24 



THE HARDWOOD RECORD. 



pect to put in a saw mill and work up the 

 elm and oak timber in that vicinity. 



* * * 



C. F. Stout, sales manager of the West- 

 boro Lumber Company of Westboro, Wis., 

 has resigned to go into business for him- 

 self, forming the C. F. Stout Lumber Com- 

 pany. He will remain in Westboro, and 

 conduct a general wholesale lumber busi- 

 ness, handling a good stock of hardwood 



in connection. 



* * * 



F. E. Lemma, a manufacturer of hard- 

 wood, located at Frederick, Wis., was a 

 business visitor in Minneapolis last week. 



* * * 



C. F. Osborne, of Osborne & Clark, the 

 local hardwood dealers, returned a few 

 days ago from a business trip to Omaha, 

 Kansas City and other points, and reports 

 that he found conditions excellent and 

 something doing in the hardwood line. 



THE MARKETS 



PHILADELPHIA POST. 



The Lumbermen's E.xchange created a 

 precedent on election night, when they 

 kept open house for their members to 

 hear the returns. A large crowd of the 

 members of the trade were present and 

 the innovation was voted a great success, 

 i • • 



Joseph A. McKenny has withdrawn 

 from the firm of Strong, Meckley & Mc- 

 Kenney and will engage in business in 

 Buffalo. A. P. Strong and Charles P. 

 Meckley will continue the firm business 

 under the name of Strong & Meckley. 



* * * 



James W. Anderson is the latest re- 

 cruit to the ranks of the wholesale lum- 

 ber dealers. 



* * * 



The firm of Nettleton & Miller has been 

 succeeded by 1. D. Miller & Co., Eugene 

 Nettleton having withdrawn. 



* * * 



The Bernard Smith Company has been 

 incorporated across the Deleware River, 

 in Camden, to carry on a general lumber 

 business. The company has $100,000 cap- 

 tal. The incorporators are Bernard C. 

 Waring, B. Gilpin Smith and William 

 Waring. 



* * * 



Joseph P. Dunwoody has been succeeded 

 in business by Jos. P. Dunwoodv & Co. 



CHICAGO. 



There has been no very great change 

 in the local hardwood conditions since the 

 election, nor was any material change ex- 

 pected, all of which goes to show the 

 steadiness of conditions. A much more 

 desirable state of affairs, all interests con- 

 sidered, could hardly be hoped for. A 

 gradual improvement has characterized 

 the business in Chicago since about the 

 first of August, and this continues, with 

 the outlook for next year favorable and 

 on the same lines. 



Plain oak is about the stiffest thing on 

 the market. There is a good demand for 

 it and still we hear of some orders being 

 placed as low as $36 on this market by 

 consumers. But those who know what 

 they are doing and are well informed, are 

 getting ?3 to $4 per thousand more. 



Quarter-sawed oak is in good demand at 

 a fair figure, though it is not what it is 

 expected to be six months hence. There 

 is only a moderate supply of this stock In 

 the country and it runs largely to the 

 lower grades. 



Poplar is selling freely and at the new 

 low price is getting a good market. 



Cottonwood has advanced somewhat and 

 basswood is still very weak, about the 

 weakest thing on the market. 



In northern hardwoods birch is probably 

 the strongest. Elm is offered in small 

 quantities and commands a good price. 

 Maple is holding its own. with prospects 

 of advancing soon. 



NEW YORK. 



New York, Nov. 19. 1904.— (Special Cor- 

 respondence). — The local hardwood situa- 

 tion continues to improve right along. 

 There was a time two or three months 

 back when the retail hardwood yards 

 throughout the district strucic quite a 

 noticeable lull in the demand, which was 

 naturally reflected in the wholesale market, 

 but beginning with the early fall trade, the 

 market has steadily improved and while 

 there cannot be said to be any great boom 

 on. inquiries and orders continue to come 

 out more plentifully right along. And not 

 only that, but prices which on the whole 

 have maintained themselves remarkably 

 well throughout the summer season, have 

 shown a tendency to harden perceptibly in 

 the face of the recent demand, and the gen- 

 eral opinion expressed is that the outlook 

 based on present indications is most en- 

 couraging. Right along this line it is 

 nothing short of marvelous to note the 

 great activity in real estate circles 



around the outskirts of the district 

 at the terminus of the various branches 

 of the new subway. Acres of vacant 

 lots are rapidly changing hands and 

 passing into the possession of build- 

 ing interests, which are already mak- 

 ing plans to improve the property at once 

 in order to take care of the big demand 

 for residential space in these suburbs on 

 the opening of spring. In addition to this 

 activity which is going to provide an enor- 

 mous amount of business to the retail lum- 

 ber interests on account of the fact that 

 practically all the buildings are to be en- 

 tirely frame, the volume of plans filed in 

 the regular channels throughout the city 

 are well up to normal, and unless every in- 

 dication fails, the metropolitan district is 

 in line for one of the biggest years in the 

 building trades in its history, during the 

 next twelvemonth. 



As an evidence of the revival all along 

 the hardwood line, it might be cited that 

 poplar, which has been way in the rear 

 for riiany months, has not only increased 

 in demand during the past thirty days, 

 but shows a tendency to better in price. 



Plain and quartered oak, particularly 

 the former, are the leaders in the local 

 demand, and good dry stock is difficult of 

 purchase in any volume, with the result 

 that prices are not only very firm, but 

 on some sales have shown an advance. 

 Ash is likewise firm in both price and de- 

 mand, and dry stock is not overplentiful, 

 while brown ash is practically out of the 

 market. Chestnut is moving well in its 

 particular line and the inquiry for bass- 

 wood is very fair. Birch is still called 

 for freely in those lines in which it offers 

 as a substitute for higher-priced material, 

 and maple has shown quite a decided im- 

 provement during the past month in the 

 manufacturing trade. 



In the local manufacturing trade pretty 

 much all of the firms are very busy on 

 their Christmas output of furniture, pia- 

 nos, etc., and that branch of the business 

 is quile brisk. 



PITTSBURG. 



Pittsburg. Pa., Nov. 22. 1904.— (Special 

 Correspondence.) — Thanksgiving finds the 

 lumber merchants of Pittsburg in a mood 

 tc eat and enjoy a regular old-fashioned 

 turkey dinner. They feel good in most 

 ways. Trade during the past year has 

 been better than they expected it would 

 be. For the past three months prospects 

 have been steadily growing brighter. The 

 result of the election took away whatever 

 doubt there might have been as to the 



\A/M. H.WHITE & CO., 



:Bo5me 01t>^, AJ:iolx, 



MANUFACTVRERS 



HARDWOODS and HEMLOCK, 



ANNUAL CAPACITY: 



30,000,000 Feet Lumber. 

 10,000,000 Cedar Shingles. 



MAPLE, SOFT AND ROCK ELM, 

 BASSWOOD, BIRCH, BEECH, 



Cedar Posts and Ties, Hemlock Tan Bark. 



RAIL OR WATER SHIPMENTS. 



