HARDWOOD RECORD 



57 



INDIANAPOLIS 



There has not heen much activity in the 

 hardwood lumber trade during the last two 

 weeks. A few orders have been placed, but 

 they bave not been for large quantities. How- 

 ever, the business for the year compares very 

 favorably with that of 1910. Hardwood prices 

 are not advancing, but are holding their own. 

 Manufacturing concerns using hardwoods are 



Timber for Woodworkers 



A 5.000 to 0.000 acre tract in a South- 

 eastern state, only 6 miles from the main 

 line of the Southern Railway, is now for 

 sale. This tract is estimated to comprise 

 15.000,000 feet of merchantable lumber, 

 consisting largely of poplar, oak and 

 chestnut, with considerable bass, hickory, 

 locust and maple. There is also estimated 

 to be 200,000 cords of chestnut acid wood. 

 4.000 cords of oak bark. 2.000 cords of 

 pulp wood, and great quantities of chest- 

 nut poles and oak ties. This is an excel- 

 lent proposition when one considers it is 

 all in one boundary, tributary to a com- 

 mon point, all down slight grade to rail- 

 road, and a graded public wagon road 

 running through the center of the prop- 

 erty. Ten years given to remove timber. 

 For prices, terms, etc.. refer to file 10074, 

 and write M. V, RICHARDS. Land and 

 Industrial Agent, Southern Railway, Room 

 1367. Washington, D. C, or CHAS. S. 

 CHASE. Agent, Room 706, Chemical Bldg., 

 St. Louis, Mo. 



JUST OUT 



A Great Book 



— FOR — 



TIMBER 



LUMBER MEN 



This book entitled "Timber 

 Bonds." by T. S. McGrath, ex- 

 plains clearly how the stump- 

 age owner, timber operator 

 and mill man can borrow 

 money for long periods of 

 time. 



Prire. ^8 00: hv Mall. JBS g.5 . 



Craiff- Wayne Company 



38 Soath Dearb«rB St.. CHICAGO. ILL. 



7» 



ir 



BLUESTONE LAND & LUMBER GO. 



White Pine, Oak, 

 Poplar, Chestnut 

 and Hemlock Lumber 



WHITE PINE AND OAK TIMBERS ON 

 SHORT NOTICE 



RAILROAD TIES 



We own our own stumpage 

 and operate our own mill. 



Mill: GARDNER. W. VA. 



Sales Office: RIDGWAY. PA. 



running full time in Indianapolis and the imme- 

 diate vicinity. The outlook for next year ap- 

 pears to be very good. 



MEMPHIS 



The demand for hardwood lumber is com- 

 paratively quiet at the moment. This is re- 

 garded as the direct result of the fact that the 

 end of the year is approaching and that there is 

 the customary disposition on the part of operat- 

 ors generally to have as little stock on hand as 

 possible over the lirst of the year, when invento- 

 ries are taken. However, despite the quietness, 

 there is a more hopeful feeling among members 

 of the trade, some of whom are predicting a 

 better business after the turn of the year than 

 has been experienced for some time. The active 

 items here at present are red gum in No. 1 com- 

 mon and better, the lower grades of both Cot- 

 tonwood and gum, and plain oak in both red and 

 white. Quartered oak is still slow of sale, and 

 prices are not satisfactory, though conditions 

 are a little more favorable with respect to red 

 than white. The upper grades of sap gum are 

 moving in slightly larger volume, and there is 

 also a better demand for Cottonwood in firsts and 

 seconds. The former, however, has shown prac- 

 tically no improvement as to price. Cotton- 

 wood box boards are in good demand and are 

 very scarce, with resultant firmness. There is 

 very little doing in cypress and ash is irregular, 

 the demand being chiefiy for I14 to 4". The 

 supply of the latter is not particularly large, but 

 there is suflncient stock to prevent any material 

 advance unless there is a decided change for the 

 better in the demand therefore. Export business 

 is slow at the moment, and some members of 

 the trade say that they do not expect much 

 activity until after the middle of January. 



NASHVILLE 



Trade is holding up to the very eve of 

 the holiday season, and an increased activity 

 is expected all along the hardwood line after 

 the tirst of the new year. Prices continue 

 steady and no efforts are noted to force the 

 market. Plain white oak and "red gum lead in 

 demand. Low-grade poplar is also active. Ash 

 is steady. Chestnut is in fair call. Cottonwood 

 is in good demand. Some export shipments have 

 been reported recently, England taking oak and 

 gum. The box factories have been crowded to 

 capacity for some time. There has been an in- 

 creased demand, also, from the car building and 

 other consumers and this has added to the activ- 

 ity of the situation. 



