December 25. 1916 



HARDWOOD RECORD 



possession of an old sawmill which was purchased by the Copper River 

 Land Company ten years ago but was never operated by that owner. 

 The mill was erected twent.v-nine years ago. It will be dismantled. 



43 



The Hardwood Market ( 



< CHICAGO >• 



While inventories have checked purchases for current use to a consid- 

 erable extent, the past couple of weeks in Chicago have seen (juite a 

 tendency toward the placing of orders for next year's deliver}- — and the 

 further tendency has been to meet in some cases quite sharp advances in 

 prices for next year's stock over the prevailing figure. The veneer 

 situation in particular locally has kept up actively with no great effect 

 from the closing of the year. The lumber situation, however, shows more 

 slackening on this account. 



Chicago lumbermen and wood consumers are still complaining bitterly 

 over the car situation, there actually having developed quite a definite 

 difiBculty in the matter of securing shipments from northern lines for 

 points not directly on those lines. In fact, a partial embargo of this 

 character has developed. 



In fact, with everything indicating strength, the year closes in Chicago 

 with in many cases record accomplishments on the books and the brightest 

 of outlooks for 1017. 



< BUFFALO >- 



The hardwood market is hampered to a large extent by embargoes at 

 present and the railroads are unable to give lumbermen any promise of 

 immediate relief. Conditions are such down East that lumber is being 

 moved oftentimes by motor truck and handled out of the car at junction 

 points beyond which the railroads are unable to move it. Such condi- 

 tions are burdensome to manufacturers who want the stock and who 

 know that the Buffalo .vards have it to sell. But this situation is ex- 

 pected to right itself before long and the local yards are doing a pretty 

 good business, in spite of handicaps. 



Prices in all woods are holding firm and the prediction is heard that 

 within three months figures will be higher still. Building and factory 

 operations are going ahead in a fairly active manner, though contending 

 with the drawbacks of embargoes and car shortage. Locally cars are fairly 

 plentiful and none of the yards has experienced much delay in getting 

 shipments loaded. 



Maple and birch are among the leading woods, though of course oak 

 is selling in good shape, especially thick stock. There is a fair demand 

 for poplar, elm. ash and chestnut. Everything is wanted for quick ship- 

 ment, which is considered evidence that no heavy stocks are being 

 carried by the consumers. 



=-< PITTSBURGH >-= 



The year is closing up in very good shape. Wholesalers in hardwood 

 have not been hit so hard the past few months as dealers in pine. The 

 reason is partly that stocks of hardwood were more available at the 

 mills and partly because of the car shortage within a radius of 200 miles 

 of Pittsburgh, has not been so severe as on the southern lines. For this 

 reason, deliveries of harwood have been more regular and the larger pro- 

 portion of the business booked has gone" through to the conclusion, 

 thus making the totals for the year larger in proportion than those of 

 the wholesalers in the pine. In southwestern stocks demand for hard- 

 woods is exceptionally good. The automnbile demand promises to break 

 all records. Manufacturers of furniture, dealers in implements, etc.. are 

 putting in large requisitions for next year and seem more disposed to 

 pay the very high prices now prevailing than a few weeks ago. Retailers 

 have bought in pretty good quantities the past month, insisting that de- 

 liveries will be from thirty to sixty days off. Prices everywhere rule 

 high and are going higher. Most wholesalers regard the outlook for 

 the first half of 1917 as very good. 



.< BOSTON >-= 



The market in New England is ouiet. but this condition is consistent 

 at the end of the year, especially with the involved conditions of freight 

 traffic and domestic and foreign commerce. The principal effect of 

 adverse conditions is on the volume of business, quotations not being 

 disturbed to any extent. More than ordinary activity prevails in the 

 factctries of this section and if supplies of stock remain constant, there 

 is outlook for a good winter trado. 



=-< BALTIMORE >= 



While no great expansion in the movement of hardwoods oi' upward 

 trend in prices may have occurred in the last two weeks, such develop 

 ments as have taken place are favorable. The inquiry is perhaps more 

 active than it has )ieen, although _j\ithin the last few days the influence 

 ef the end of the year has begun to make itself felt. This is not to be 

 regarded as an indication of weakness, for the yards generally carry 



Williams 



Lumber 



Company 



FAYETTEVILLE 

 TENNESSEE 



-MANUFACTURERS- 



Middle Tennessee 

 HARDWOODS 



Soft -Textured Qtd. Oak a Specialty 



You Can See Logs Like These 

 on Our Yard Any Day 



STIMSON 



VENEER AND LUMBER 

 COMPANY, INC. 



p. O. Box 1015 Memphis, Tenn. 



MANUFACTURERS 



Hardwood Lumber, Rotary Cat 

 Veneers, Rotary Cut Gum Faces, 

 Cross Banding and Cores. 



All Three of Us Will Be Bene6te<l if You Mention HARDWOOD RECORD 



