v^355?5&,^ WALNUT. 

 OAK. 

 ASH. 



V-f^.tee* 



^%oS.S^' »^^P^^«- 



T H F HARDWOOD RECORD. 



The Markets. 



BOYNE CITY 

 LUMBER CO. 



BOYNE CITY, MICH. 



Michigan Rock Meple and oiher 

 MicMgan Hardwoods. 



Largs Capacity. Prompt Stiipments. 

 Rail or Cargo. 



"-r*-*m. rME:\A/ iviii_i_" 



BECOMING SCARCE 



in most sections of the countr)-, and the 

 prices of tracts of timber land are very- 

 high. These conditions, liowevcr, do not 

 apply to the territory- in Soutlieast Missouri 

 and Nortliwest Arkansas traversed by the 

 lines of the 



Wliile and red oak, liickory, walnut, 

 poplar and ash of the very best quality 

 and of lieavy growth can be secured, and 

 sawmills, stave and handle plants and 

 other w<x)d workinE industries will find 

 that section offers superior advantages as 

 a location. 



For maps, pamphlets and full informa- 

 tion address 



M. SCHULTER, 



INDUSTRIAL COMMISSIONER, 

 Commercial BIdg , St. Louis. Mo. 



CHICAGO. 



The labor dlHlurbaiieos In ChlcUKo. 

 whilo not enKaKlMK linos connoctod with 

 till- luniluT Industry (llrootly, Inivo not Ihh-m 

 wiltioiil th«>lr offret. Thon- has heon mi 

 much HKltntlon of ttils sort Iktc In other 

 linos of Industry Hint ovon tluiUKh thi-rc 

 was nollihiK of a very threatening nature 

 In the wood consunilnR linos, It has fur- 

 nistied those who were particularly sensi- 

 tive to such dannor a reason for huylnn 

 conservatively and a pretext, at least, lo 

 try anil depreciate the market. 



It has come to be a Kfnoral belief amonK 

 the lumber trade, however, despite this 

 bearish phase, that prices will be main- 

 tained, as a rule, throuKhout the season, 

 arrivhm at this conclusion by reason if 

 shortage of slocks and the Kenoral pros- 

 perous conilltlon of the country. 



It Is probably a tact ihounh. as we have 

 heard It expressed In various quarters, that 

 the wind Is belnp; taken out of the sails, 

 as well as sales, of abnormally high priced 

 stock, and in a way thereby benefiting 

 the list as a whole. 



In one or two specific cases the deraan<l 

 here became so active, as it did every- 

 where else, and supply so very short, that 

 fictitious values were formed. Quartered 

 white oak, for instance, reached an abnor- 

 mal stage, selling up to as high as 

 $80 for one-inch firsts and sec- 

 onds less than a month ago. 

 It has been on the decline since, though 

 not on account of a reversal of conditions, 

 since the supply continues imequal to the 

 demand. It had the effect while in ascen- 

 sion, how-ever, of increasins the demand 

 for quartered red as well as plain stock, 

 and a good substantial gain in pi ice was 

 made in these items. 



Many think, too, that poplar went beyond 

 its natural level, though up to date it has 

 shown no tendency to decline. It con- 

 tinues to sell readily at top notch prices. 



The stimulation in plain oak was fully 

 warranted and faith in the permanency of 

 its advance is evidenced by a disposition 

 to buy unsparingly. 



Northern stocks are keeping pace with 

 the southern product, although on account 

 of season, navigation being in full blast, 

 are arriving in larger quantities. .lust at 

 this time of the year there is generally a 

 sagging in price, but an exception can be 

 noted this year. In fact, there is an in- 

 clination to advance the price in bass- 

 w-ood and a degree of firmness throughout 

 the list. 



NEW YOKK. 



r.'iken Jis a uIkjN- llie biudwcKicl situn- 

 ti<in in New York City, sini-e the retail 

 ynnls have opened vip .'ind are doing liusl- 

 iie.ss as before, is one from wliieh eonsld- 

 e:-able satisf.-ietion can be derived. The 

 ill iiiaiid from the nianufai-tnriiig trade — 

 till- makers of hardWood trim, of furniture, 

 of pianos, of costly cabinet work. etc. — is 

 v( ry good, wliile the call from the .vard.s. 

 a ■• is natural since the embargo has been 

 mised. has greatly iiiiiiroved. 



