46 



HARDWOOD RECORD 



May 25, 1919 



VESTAL LUMBER 

 & MFG. COMPANY 



INCORPORATED 



Soft Textured Oak 



Poplar 



Black Walnut 



Tenn. Red Cedar 



KNOXVILLE, TENNESSEE 



BAND MILLS AT VESTAL 



A SUBURB OF KNOXVILLE 



FONDE, KY. 



Lidgerwood Cableway 

 Skidders 



with Mechanical Slack Puller 

 Multiple Skidding Lines 



These exclusive features of the Lidgerwood Skidders 

 reduce time of hooking on logs to a minimum. 



Send for catalogues 



LIDGERWOOD MFG. CO. 



Originators of Overhead and Ground Steam Logging Machinery 



Chicago 96 Liberty St., New York Seattle 



New Orleans: 

 Woodward. Wight & Co., 



Canada: 

 Canadian Allls-Chalmers, Ltd., 



inaiKiypr of the Louisville plant, was in Cincinnati a few days ago, where 

 he attended the open competition meeting of the American Hardwood 

 Manufacturers' Association. 



The usual market discussions were passed up at a meeting of the Louis- 

 ville Hardwood Club on May 13, in order to give the entire evening to a 

 (liscuss^ion of the milling-in-transit matter, which is one of the principal 

 topics in luml>er circles at this time. This matter has been before the 

 Louisville Freight Traffic Committee for several months, but no decision 

 has been rendered as yet. J. H. Townshend of the Southern Hardwood 

 Traffic Association, and J. Van Norman, legal advisor for the organiza- 

 tion were i)re.sent at the meeting and discussed the matter. It is held 

 that Louisville would become a much larger hardwood market if it were 

 not discriminated against in the matter of the milling privilege, which 

 is accorded to many other cities. 



A warning has been issued by J. E. Barton of the Kentucky depart- 

 ment of forestry and geology, relative to chestnut blight which has 

 traveled us far South as Virginia, and which may shortly get into 

 Kentucky. Mr. Barton claims that there is approximately 2,000,000,000 

 feet of chestnut timber in Kentucky, which must bo protected from con- 

 tamination through bringing in outside stock. lie proposes to have a 

 legislative enactment created at the next session of the General Assembly 

 to prevent outside stock from coming in through quarantine measures. 



The Stout, Mahoney. Duckwall Company, Salem, Ind., one of the largest 

 manufacturers of talking machine cabinets in the country, has made ar- 

 rangements to double the capacity of its plant, due to the very heavy de- 

 mand for material and tinisbed talking machines. 



Walter Crim. Salem, Ind., was a recent visitor U> Louisville, and 

 while here attended a meeting of the Hardwood club, 



Barry Norman of the Holly Ridge Lumber Company, got all of his 

 mills in operation in April, after being blocked for months by water and 

 sliortage of logs. During April the company shipped more lumber than 

 during any previous month in its history. 



The Louisville Point Lumber Company is running at capacity again, 

 after being down for several weeks, during which period stocks were 

 nicely cleaned up. 



The Hardwood Market 



CHICAGO 



Cbiciigii is proceetliug satisfactorily as far as openiiig up of marliets is 

 concerned, the factory trade showing considerable interest in hardwood 

 offerings and the planing mill and other lines having to do with liuilding 

 work showing increasing interest in raw materials. 



If anyone doubts the future of the building situation in Chicago he 

 needs but talte a day off on any bright Sunday and proceed to the numer- 

 ous subdivisions now being opened and advertised in all the Sunday and 

 daily papers. One large subdivision of several hundred acres was opened 

 up on the west side three or four weelss ago, the lots selling for a minimum 

 cost of .$1,200 and the buildings being restricted to a minimum of $4,000, 

 making total minimum investment of $5,200. Regardles.s of this the 

 property had not been opened up more than three or four weeks before 

 seventy-five per cent of it was disposed of, most of this being in the 

 choicest and highest price section. 



This same condition holds good in the subdivisions in and aronnd Clii- 

 cago, and the whole tendency is to get busy and open up the available 

 residential sections. Not only are people finding difficulty in getting 

 rented apartments and dwellings, but they are seemingly undergoing 

 psychological reaction against paying rent, and this reaction is bringing 

 many to a definite decision to put rent money into building construction. 

 The result is going to be a very largo amount of building work carried 

 on during the entire summer and fall seasons. Chicago is going to use 

 big quantities of all kinds of lumber during this period. 



The factory trades and other lines are just about as active with the 

 exception of possildy the box business which still shows oIT cidor. but is 

 undergoing slight improvement. Everything is promising in the outlook 

 and the results are going to be even beyond expectations. 



BUFFALO 



The hardwood trade is on a fairly satistaclory liasis and seems to be 

 ready for further expansion in the near future. Orders are being placed 

 in a steady volume and most of the woods are participating. Manufactur- 

 ers are in shape to go ahead on a larger scale now that the last of the 

 Liberty loans is out of the way. They complain to some extent of the 

 shortage of labor. 



The general report is that hardwood prices are holding at a very strong 

 range and that some advances have occurred during the past month. The 

 mills have not been accumulating any .surplus stocks and there is a de- 

 mand for all the good luml)er produced. Plain and quartered oak are 

 still among the leading woods, though a number of others are in fair de- 

 mand. Stocks of quartered oak have been growing small, because of the 

 increased activity going on in the furniture business. 



