52 



HARDWOOD RECORD 



the rulo. The demand iov a fair grade of pophir 

 on the other side o£ the Atlantic is also very 

 encouraging, though the extra wide stocks con- 

 tinue to halt and do not bring the figures which, 

 lu the opinion of the holders. Ilicy should. This 

 applies also to the domestic trade. The various 

 grades of chestnut, however, have been in suffi- 

 ciently strong demand to take up the stocks at 

 the mills, and the present embargo is recognized 

 as merely temporary. The distribution of the 

 lowe.r grades has been accomplished on the basis 

 of old quotations, but the fact remains that the 

 previous accumulations are out of the way, and 

 the hardwood business is in much better shape 

 now than during the larger part of last year. 

 Ash and all other hardwoods, though quiet for 

 the present, are in good shape, and the future is 

 regarded by members of the trade with con- 

 fidence. 



BOSTON 



No great amount uf activity lias bcL-u reported 

 in hardwoods since the first of the year. Buyers 

 as a whole have not been anticipating their 

 wants in more than a moderate way. The 

 yard trade has not been heavy, although in 

 most cases stocks in bands of the retailers have 

 been well reduced. Prices hold fairly steady, 

 and manufacturers show less disposition to ac- 

 cept orders at concessions. A firmer market is 

 predicted and the demand is expected to be- 

 come considerably more active during the next 

 few weeks. Piano manufacturers are fairly 

 busy and chair plants have been running full 

 time. Desk manufacturers are operating full 

 time. 



Demand for quartered oak has ruled moderate 

 only, with prices somewhat steadier than they 

 were. Plain oak attracts a fair amount of busi- 

 ness, and prices are steady. During the past 

 few months there has been a large inquiry for 

 red gum in this market and predictions are that 

 there will be a much larger sale of this class 

 of stofk, I'vpri'^s i-i in rallior ruiii't call. 



COLUMBUS 



Since the holiday vacations and the comple- 

 tion of inventories by both manufacturing estab- 

 lishments and retailers the hardwood trade in 

 Columbus and central Ohio has become much 

 more active. The volume of business has in- 

 crea.sed materially, and a better feeling is shown 

 In every department of the business. Prices rulo 

 firm in every particular and future prospects 

 arc considered much brighter. Stocks of ma- 

 terials held by factories are generally low. and 

 there is a disposition to buy in larger quan- 

 tities. The same Is true 1o a certain extent of 

 retailers. However, the greatest improvement is 

 in the yard trade. Stocks in the hands of retail 

 ers arc still low and this Is taken as an indi- 

 cation of still more liberal purchases in the near 

 future. The movement of the lower grades is 

 good, although the letter demand is still for the 

 upper grades. B'urnlture factories are buying 

 better and the same Is true of implement and 

 vehicle plants. Collections are fair. 



Plain and quartered oak is In good demand. 

 Poplar is one of the strong points in the market. 

 Chestnut Is selling well and quotations are llrm. 

 There Is a fair demand for ash. IJasswood is in 

 fair demand. Other hardwoods arc unchanged. 



CINCINNATI 



Since the beginning of Ihe year there has 

 been a very satisfactory feeling hi Ihe hard- 

 wood trade. Ituylng U encouraging, although 

 the tendency to conservatism remains strong. 

 The past week has been marked by very severe 

 weather, making outdoor work Impossible, and 

 business has suffered somewhat from this cause. 



There is a good demand for oak, red and 

 white, both quarter-sawed and plain. Con- 



.-^luuers are Inlying principally common ami bet- 

 ter, with a fair movement of ones and twos. 

 However , there is but light inquiry for highly fig- 

 ured quartered oak. Heavy nak tiniljcis, car 

 stock and railroad ties are in good demand. 



The demand for chestnut, manufacturers' 

 grades, and heavy tough stock has been good, 

 with some inquiry for long ones and twos. I.ow- 

 grade chestnut is plentiful, but the demand is 

 light. Sound wormy is active for clear, wide 

 stock, for w^hich prices are strong. There is a 

 fair movement of ordinary grades. 



