34 



THE HARDWOOD RECORD. 



Poplar figures at $45 and $46 for 1 and 2 

 in 4-4 and 5-4. Sap $11 cheaper, and common 

 brings $32. while shipping culls are quoted at 

 $21. 



Louisville. 



riain oak is the chief feature in a stroug 

 hardwood market in Louisville. Oak has been 

 in demand since the first of the year and in 

 consequence of this the price is steadily ad- 

 vancing. In fact, in the past two weeks the 

 price has advanced about $1 and if the present 

 demand keeps up further advances are expected. 

 Other classes of oak and particularly quartered 

 oak are rather quiet, although the trading in 

 them is better than it has been for some time. 

 Poplar is dead, there being little or no trading 

 and the price being down. The demand for 

 other classes of hardwood is fair. 



The outlook, however, is very promising, in 

 view of the fact that furniture factories, box 

 factories, handle and barrel factories are run- 

 ning full force. The two plow factories are 

 working full time as are also the various organ 

 and piano factories. 



Inside flnisli men report things quiet at the 

 present time, although they are preparing for a 

 big business in the spring. Traveling men for 

 these hou.ses report conditions all over this sec- 

 tion of the country to be in good shape. 



The recent rise in the various small streams 

 out in the state has been of vast benefit to 

 lumber men in that they have been able to 

 get heavy log vows down before another freeze- 

 up. 



Grand Rapids. 

 General market conditions tor Michigan hard- 

 woods seem to l)e improving. Local dealers re- 

 port that they are receiving more inquiries than 

 usual and the feeling is ver.v hopeful. The 

 January sales of furniture in this market have 

 been very satisfactory, the aggregate of orders 

 placed being ahead of last January. Indeed, 

 such large concerns as the lierkey & Gay Furni- 

 ture Company state that the season has been a 

 pleasant surprise to them in the amount of busi- 

 ness placed. Huyers of furniture from nearly 

 every section of the T'nited .States have reported 

 excellent prospects for the spring trade, the 

 only exception noted being in territory adjacent 

 to St. Louis, where some reactionary influences 

 of the exposition are being felt. 



Indianapolis. 



The market for Indianapolis and vicinity dur- 

 ing the past week indicates an improvement in 

 the hardwood lumber situation. Inquiries have 

 been numerous for nearly every grade of lumber. 

 Present indications are that the stocks of dry 

 lumber, which are not at all larje now, will 

 practically be taken up by spring. The plain 

 white and red oak is aluuit all taken up, while 

 there Is also a fair demand Utv quartered oak. 



A fair volume of business is expected during 

 the remainder ot the winter, with a livelier mar- 

 ket for the spring months. Prices are being 

 maintained. 



Memphis. 

 The movement in lumber is fairly free now. 

 with stocks of a moderate degree. Thicker 

 etock in quartered white oak seems to have the 

 best call. Plain oak of all descriptions sells 

 readily. Cypress is in good demand. A con- 

 siderable Iuipr(»vement has been manifest In 

 Cottonwood recently and stocks on this wood 

 are not as heavy as might have been expected 

 during the dull time. The export trade is a 

 little more encouraging. Inquiries are coming 

 Into the Memphis market from the East and 

 from the middle west In a satisfactory fashion 

 and a number of buyers have visited the market 

 personally. A good many Memphlans themselves 

 will be out the coming week attending the asso- 

 <-latlon meetings. 



Ijoudon. 



A general inactivity characterized the trade 

 throughout the year, which has been difficult 

 and rather unsatisfactory. Early in the year 

 values generally ruled high, but later there was 

 a serious decline in prices of some of the leading 

 articles, and buyers, losing confidence, acted with 

 caution. The result was, most of the season, a 

 very quiet market. Toward the close of the 

 season some improvement was established and 

 values now appear firmer, with slightly better 

 all-around tone in the business. On the whole 

 deliveries have been satisfactory and present 

 slocks, although adequate, are not too large for 

 the time of year, should arrivals continue mod- 

 erate. Freights have been all in favor of the 

 importers, having ruled low throughout the year. 



Bristol, Va.-Tenn. 



The lumber situation in this section contiu\u>s 

 good, and local dealers and manufacturers report 

 that they expect somewhat better prices within 

 a few weeks, and with this in view are declining 

 many offers for stock. Oak Continues in tlie 

 lead in point of price and demand, while poplar 

 is fast rising to its former place of market 

 prestige and demand. Chestnut Is in good de- 

 mand. White pine and hemlock are also in good 

 market condition. Dealers In this section are 

 receiving many inquiries for sound wormy chest- 

 nut, and shipping cull poplar, with proffers of 

 good prices. The majority ot these inquiries 

 come from Cincinnati. The tiueen City market 

 is reported much lietter in this section. 



