THE H A R 13 W O O D RECORD. 



THE MARKETS. 



CHICAGO. 



There is hardly any change in the loeal 

 niarlvet to speali of. In nearly all the 

 lines of harilwood.s there is just as mucl\ 

 seareity of dry stocks as at any time past. 

 •■ind prices, as a general thing, are well 

 maintained. Demand throughout the (mi- 

 tlre list is active. l)ut piu-ehases continue 

 to be made in as small a way as possible. 

 That is to .say, present needs only are hv- 

 iner looked after. 



There has been a decline, in a small 

 way to be sure, in prices on quartered 

 white oak and poplar. I'he t.'udency has 

 been that way for the past month or two. 

 and it has come along so gradually that it 

 wa.s barely noticejible during the time. 



.\side from these two instances tlie 

 situation is unaltered. Tliere continues a 

 strong call for all the northern liardwoods. 

 Basswoofl has gone soaring and there is 

 certainly a shortage in maple. Elm and 

 l)irch, while jirobalily in l)etter supply, 

 show no weakness. 



In southern hardwoods, with exception 

 noted above, theiv is the same kind <il 

 feeling. Quartered red oak is particularly 

 favored and plain-sawed stock is ready 

 sale. Demand for cottonwoed. in all 

 grades, keeps up and gum is in fairly 

 good call. 



The situation as regards nortliern hard- 

 woo<ls is exceptionally strong. With the 

 close of n.-ivigation but little more than 

 thirty days distant, stocks are very low 

 here. Tlie Chicago dealers have been 

 scouring the northern territory for any- 

 thing in the way of stock that could be 

 brought in to make a winter's yard sup- 

 l)ly, and they all report that the mill yards 

 and docks of .Michigan and Wisconsin 

 were never- so clean at this season. 



Taken all in all. the h.irdwood market 

 of Chicago could scarcely be in a more 

 favorable condition. 



PITTSBURG. 



Barring strikes, the lumber situation in 

 rittsburg is fully as good as dealers ex- 

 pected, but. iinfortunately. strikes are here 

 again, this time the kickers being the stone 

 masons and the plumbers. Their action 

 has summarily stopped a large amount of 

 building which was about ready for the 

 Hnishing lumber, and is holding in check 

 many large building projects which would 

 have been undertaken this month under 

 favorable lalxu' conditions. At present 

 contractors arc doing practically nothing. 

 This is having a depressing effect upon the 

 retail trade in the <'ity and dealers Yirc 

 Just now experiencing the annual lull in 

 l)nsiiiess which usuall.v occurs in midsum- 

 mer. A few of them think this is destined 

 to continue for some time, but most be- 

 lieve that the outlook is good for a large 

 winter's trade. 



Pi-ices have not i-haiiged to any marked 

 extent. Poplar advanced in sympathy 

 with the rise in Cincinnati, but not until 

 several days after the southern prices went 

 into effect. At present poplar is very 

 scarce in nnirket and it is almost impos- 

 sible to get dry liunber. Stocks are badly 

 broken, and, with the increasing demand 

 for this lumber in Pittsburg, there is a 

 probability th;it the price will hold firm. 



There Is still a big demand for dimen 

 sion timber, oak and yellow pine espe- 

 cially, for mines and trestle work. A few 

 tirms which cater to (his line of trade re- 

 port that there is a disposition among rail 

 roads to hold off their orders, pending 

 lower iirices. but this iipininii is nut lield 



by most dealers, who say that railroads 

 and mine <'onipanics are placing large or- 

 ders and duplicating them at prices never 

 paid before. Prices incline to be a little 

 lower and competition sharper than a 

 month ago. 



Oak and hemlock are Hrm at list prices, 

 liry stock is very hard to get. making the 

 demand for good luml)er steady. The de- 

 mand for car oak ;ind interior tinish. 4, .">, 

 (1 and .S ipiarter, is very large. There is 

 .ilso .-i first-i'lass market for chestnut, with 

 many iiniuiries fr(un large eastern con- 

 cerns. 



The yellow pine mills .-irc j\ist catching 

 up with their orders and the tendency to 

 .iccumulate stock is making them take or- 

 ders at a little lower tignre than a few 

 weeks ago. On the other hand, the con- 

 sumer has been led to believe that a liig 

 (lr(i]i in price was imminent and is de- 

 manding a large reduction. The whole- 

 saler, standing between the two factions, 

 is having some difficulty in placing his 

 business satisfactorily. 