Ash is receiving fair attention from the wagon 

 and carriage trade, with good inquiries for heavy 

 white ash ; good, heavy dry stock is not plenti- 

 ful. 



Hickory is moving steadily, with a steady de- 

 mand from wheel and shaft manufacturers ; 

 hickory boards are scarce. Birch is in good de- 

 mand for both red and white, with available 

 stocks reported only fair. 



I'oplar is meeting with a fair trade for man- 

 ufacturers' grades. More confidence is being 

 felt in the future of wide poplar for the auto 

 trade, with buying fair, and stocks reported as 

 lighter, but confidence in better prices is weak. 

 Red gum is receiving good attention for ones 

 and twos ; the demand for saps and common is 

 good, with a fair movement. Mahogany lumber 

 is in active call, with prices steady. Casswood 

 is in fair demand. Cottonwood is in fair in- 

 quiry for ones and twos, with a good movement 

 of low grades. Buckeye and other hardwoods 

 are receiving fair attention. 



The buying for the foreign trade is very 

 fair, with a good demand for oak boards and 

 white ash. American walnut is steady, with a 

 good movement to the export trade. Ked gum is 

 iu lair demand. Hickory boards are in good 

 inquiry for export. Cypress is growing very 

 strong. The demand is good for all classes, 

 and advances on low-grades are reported. Prices 

 are very firm and the outlook is said to be ex- 

 cellent for the new year. 



EVANSVILLB 



There has not been much change iu the hard- 

 wood market situation here during the last fort- 

 night. Manufacturers and dealers have just 

 finished invoicing, and are now ready to take 

 hold of the increase in business which is looked 

 for. Logs arc very scarce; in fact, there have 

 been very few put out during the last month on 

 account of the holidays and the bad weather, but 

 with the return to fair weather conditions the 

 situation will becomt; easier and a fair vol- 

 ume of business is expected. If the present lull 

 in production continues for any length of time, 

 prices will go up. There is very little difference 

 noticeable in tlie trend of prices now and dur- 

 ing the latter part of 1911. Plain oak is scarce, 

 although the price is not high in proportion, 

 tiood ash. hickory and elm are in good demand. 

 Quartered oak stock is holding its own fairly 

 well. It is believed that quartered oak, both red 

 and white, will improve In demand after the fur- 

 niture show, which is now being lield in Grand 

 Rapids 



KNOXVILLB 



Tlie past two weeks have been very much in- 

 terrupted by the severe cold spell with which this 

 part of the country has been affecled and lumber 

 dealers have had much didlculty in tilling orders. 

 Inquiries for dry stock have beiii plentiful, with 

 a stiffening In prices. Railroad orders continue 

 to come in, and the car stock ami tic ituslni-ss 

 which has lieen dull for some time. Is now show- 

 ing a vast improv(Mncnt with still brighter pros- 

 pects in the future. 



Plain and quartered oak leads 1ti (his market. 

 with the high grades of poplar a close second. 

 Ash, in the higher grades. Is In good demand, 

 but chestnut Is (juh't. 



An optimistic feeling prevails ;n this vicinity 

 over the spring trade, owing to the scarcity of 

 dry stocks in the country and the increased de- 

 mand which is everywhere apparent. 



INDIANAPOLIS 



There has been no great change in the hard- 

 wood situation iu the last two weeks, altliough a 

 lew more orders have been coming in, and in- 

 quiries are a little more active. Shipments are 

 reported to be moving promptly, the traffic in 

 hardwoods not being sufficiently heavy to be 

 materially affected by the movement of coal. 

 Hardwood prices are unchanged and are re- 

 garded as fair, considering the season. An excel- 

 lent spring trade in hardwoods lor interior 

 finish is predicted, on account of the large 

 amount of building operations that is in sight. 