Boston. 



The consensus of opinion among a group of 

 .\ew England hardwood dealers Is to the effect 

 that stabilKy In prices is very desirable at the 

 present time In hardwoods, more especially per- 

 lia|)s In spruce and C'ther lower cost soft- 

 woods. To sum up the estimate olj the situa- 

 tion, and put It in the form of a warning — a 

 sudden and considerable advance in prices will 

 tend U\ discourage the I^astern consumers from 

 undertaking much new work, while on llie other 

 hand if prices are permitted to go lower, even 

 slightly, consumers will refrain from purchas- 

 ing wherever possible, hoping to buy lower when 

 the bottom prices are reached. 



Inch quartered oak Is new .selling at .$75. rts. 

 ing to as high as $S2 andi $83. The demand 

 for this wood is comparatively light, even at 

 ' f $75 mark. If the price of this partliiilar 

 Item should descend to approximately $70, it 

 '« ctild probably result in revival of the de- 

 mand. 



.\s Ihe demand for quartered oak has de- 

 creased In the past, so the demand for plain 

 cak continued to become relatively greater, but 

 a scarcity of the latter has been gradually de- 

 veloping, and prices have advanced until now 

 $50 Is quoted for iTich. ones and twos. At this 

 price the volume of demand l« beg'.nning to de- 

 .rrpse n< the difference of ?25 between plain 

 ard i]uartered stock is too slight, and in con- 

 s-'queniT If Is probable that the sale of i)laln 

 I ak will continue to diminish until prices fall. 

 or the sales of quartered oak. in consetjuence, 

 pvobably Increase until the price of that item 

 rises. 



The demand for brown ash has been exccp 

 I'onal. so that dry stock has been practically 

 (Uit of the market for several months. Prices 

 have advanced until inch, ones and twos, are 

 !>' w quoted at $4S. Even at this price stock (o 

 till orders is hardly obtainable. The continu- 

 ance of th" past sea.".on's brown ash conditions 

 will probably result in a substantial increase 

 in the next year's cut, which means an over- 

 supply, and the latter condition will naturally 

 ii-" followed by a drop In price. Consumers have 

 learned that brown ash will satisfactorily an- 

 swer many purposes, and In consequence It 

 often happens that white ash can be purchased 

 at prices lower than that of the brown, which 

 is a reversal of Ihe ustiai conditions. 



Logan 4 Maphet 

 Lumber Co. 



MANUFACTURERS AND DEALERS. 



PtNE AND 

 HARDWOOD 



Watch This Space for Stock. 



White Pine. 



HO cars 1 inch log run. 

 2 cars l}i inch No. 1, 2 and 3 com- 

 mon, 

 (i cars 1 inch No. 4 common. 



Yellow Pine. 



') cars 1 % inch No. 1 and 2 clear. 

 2 cars 1 |i inch No, 3 clear. 

 7 cars 1>^ inch No. 1 common. 

 10 cars 1 inch log run. 



Poplar. 



2 cars 1 inch 1st and 2nds, width 18 

 inches up. 



1 car 1 yi inch 1st and 2nds, width 

 18 inches up, 



2 cars 1,'+ inch 1st and 2nds, width 

 18 inclies up. 



10 cars 1 inch 1st and 2nds, width 8 



to 17 inches. 

 10 cars 1^4 inch 1st and 2nds, width 



8 to 17 inches. 

 .5 cars 1,V inch No. 1 common, in- 

 cluding select, 

 1 car each 1 % inch and 2 inch No. 1 

 common, including select. 

 l."> cars 1 itich No. 1 common, includ- 

 ing select, 

 4 cars 1 inch clear bright sap. 

 20 cars 1 inch shipping culls. 

 10 cars 1 inch mill cull. 

 1 car each I'i inch and 2 inch ship- 

 ping cull. 



Mills: Clinton {Band Mill), La FoUette. 

 Pioneer and Turleys, Tenn. 



Office: IOS-107 Empire Building 

 KNOXVILLE, TENN. 



CYPRESS 



We make a specialty of rough or 

 dressed Cypress Lumber and Cypress 

 Shingles in straight or mixed cars. 

 Your inquiries solicited for single car 

 orders or good round lots. Can also fur- 

 nish Sound Cypress Dimension Stock. 



The Borcherding Lumber Co. 



Northern Ollice. 



CINCINNATI, OHIO. 



