flaMwoM RocoM 



Published In the Interest of Hardwood Lumber, American Hardwood Forests, Wood Veneer Industry, Hardwood Flooring, 

 Hardwood Interior Finish, Wood Chemicals, Saw Mill and WoodworHing Machinery. 



Vol. XXI. 



CHICAGO, FEBRUARY 25, 1906. 



No. 9. 



Published on the lOlh and 25th o( each month by 



THE HARDWOOD COMPANY 



Henry H. Gibson. President 



FRA.NK \V. TUTTLE. Sec-Treas. 



OFFICES 

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COMING ASSOCIATION MEETINGS. 



National Wholesale Lumber Dealers. 



The fourteenth annual meeting of the National 

 Wholesale Lumber Dealers' Association will take place 

 at Willard's Hotel, Washington, D. C, on Wednesday 

 and Thursday, March 7 and 8. 



National Hardwood Association. 



The ninth annual convention of the National Hard- 

 wood Lumber Association will be held at the Gayoso 

 Hotel, Memphis, on Thursday and Friday. May 3 and 4. 



General Market Conditions. 



General market conditions in hardwoods the eountiy over still 

 remain very good. However, the prices of plain oak have stimulated 

 output wherever conditions made it possible, and apparently the wood 

 is in better snpplv in certain localities than for some time past. 

 Salesmen in Xew York and the eastern market generally are offering 

 more plain oak than at any time for a year, and while prices gener- 

 ally hold pretty firm, there is no attempt to radically advance them. 

 In spite of vigorous efforts to increase the price of quafter-sawed 

 oak in the eastern market, sellers have not succeeded in securing 

 any advance. 



Chestnut in common and better is in splendid demand, with some- 

 what increasing values. Xorthem hardwoods are showing improve- 

 ment every day. The Michigan Maple Company, which controls the 

 larger proportion of high-class maple manufactured in the country, 

 has recently slightly advanced its prices, and alleges that the stock in 

 sight is quite a little less than a year ago. The new price list of this 

 company, which is an index to maple values, will be found elsewhere 

 in this issue of the Hardwood Eecobd. Birch, basswood and other 

 northern woods are also in increased demand at very satisfactory 



values. Many producers in the Xorth allege that they have more 

 advance sales on their books than at any time for years. 



The request for cypress is beyond the abUity of manufacturers to 

 supply, and the wood is being sold strictly in accordance with the 

 advanced price list put out three weeks ago. 



Poplar and cottonwood, as well as all other southern hardwoods, 

 are in excellent demand, and prospects are very good for a strong 

 season 's trade at satisfactory prices. The recent tides in the rivers 

 of the mountain districts have brought down an unusually large qxian- 

 titr of poplar logs for this season of the year, and there is promise 

 that this wood ^vill remain in very good supply for some months to 

 come. However, it is very much needed in the general market. A 

 good many buyers during the last six months have been obliged to 

 substitute other woods for poplar, since they could not obtain the 

 necessary quantity of it. 



There is an improvement noted in the foreign trade, and indica- 

 tions point to a much more healthy condition prevailing abroad than 

 for many years. There are decidedly improving values in mahogany, 

 both in Great Britain and on the continent, which will greatly 

 stimulate values in both plain and quartered American oak, as mahog- 

 any is the chief competitor of these woods. Another feature that 

 will help oak values abroad is the recent advance made in Austrian 

 oak. The increased request for oak at better .values abroad has also 

 influenced black walnut, which is in better shape on the continent 

 than it has been for years. 



The demand for both maple and oak flooring stUl continues very 

 strong, and the factories are taxed to their utmost capacity to keep 

 up with orders. This is especially true of clear and No. 1 in 2% 

 inch face. 



The veneer people are having lots of business, but their lack of 

 anything like an accurate cost schedule makes it doubtful if many 

 of them have made very much money dxiring the past year. The 

 recently organized veneer and panel people will doubtless establish 

 a basis of values at a considerable advance. Of late, veneer prices 

 have been so relatively low as to militate very seriously against 

 advancing the price of quartered oak and the good end of birch. 



The New Veneer and Panel Association. 



A majority of the members of the newly organized Xational Teneer 

 and Panel Manufacturers ' Association had a very interesting meeting 

 at Chicago last week, in which it was demonstrated beyond question 

 that comparatively few veneer men know how to estimate cost, or 

 that competition from ether manufacturers who do know how to do 

 this is so severe that they are selling the product at a much lower 

 price than they should receive for it. Hitherto this important and 

 growing element of the hardwood industry has neglected the matter of 

 association organization, and it was made apparent that it is high 

 time these people got together for an analysis of methods, cost .and 

 value. 



Information was disseminated at this meeting which will be of 

 undeniable interest to the great number of veneer and panel makers 

 who have as yet failed to ally themselves with the progressive men in 

 the trade who have established this organization. A full report of 

 the various discussions and proceedings of this meeting is published 

 in this issue of the Hakdwood Recced, and a careful reading and 

 analysis of it is worth the time of every veneer maker in the country. 



Like other associations in their infancv, this one has vet tailed to 