KNOXVILLB 



Lumbermen in this city are beginning to check 

 up their stocks and not give any more orders 

 until after the first of the year. Trade condi- 

 tions are not by any means at a standstill and 

 while no one is working overtime to fill orders, 

 everyone seems contented with his share of the 

 business and ready to prepare for 1912. 



The retail yards are not overstocked with 

 hardwoods and the bad weather conditions which 

 always come at this season of the year and re- 

 tard the country stock from being hauled to the 

 railroad, will have a strong tendency to hold up 

 prices. 



Plain white and red oak is the leader in this 

 market with poplar and ash a close second. 



Chestnut continues steady and is being sold in 

 small quantities at good prices. 



BRISTOL 



Bristol hardwood lumbermen anticipate a bet- 

 ter market toward spring and the prospects are 

 that there will be a much larger volume of stock 

 produced in this section next year than during 



1911. There is a satisfactory volume of busi- 

 ness being done at present, but prices are not 

 what they might be. The railroads have all ot 

 their cars in service, and find difficulty in sup- 

 plying cars to meet the demands of the shippers. 



ST. LOUIS 



J 



Only a limited volume ot hardwood business 

 is being done at this point. Customers are get- 

 ting ready for inventory, hence are only buying 

 for actual needs. However, conditions as to 

 future buying are good. 



Plain oak leads in demand. Red gum is hold- 

 ing its own. B'irsts and seconds, select poplar, 

 and first and second and box board cottonwood 

 are being freely called for. Ash conditions are 

 quiet. Quartered oak is not selling as well as it 

 should at this season. Quartered red oak is 

 fairly active but this item, too, is much below 

 expectations. White oak is in better demand. 



The cypress trade has fallen off considerably 

 owing to the holiday season. Business, how- 

 ever, is as good as it usually is at this time of 

 the year. 



Prices are steady. As none of the mills are 

 trying to unload surplus stocks, few concessions 

 are being made. 



LOUISVILLE 



The hardwood lumber trade of Louisville and 

 Kentucky is inclined to view the new year opti- 

 mistically. The outlook for good, steady busi- 

 ness early in the coming season is much better 

 at present than it has been for several months 

 past, and lumbermen are inclined to agree that 

 some exceedingly bright spots show up in the 

 prospect. The trade agrees that 1911 has had a 

 slight edge upon 1910 in the matter of produc- 

 ing quality business. 



Plain red and white oak still rule as the best 

 sellers in the Kentucky market, there being 

 no appreciable changes in the relative positions 

 of various grades of lumber during the change 

 ot years. Poplar and quartered oak are also in 

 fair demand. 



MILWAUKEE 



The hardwood trade is naturally a little quiet 

 during the holiday season, but the prospects are 

 bright for a brisk business directly after the 

 opening of the new year. Just at the present 

 time, the manufacturers are doing most of the 

 buying. Jobbers are careful to ship only as fast 

 as new orders arrive. There are no signs of a 

 car shortage this year. TraflJc has not been tied 

 up by heavy snows and there has been but little 

 congestion in any line. 



There is a genuine shortage in some lines of 

 hardwood. Instances are reported daily where 

 it has been found impossible to secure shipments 

 of even No. 2 and No. 3 birch. No. 2 and No. 3 

 basswood is in brisk demand, but stocks are un- 

 usually light. Reports from the northern lum- 

 ber country indicate that there is no overstock 

 in the hardwood line in any localitv. 



SAQINAW VALLEY 



The hardwood market in this territory has held 

 up firmly as to prices during the fall. Ship- 

 ments have been generally satisfactory. Manu- 

 facturers are carrying moderate stocks of dry 

 lumber, but no excess is reported. Maple has 

 been called for actively, and stocks available for 

 shipment are sTnaller than they were last season 

 at this date. Trading in beech lumber has also 

 been brisk and the market firm. The output of 

 birch is not large and that commodity has ruled 

 firm all the year. During the early portion of 

 the year, basswood ruled dull and the there was 

 an accumulation of the stock. However, during 

 the fall months it has moved more freely. 



