HARDWOOD RECORD 



supply until another season's operations have matured in the form of 

 lumber ready to ship. 



lu view of the powerful demand for export lumber, on the one hand, 

 and the prosperous condition of business with domestic consumers on 

 the other, the prospects can hardly help favor rising hardwood values, 

 and certainly the market has every reason to be firm and steady. Furni- 

 ture manufacturers have found business so good that they are raisins 

 prices from five to ten per cent, as they have been justified in doing for 

 some time. Vehicle manufacturers did that some time ago, and as thr 

 demand is present, they are doing a good business under better conditions 

 as to profits. That makes for a freer movement of supplies and more 

 aggressive manufacturing operations. 



=-< ST. LOUIS y 



.•^ince Jan. 1 the hardwood situation has been quite satisfactory, both 

 in the way of business aud in prices. The demand has been good, much 

 better than during any corresponding period for some time. Dry stock is 

 very low and the demand is much bettor than the supply, in spite of the 

 fact that mill operations have continued almost up to the first of the year. 



Oak has been the best item in demand. Plain oak is particularly scarce. 

 Quartered oak is also in big demand. Thick ash is much sought after. 

 The result has been that high prices are obtainable for these three items. 

 Red gum and cottonwood command satisfactory prices because of the 

 scarcity. The cypress demand keeps up and is Increasing right along. 

 Buyers find this item hard to get and are willing to pay good prices for 

 it, if obtainable. Those having a good stock on hand can get good prices, 

 but are holding o£E anticipating a rise. . 



=-< MILWAUKEE >-= 



The local hardwood trade is decidedly more active than it was a fort- 

 night ago. Most of the manufacturing concerns have completed their 

 annual in^'entories and now have time to think of purchasing lumber. 

 Stocks at practically all the manufacturing plants are light and some good 

 orders will have to be placed within the next few weeks. Coupled with 

 this fact is the certainty that the coming building season will be prac- 

 tically as active as the past season, when all records in this city were 

 broken. The feeling everywhere seems to be that 1913 will be a banner 

 year for the hardwood trade. 



Inquiries from various sources and actual orders are increasing daily, 

 while dry lumber in nearly all lines is hard to get. Jobbers and retailers 

 say that further price advances are sure to follow within the near future. 

 Prices are firm in all lines. Dry birch is about exhausted here and manu- 

 facturers are looking for substitute woods, wherever possible. Most of 

 the sash and door and furniture concerns are looking for birch in both 

 upper and lower grades and are willing to pay good prices. The furniture 

 manufacturers e.'jpect a good business from now on. The implement manu- 

 facturers in this city and vicinity are running full time and placing some 

 good orders for hardwood. 



The situation in both plain and quartered oak is about unchanged, with 

 the supply almost exhausted. Southern concerns seem to be asking rather 

 stiff prices and local buyers are inclined to proceed carefully. The demand 

 for maple is strong. Basswood is moving well also. 



=•< LIVERPOOL >-= 



Market conditions here have not been very satisfactory for traders dur- 

 ing the past month. The congested state of the Liverpool quays and the 

 shortage of labor makes trade very difficult. At the present time there 

 are a half-dozen steamers in dock which have been in port for over a 

 fortnight without discharging their cargoes. Prices keep very firm, 

 although one or two lines show signs of weakening. One of these is 

 hickor.v. High prices have been paid and are being paid tor several ship- 

 ments which have arrived on consignment. The shipments, however, are 

 heavy — too heavy in fact. The extent of them has had the tendency of 

 frightening buyers. Shippers are warned not to send in any parcels of 

 such large dimensions. 



The mahogany position keeps keenly interesting and animated. All 

 information seems to confirm the small extent of the timber stocks on 

 the African coast, and it is predicted that prices will again advance at 

 the next sales. 



