HARDWOOD RECORD 



47 



conditions are iuttrfering witli iiroductiun, iunl 

 there is a shortage of logs which may have a 

 somewhat serious bearing on the supply of lum- 

 ber for the late winter and early spring trade. 

 The recent strengthening tone of the market is 

 regarded as an indication of a rather better 

 level of values in the early future. 



The demand for plain oak in all grades is 

 goorl but all interests of the trade complain of 

 the rather unsatisfactory call for quartered oak 



FREE SITE 



FOR WAGON & IMPLEMENT PLANT 



We offer to responsible manufac- 

 turer free site on Ohio River bank, 

 with switching connections with two 

 railroads. 



Immediately available at low cost 

 abundant raw material, labor, elec- 

 tric power and light, and coal. 



Consider what this means in saving 

 in manufacturing cost. 



We are growing, and want to give 

 the right class of manufacturers every 

 help in getting in right on the ground 

 floor with us. Write to Roy N. Adams, 

 Secretary, The Commercial Club, 

 Mound City, Illinois. 



FOR SALE 



2,000 Acres West Virginia Timber, mostly 

 White Oak, and cruising 8,000 feet to the 

 acre. Easily accessible to railroad. 



$20 per Acre 



JOHN F. HOGAN 

 229 Commonwealth Ave., Detroit, Mich. 



BLUESTONE LAND & LUMBER CO. 



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: RIDQWAV, PA. 



J^ 



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. 



Prirp. SSOO: hr Mall. S3 8.5 . 



Craig- Wayne Company 



38 Sootli De>rb*ro St.. CHICAGO. ILL. 



in lioth red aud white, althougli it is admitted 

 that the former is more active than the latter, 

 lied gum in all grades above No. 1 common is in 

 good demand and sap gum in firsts and seconds 

 is moving with considerable freedom, althotigh 

 there is complaint regarding prices obtainable 

 therefore. Low-grade gum. as a rule, is in fair 

 demand and the market is displaying a better 

 tone. Cottonwood is selling in some volume in 

 the higher grades while the lower grades are in 

 good request from the manufacturers of boxes. 

 Cypress is selling more freely than a short time 

 ago and there is a broadening demand for ash. 

 There is little poplar for sale in this market 

 but what is offered is taken readily. Export 

 business is being interfered with to some ex- 

 tent as a result of the inability to senire freight 

 room at New Orleans. 



LOUISVILLE 



The oiii'uing of the new jear finds the Louis- 

 ville lumber trade in a condition which, if any 

 appreciable continuance is granted, will result 

 in a very satisfactory six months' run to round 

 out the first lap of the 1912 course. The situa- 

 tion at present is strong in every respect and 

 the fact that demand is coming for quantities 

 of stock indicates that consumers arc in an 

 excellent humor and augurs well for coming 

 operations in the year. Inquiries are numerous 

 and the general attitude indicates that normally 

 heavy buying will begin before long. Plain red 

 and white oak is still a leader in the local 

 market. Poplar is moving fairly well, and 

 quartered oak. although still weaker than it 

 should be, is in a fair way to improvement. 

 The mahogany market is in good shape. 



ST. LOUIS 



There is little doing in the local hardwood 

 market. Dealers and consumers are busy taking 

 stock and it will be a week or two before any 

 business of consequence will be done. During 

 the last week in December few orders came in 

 for small amounts. They were mostly for plain 

 oak. Red gum and cypress was also called for 

 in a slight degree. Ash also came in for a fair 

 call and those handling this item anticipate 

 quite a demand in the near future, tjuartered 

 white oak. wide poplar, Cottonwood box boards 

 and first and second sap gum also did fairly 

 well under the circumstances. There is little 

 doing in the door and mill-work industry. Many 

 of the mills shut down during the holidays. 

 I'he local planing mills, up to the past 

 fi'W weeks were kept fairly busy but recently 

 trade fell off. The year, as a whole, however, 

 has been fairly satisfactory. 