MINNEAPOLIS. 



Dealers here liiul that the trade is not 

 of large volume, but it is calling for about 

 ;ill they can supiily. Under the circum- 

 st.-inces prices are strong and there is very 

 little report of cutting. There is abso- 

 lutely no need of that. Stocks are prac- 

 tii-ally all in strong hands and are being 

 held firmly at list prices. Itetail yards call 

 for some maple flooring and some oak di- 

 mension. Sash and door factories have 

 not many hardwood orders this fall, and 

 are luiying very sparingly. The furniture 

 factories buy only for immediate needs 

 and iu small (luantities. Box factories are 

 going after b.-isswood culls, for the buyers 

 are beginning to realize that the visible 

 supply is very limited, anil is sure to be 

 exhausted by the middle of the winter. 

 Sheds and yard facilities of the manufac- 

 turers w-ill be well filled ui) with stock to 

 tide over the expected famine. Plenty of 

 stock is being offered now. but most of it 

 at straight list price. 



Oak is as hard to get as ever. It is in 

 light demand, and for this dealers are 

 thankful. With anything like a lively 

 c.ill for oak, they would be helpless. Some 

 southern stock has been bought, but deal- 

 ers find it very hard to get shipments 

 through, and are waiting impatiently. 

 Some good-sized sales of birch have been 

 made lately at stiff prices, and there is no 

 disposition to make any concessions on 

 this stock. 



NE'W YORK. 



The situation here in hardwoods is a 

 jieculiar one as far as prices are con- 

 cerned, for there is no very great effort 

 being made to obtain the Cincinnati list. 

 Mltlnnigh trade is fairly good. The fact 

 of the matter is. that the c;isteru dealer 

 considers he is doing very well to obtain 

 the old figures, lor he does not consider 

 that the sititation warranted an advance 

 here. 



Of" cour.se. it was impossible for such 

 action to be taken witlimit strengthening 

 the market, but from tlie lirst wholesalers 

 here felt thiit the poplar advance, for in- 

 stance, could never be put through under 

 lu-esent conditions. .Manufacturers in the 

 South are reported as realizing what the 

 trade here is "up against," and are not 

 endeavoring to force imitters too much. 



Tlie nianuftictin-ing business around here 

 is not phenomenal, yet it is of the us\ial 



Cypress Hardwood Co. 



CYPRESS, ALA. 



nanulacturers of 



OAK 



GUM 



POPLAR 



HICKORY 



Correspondence Solicited 



HONECKER & SUMMERS 



Public Accountants 

 and Auditors. 



References Ironi prominent lumbermen, 

 leading capitalists and finan- 

 cial institutions. 



145 La Salle Street, 



Pooms 421 and 422 Roaaoke PIdg. r« u I r^ A /^ /^ 



Tei.kpiionk Cknthai. 42iit). V^ni VM^ W 



STAR SAW AGUMMER 



THE MOST DURABLE 



Vo mill t 



ST QUIOKLV ADJUSTED 

 I oft the Bmck.» of TMih. u •'<ll u ibe Oullel 



TESTIMONIALS 



I kflord to do without It 



E D BATnoHF Baidorr Ohio. 

 It I9 juil whu jrou My ii I* My youRKf «l boy op^nlr* it 



I Hanoxk Goahen, Trno 

 I uit«d anothrr make of Cummer before I houfcht * SUr la 1801. 

 I Hkeyounbent J W Goodwin. Pleatant Lake. lod. 



■ iiNurACTuMto mr 



MILLER OIL & SUPPLY CO. 



INDIANAPOLIS, INO. 



We Need Money! 



Buy our 



Fine Southern Ouni 



Log run or on grade—dry. 



Also— 



1 Car thiok Elm, dry. 



5 Cars (luurlereii Whlti' Oak, dry. 



2 Cars Poplar Ilex Boards, 



.T Curs plain White Oak, dry, 



.') Cars plain Rt'd Oak, dry, 



3 cars 1 In. to 4 in. Hickory, 



1 Car J'.; In. and 3 in. plain White Oak, 



Or most anything else in the hardwood Hue 



you can think of. Please 'Jcnd us yonr InMti'ry 

 to 



J. V. STIMSON, 



Huntingburg, ind. 