The round ash market is one of the finest here at the moment, espe- 

 cially with parcels of large dimensions. Brokers here are trying to force 

 the price up. Ash lumber is good and finds a ready sale, especially with 

 prime white ash stocks. No. 1 common stocks are also good, but buyers 

 here complain of the widths this stock is sold in — it is too narrow for 

 this market. If shippers could send No. 1 common ash 6" and up wide, 

 the stock would find more ready acceptance. The 4"x5" pieces are prac- 

 tically useless and this renders the value of No. 1 common stocks on a 

 much lower basis. Shippers are advised to send in the wider widths even 

 though the grading rules permit the 4"x5" pieces. 



Poplar stocks are a good point and find favor with most merchants 

 at enhanced prices, as also do shipments of prime oak, both plain and 

 quartered. Birch is scarce. Cottonwood boards in wide widths l"xl8" 

 and up are a good point and are bringing good prices for prime stock. 

 There is also a good market for No. 1 common wide stocks. Wide sap 

 gum stocks are also being imported in greater volume. Tupelo gum is in 

 more favor, particularly in %" stock. 



On the Following Stock We Will Make Special 

 Prices for Prompt Shipment: 



02,000 ft. IVr No. 'i Coniin.in l'..p- 



lar. 

 91.()0« ft. 2" No. 3 Common Poplar. 

 10,000 ft. 114" No. 1 and 2 «ild. 



I'oplar. 

 45,000 ft. U24" and up No. 1 and 



Panel Poplar. 

 30.000 ft. 3x» to 20 No. 1 and 2 



I'oplar. 

 15,000 ft. 4x18 and up No. 1 and 



Panpl Poplar. 

 5.5,000 ft. .5 8xlK" and up No. 1 and 



Panel Poplar. 

 1.54.000 fl. 1" S. \V. and No. 2 Tom. 



Chestnut. 



OU.OOO ft. I'4" S. W. and No. 2 torn. 



<'lles(nut. 

 .532.0OO ft. ly^" S. W. and No. 2 Com. 

 f'liestnnt. 

 40,000 fl. Ixl2" and up No. I and 2 



Chestnut. 

 40.000 ft. 1" No. 1 Com. Chestnut. 

 33,000 ft. IVi" No. I Com. Chi-slnut. 

 41.000 ft. IVi" No. I Com. Chestnut. 

 32,000 ft. 2" No. 1 Com. Clioslnut. 

 15,000 fl. lyy No. 2 Plain Oak. 

 I'IK.OOO ft. 2" No. 2 Com. Plain Oak, 

 (iO.OlM) (t. 1>/." No. 1 Com. Plain 

 Oak. 



The Atlantic Lumber Co. 



70 Kilby Street, Boston, Mass. 



Keys-Walker Lumber Co. 



.M.VNlIWCri RERS 



West Virginia Hardwoods 

 Soft YellowPoplar 



Oak — Chestnut — Bass — Hemlock, Etc. 



Rough or Dressed Write for Prices 



ROANOKE, VIRGINIA 



THERE ARE POINTERS FOR YOU 



In the new book we have just issued. If you have not 

 received a copy, send for one, using the form given. 



In "Pointers" we treat of timber investments and 

 values in a general way. Particular kinds or tracts of 

 timber in different localities are not considered in detail. 



We have given a glimpse of the facilities of our organ- 

 ization in this book, but are holding in reserve a big 

 supply of 



POINTERS 



about timber in all sections of North America, includiuR 

 the particular locality in which you may be interested. 

 Our organization is equipped to make preliminary e.\- 

 aminations or detailed reports on timber in any locality. 

 We shall be glad to co-operate with you in making that 

 next deal and are satisfied we can aid you to reach a 

 decision whether you wish to buy or sell. 



JAMES D. LACEY & CO. 



TIMBER LAND FACTORS 



Chicago, 1215 Old Colony Bldg. Seattle, 1009 White Bldf. 

 Portland, 1104 Spalding Bldg. 



JAMES D. LACEY & CO. 



1215 Old Colony Building, Chicago, III. 



Gentlemen: Please send copy of Pointers to 



Name 



Street or Office. 

 City 



Form O. 



State 



Clip above form and mall today. 