CADILLAC 



^ 



Market conditions surrounding No. .3 common 

 hardwoods in this market are extraordinary and 

 unusual. Report is made by the manufacturers 

 here that all the maple, beech and birch of this 

 grade on sticks .Tan. 1, 1012, green or dry. has 

 been sold at prices ranging from .f8 to |8..')0 

 per thousand feet. With the exception of the 

 price received, this places the No. 3 common on 

 the best basis for a numl>er of years. The same 

 is true of No. 3 common basswood, which has 

 been sold in this and other markets for |13 per 

 thousand feet. So great has been the demand 

 for the latter that the price has advanced to 

 within $1 or $2 per thousand feet of the price 

 of No. 3 common. The cause of the advance in 

 price of No. 3 common basswood is the fact 

 that the same has been substituted for the low 

 grades of pine which can not be procured. 



Tlie upper grades of hardwoods are in good 

 demand and at better prices than a year ago. 

 The movement in No. 1 and No. 2 common maple 

 is slow. 



MILWAUKEE 



The hardwood trade is beginning to show signs 

 of improvement. Although many of the manu- 

 facturing concerns are still in the midst of 

 their annual inventories, yet they find time 

 to make inquiries and place occasional orders 

 for stock. Conditions in the local industrial 

 field are becoming more satisfactory and this is 

 reflecting favorably upon the lumber trade. It 

 is expected that before the close of this month, 

 there will be a big increase in demand from all 

 sources. 



Slocks are light in practically all lines of 

 northern hardwoods, although the greatest short- 

 age is felt in birch and basswood. Prices are 

 naturally holding up well, as stocks are light 

 at most of the mills and none of the mills are 

 trying to unload surplus stocks as is sometimes 

 the ca.se. Fears are entertained that the short- 

 age will become a serious matter next spring. 



GLASaOW 



Since last report business in this market is . 

 much quieter, owing, no doubt, to the holida.vs. 

 There has been only one arrival, and that from 

 New Orleans, with the usual assortment of 

 hardwoods, viz., hazel pine, pitch pine and ma- 

 hogany boards. Most of the above lumber has 

 been taken up ex quay by the various bu.vers. 

 .\ fair quantity of oak and gum staves has also 

 arrived on this steamer, but these were of very 

 indifferent quality, and certainly a part of this 

 consignment will find its way into the public 

 .yards. Had these staves been of first-class 

 quality, they would have been readily bought 

 up. as the market has been In goo.d shape for 

 both the wliiskys and oil barrels. Northern 

 white oak is still in steady demand, higher 

 prices being asked. A fair business has been 

 done in railway and wagon oak planks, espe- 

 cially in the former. White ash and hickory 

 logs of prime quality should do well if con- 

 signed sparingly. There is little doing in quar- 

 tered oak. A fair demand is received for Vj". 

 %" and %" plain northern oak. Some con- 

 tracts have been placed during the last week. 



Stock holdings are unusually light, especially 

 for this time of the year, with the consequent 

 result that values are being very firmly main- 

 tained, and higher prices are being asked for for- 

 ward delivery. 



The threatened railway strike has been 

 averted, thanks to both the reasonableness of 

 the men and masters and to the intervention of 

 the Board of Trade. 



The shipbuilding industry has helped the trade 

 in this section considerably, but it was unfort- 

 unate that they had so much of their require- 

 ments bought in previous to the last strike, other- 

 wise the district might have been in a very 

 much better position. However, the New Year 

 .will, we hope, make up for the old, and it is 

 well known that the requirements from this 

 source will now be steady and of better volume. 



As already reported, the above industry is in 

 a most fiourishing condition. The year 1911 

 has set up a new standard in the matter of ton- 

 nage launched from Clyde Ship Yards. The 

 complete figures for the twelve months, which 

 are now available, show that the amount of 

 work floated was higher than the previous 

 record — that of 1907 — by almost 11.000 tons. 

 The margin is not very much, but it is very 

 satisfactory, especially when it is remembered 

 that 1007 was considered quite a phenomenal 

 year, and also that circumstances now are very 

 different from what they were then. There is 

 no doubt that there is a genuine demand for 

 new tonnage, principally for freight carr.ving 

 purposes, and practically none of the older 

 boats are laid up. This augurs well for the 

 timber trade, and therefore the hope of peace 

 reigns in the great ship yards of the Clyde. 



