April 10, 1917 



HARDWOOD RECORD 



43 



who have allowed their stocks to become depleted are trying to secure at 

 least a fair portion of their requirements in as short a time as i>ussible_ 

 and this has found reflection in an unusually aggressive invasion of the 

 southern hardwood centers by buyers from the North and East. Mean- 

 time, production of hardwood lumber is being curtailed by unfavorable 

 weather and flood conditions, which have greatly restricted logging opera- 

 tions, and present indications are that, with both the rains and the floods 

 continuing, there will be even greater curtailment than is now noted. 

 Thus the situation resolves itself into a reduction of available supplies just 

 when the demand is unusually keen, with the result that prices are in the 

 seller's favor and with the additional result that some members of the 

 trade are inclined to withdraw all holdings from the market for the time 

 being. 



The gum market is exceptionally strong. Demand for all grades is 

 excellent and prices continue to advance on practically all descriptions 

 of stock. Even the lower grades are commanding the highest prices 

 ever known in both plain and quartered stock. The box factories are 

 buying all the box grades they are able to secure in gum and the same 

 is true of cottonwood, which shares the strong position occupied by gum. 

 There is some improvement reported in the demand for oak, with a good 

 call noted in the case of firsts and seconds red and white in plain. No. 1 

 and No. 2 common quartered oak is also in good request. Prices on some_ 

 grades of oak have advanced slightly recently, but the general oak market 

 is not showing quite so much snap as expected. This is said to be due 

 partly to the less active demand from furniture manufacturers, but princi- 

 pally to the lack of export outlets for this wood. Ash occupies a strong 

 position and there is a good demand for hickory, elm and cypress at firm 

 to slightly higher quotations. 



=■< NASHVILLE >= 



Conditions in the hardwood trade are reported as highly satisfactory, 

 with the exception of the traffic situation. The shortage of cars curtails 

 the amount of business that can be handled, and embargoes delay deliv- 

 eries. Hardwood men are very optimistic as to the outlook, believing that 

 whenever transportation conditions permit that they will have a big busi- 

 ness. It is probable that there will be some curtailment of production 

 on account of the car shortage. 



=■< ST. LOUIS >- 



Hardwood conditions are showing an improvement with the coming of 

 good weather, suitable for construction work and building operations. 

 Orders are coming in quite freely from the country yards as well as from 

 the factories and the volume of business from now on is expected to show 

 a continued improvement. The higher grades are in particularly good 

 demand, in spite of the fact that the car shortage is still acute, although 

 cars are getting more plentiful in certain sections of the producing terri- 

 tory. Prices on all of the better grades are strengthening, and on some 

 items where prompt shipments can be made. Prices are advancing. The 

 movement of high-grade oak is noticeably better than it was and that 

 class of hardwood lumber is selling quite well. Plain white oak and choice 

 quartered white oak is in the best demand. Gum, ash and poplar are hav- 

 ing a good call, especially dry ash. Poplar is quite active and firsts and 

 seconds are commanding good prices. Common is also moving well. The 

 demand for low-grade stock is increasing quite rapidly. This applies to 

 gum. ash, poplar, cottonwood and elm. The outlook for all items on the 

 list, both upper and lower, is pleasing to distributers, and prospects are 

 very encouraging. 



=•< LOUISVILLE >= 



The present demand £or all grades of hardwoods, veneers, dimension 

 stock, etc., has been unequaled in the history of the hardwood Industry, 

 according to leading members of the Louisville fraternity. At present 

 there is a good demand for almost everything, and orders are being turned 

 down dally, the mills being unable to cut enough material to supply the 

 big Immediate shipment demand, and In many cases lumber is being bought 

 almost off the saw. The embargo 'situation has shown vast improvement 

 •during the past few days, and shipments are now going forward to many 

 parts of the East which have been cut off for some time. Louisville hard- 

 wood manufacturers report that stocks on sticks are practically sold out 

 clean, and that delivery will be made as soon as the car shortage situa- 

 tion is relieved, it being almost impossible to secure cars enough at any 

 of the southern points. Inch oak stock, both plain and quartered, is pick- 

 ing up, the demand having been for the thicker grades for some time. Ash 

 Is showing up stronger in price and demand due to shortages and high 

 <3Uotations on elm, maple, birch and other items. Gum continues ex- 

 tremely active at high levels. Poplar is a very good bet, siding, bosboards 

 and everything being in good call. There is nothing in view but good 

 business for the walnut and mahogany manufacturers, who are far behind 

 on supplying orders for all classes of requirements. Logging is very 

 .late this season, due to bad roads, and has resulted in high prices for 

 timber. High prices are not tending to hold back sales in any manner, 

 and hardwood men report that the outlook is for brisk business through- 

 out the remainder of the year. 



Swain-Roach Lbr. Co. 



SEYMOUR, IND. 

 We Manufacture 



White Oak Elm Ash 



Red Oak Maple Walnut 



Poplar Gum Cherry 



Hickory Sycamore Chestnut, Etc. 



Can ship at once 3 cars ^i No. 1 Com. Plain Oak 

 At Two Band Mills 



STRAIGHT or MIXED CARLOADS 



PROMPT SHIPMENT 



Mutual Fire Insurance 



Best Indemnity at Lowest Net Cost 

 Can Be Obtaineil From 



Th* Lumber Mutual Fire Insurance Company, 

 Ths Lumbermen's Mutual Insurance Company, 



Boston, Mass. 



Mansfield, OhIs. 



The Pennsylvania Lumbermen's Mutual Fire Insurance Company, 



Philadelphia, Pa. 



Tha Indiana Lumbermen's Mutual Insurance Company, 



Indianapolis, Ind. 



The Central Manufacturers' Mutual Insurance Company, 



Van Wert, Ohia 



CINCINNATI 



Hardwood Manufacturers and Jobbers 



OHIO VENEER COMPANY 

 Manufacturers & Importers FOREIGN VENEERS 



Z624-M COLERAIN ATENUK 



C. CRANE & COMPANY 



Manufacturers of Hardwood Lumber, Oak & Poplar especially 



Our location makes possible Quick delivery of anything in timber and hardwood 



lumber 



The Tegge Lumber Coi 



High Grade 



Northern and Southern 



Hardwoods and Mahogany 



Specialties 



OAK, MAPLE, CYPRESS, POPLAR 

 Milwaukee, Wisconsin 



AU Three of Us WUl Be Benefited if You Mention HARDWOOD RECORD 



