whitewood is in moderate call in 

 this market and prices are practically unchanged. 



NEW YORK 



Dealers in hardwood lumber are beginning to 

 be a little more optimistic in their views for 

 the future, becaus.^ inquiry of late has developed 

 In a few wry i,..ing placed. Not 



only are th. ,t their offices to 



take care of in miiil orders feeling 



more hopeful I v.- found their cus- 



tomers more williug tu talk. While prices are 

 not materially higher, manufacturers are less 

 willing to offer good stock at concessions. Manu- 

 facturers of interior house finishings are not as 

 busy as usual at this season of the year. The 

 furniture manufacturers are beginning to do 

 more, and from now on a more normal business 

 Is anticipated. At the hardwood mills stocks of 

 lumber are not large and buyers have kept their 

 stocks down to as low a point as possible. When 

 business does resume its normal proportions, It 

 is expected there will be a marked advance. 



Plain oak is offered In fair-sized blocks, and 

 it Is still possible to buy from some mills at 

 low prices. Quartered oak Is in better request 

 and supplies are not large. Dealers report they 

 cannot find as much good quartered oak as they 

 thought they would be able to. Spanish cedar 

 is reported as being in larger call from manufac- 

 turers of cigar boxes. Mahogany is steady with 

 a moderate demand. Maple flooring is steady, 

 with demand from some quarters larger than it 

 has lieen of Inrc. lieecb and elm are in lallior 



The hardwood market at New York rules 

 steady, but Is to a large extent featureless. The 

 trade has settled down to taking business as it 

 comes for the summer season, but with a gen- 

 eral belief that the early fall and winter will see 

 Improvement In trade. This belief seems to be 

 well founded by reason of tbe slow but steady 

 improvem-ent noted In commercial circles as a 

 whole plus the fact that supplies will not be ex- 

 cessive in any of the hardwoods when the turn 

 comes. The supply feature of tbe market seems 

 indeed to be the chief factor iu holding prices 

 and trading on their prosout basis, and the fact 

 is now well realized that, while there is ample 

 stock for present actual needs, the mill capacity 

 has been so reduced through the financial de- 

 pression and stocks In the hands of buyers have 

 been allowed to so run down that even a little 

 turn for the better in the matter of demand will 

 be immediately felt in the price situation. With 

 the awakening to these facts has come a con- 

 stantly lessening tendency to force or crowd the 

 market. Of course this is not to say that prices 

 do not show considerable adjustment from the 

 standard previous to the panic, but hardwoods 

 show a less percentage of readjustment than any 

 other class of lumber. Bottom prices have been 

 reached all . around and any chaiige must not 

 only be for the better but very much so, when 

 the relation of supply and demand is considered. 



The local yard trade Is scattering and desul- 

 tory, but on account of the low ebb of stocks 

 in the hands of the manulacturing and consum 

 ing trade the wholesale market reports a fair 

 call for ash, basswood. poplar and oak, the liisi 

 three being not over plentiful for prompt ship- 

 ment and prices very firm. Birch, chestnut, 

 maple, etc., are more plentiful, with light de- 

 maud and consequent price fluctuation. 



-^— - PHILADELPHIA — — ^ 



The last fornighfs business report is much 

 more satisfactory as regards the hardwood 

 end and general confidence is gaining fiber 

 every day. Inquiries are coming in more 

 lively and there have Wen some very fair 