Ill a word, those who have it to sell, 

 expericni-e no dlHii-nlty wbatever in plac- 

 ing good. \velI-maniifacttii-(Hl stock at the 

 lop iiotrli prices. Of course the poor, badly 

 made .ind just as badly gi-aded stuff 

 il< cs not fare so well. But then, of course, 

 no one sells the latter kind, and so there's 

 no use talking about it. 



As far as the woods themselves .Tre con- 

 II nied, poplar is still in the van, with $53 

 lioing readily obtainable for good inch 



Htock, nr><li iind Hpotinds. Kvoii ouIIh nro 



bringing ■ lone lo If^U.'i. and there U not ii 

 niiliiliiiil supply of elthi-r. 



t^uarteiiil oiik also i-oiitlnues to be very 

 Ilrin iiiid \i-ry Kcnri-e mh well. To be con- 

 si rviillve. one should iiiiole prices as iiny- 

 wliere from .^T."! to .<so for firsts iind sec- 

 onds, iilllioiigli It Is eurr-enlly reported that 

 .•SK'J Iind even .SS."! has In'on obtained. 



riiiln white oiik Is llnding ii ii-ady iniir- 

 kel lit (l.'l. and ilieslnilt, wbieli Is iietive 

 for iiiiuiiirMi'tiiriiig purposes, brings $!(» for 

 olie-llieli sloi-U of the best grildes. .Vsli, 

 « lileli has greiilly linprovetl of late, brings 

 SU ivndllx. 



Kill Utile I'lin be said of the exporl triido. 

 which Is fair In voltiiii«. although the for- 

 eign biiyer-i Iind II liiird to reeoiiille tliem- 

 selvoM to paxlllg the llii-reiised llmili-s for 

 stock. 



PHILADELPHIA. 



The llinilii'l' dealeis ale Jusl beglnilllig to 

 leel the severe elTeels of the laipeiilers' 

 long strike. The yiirds are unusually i|Ulet 

 ami the lily trade lias sillTei-ed a decided 

 slump. lie.-ipite Ibis fact the prices of 

 hardwoods have fallen but little. Indeed, 

 miiiiy lumber dealers say that the strike 

 lias done no liarni. as. even if it had not 

 taken place, the scant supply would have 

 made it impossible for tlieni to have fur- 

 nislieil any more lumlier than Ihey are 

 now doing. Although the i-ity trade is 

 weak, the wholesalers report gisiil business 

 in the country districts. Ituilding aclivi- 

 ties in tlie suburbs continue to demand a 

 large share of the available lumber sup- 

 ply. 



Prices have changed but little within 

 rtcent weeks. The stock of all woods is 

 still short and barely enough to mwt the 

 demands. Ilemloi-k has become a rarity 

 in the lumber market as a result of the- 

 recent forest tires which have been raging 

 tlironghout reiinsylvaiiia. 



CINCINNATI. 



Although thus far the weather has been 

 very mild, the usual slump in business 

 common to ilie summer months seems al- 

 ready to be w-itli us. At any rate, in- 

 qciries are not near as jilentlfiil as they 

 have been and the general tone of the 

 market not so liriii as we have been ac- 

 customed to. This state of iifTairs does 

 not seem eoiifined solely to this market, 

 as many of the callers on the local trade 

 seem to Iind this condition general. 



No doubt tile inactivity iiotictHl in car- 

 riage and furniture cin-les has a groat 

 deal to do with this. The yards of the- 

 heaviest consumers in this lerrlioiy do not 

 sKin to be overstocked, and. judging from 

 this, the demand ought to be good. Fact* 

 do not seem to bear out this judgment 

 and i-oiidilions are as above reiiorted. 



The retail, and the yard trade still con- 

 tines fair and in building circles there is- 

 110 let up in the rush. 



From yellow pine quarters much coin- 

 plaint is beard because of the advance in 

 rates. 



In oak tilings are pretty much the same. 

 Inquiries in general are good and in many 

 cases supply is unavailable. 



For the liist time in many months comes 

 the report from tlie cottonwooil dealers 

 that trade in their conimodit.v is a trifle 

 light. This seems to .bo true of most 

 grades, even bo.v common being in lighter 

 demand that it has been for a long time. 

 Wagon box boards are still in fair de- 

 mand and there is not much complaint on 

 the call for mill luUs. 



In poplar, also, things are slackening up 

 some, although culls are still in good do- 