MEMPHIS 



The demand fur lianlwood Uiml)cr simv tlic first 

 of the year has been comparatively quiet, but is 

 now beginning to improve. The position of the 

 various items has shown comparatively little 

 change. A very satisfactory demand is in prog- 

 ress for plain oak in all grades of both red and 

 white. Some business is doing in quarter-sawed 

 oak, but the movement of this is slow as com- 

 pared with plain. Ash is in fairly active request 

 in 1%-inch or thicker stock, but thinner ash Is 

 moving in a limited way. There is still not a 

 little irregularity in connection with cypress, 

 though some meiubcrs of the trade say they are 

 doing a very good business therein. The demand 

 for the lower grades of Cottonwood is very satis- 

 factory and prices are quite firm. The supply is 

 not excessive. The upper grades of Cottonwood 

 are moving quite freely, but prices are not as 

 satisfacftory as in the case of the lower grades. 

 Red gum is still a good seller in all grades. Sap 

 gum moves fairly well in the upper grades, but 

 prices are not as good as expected. In the case 

 of the lower grades of gum. there is a liberal 

 movement and prices have recently shown some 

 tendency toward increasiug firmness. Produc- 

 tion of hardwood lumber of all kinds is being 

 materially interfered witli by the unfavorable 

 weather obtaining in this territor.v and it is the 

 opinion of the lumbermen here that the supply 

 of dry stock for the late winter and early spring 

 trade will be comparatively small. It is there- 

 fore believed that there will be a rather better 

 range of prices Ihan heretofore obtainalib'. 



2,400 - ACRE TIMBER TRACT AND 

 WOODWORKING PLANT FOR SALE. 



uij lln- Ihu' C.I I III- .MiiliiK- & uliio li. i;.. in 

 tlio i-ltate of Mississippi, well situated mi two 

 3treams, lies a :i.400-acre tract. Halt Ibis 

 ricreage consists of virgin tinil>er of white and 

 red oak. gum. poplar and hickory. Tlu; other 

 half has been cut over, but still has large quan- 

 tities of small timber suitable for railwaj- ties, 

 spokes, staves, etc., the cleared laiut being 

 idniii-aljle for farming. 



A sawmill, office, two factory buililinKS for 

 manufaetv.rtii?7 handles and novelties, i dry 

 ktln. warehouse, steam plant of 200-hor8epower, 

 ind an liiexhaustiljle supply of deep well water, 

 with lank, pump and conneelions to the well, 

 compose the manufacturing equipment, 'i'birty- 

 two cotlagea for the use of enipto.ves and Buper- 

 intendont. boarding house of tliirteen rooms, 

 ■iiniinlssar.v store, feed house, stalilc. blai'Usniith 

 shoji. etc.. mttke up the settlement, .^hiiiiiing 

 facilities are good, and freight rates reason- 

 ilil -" •-- -'•- '" - ■"'■ -' 



lit^-iiiiirs nitr kuuii. iiiiii iit.-imiL luiirn ic.iMUi- 



ible. All trains .make regular stops. The plant 

 is running overy day, and reiiresente a valua- 

 tion of about ?i;5,000. In addition to the timber 

 Innils. 



This Is a money-mnktngf propoBition, paying 

 regular dividends to the present stockholders. 



If one should desire ii less amount, the proji- 

 iTty cmild be divided Into Ci40-acre sections, or 

 other siilidlvlsiotiH coiihl bo made to suit the 

 inirclia.Mi-r, 



Fill- full i.arlliiilnrs refer to Flic Ifltins. 

 >I. V. UII'IIAKDS, Land and Inilustrlal Agent, 

 SiuitliiTM Iiallwa.\'. Waslilngtoii. D. (*. 



/durations fitr nil kinils uf innntifachiritio 

 l)liintn, where ptiwcr (.» cheap and labor piciil' 

 fill, can be found in the ntatcs of I'd., A". C 



I iHi, vun uc jounti ill i iti nifitvs OJ I a., iV 



I N. C, Tenn., Kii., Siinthern III. and Ind., A 

 |.i/f(.. (la., and t'la., aluiiii the Ihiea of 

 .■<f, II Ihrni I! II 



the 



