HARDWOOD RECORD 



53 



the prices of the rough hemlock and hardwood lumber, as well as that of 

 maple flooring, have advanced, and a considerable amount of shipping, 

 especially of the flooring, is being made. 



=-< DETROIT >-= 



The general condition of the Detroit hardwood lumber market is encour- 

 aging, with prospects favoring a continuing increase in business. The 

 demand for all kinds of hardwood is exceedingly brisk, and the only draw- 

 back has been that the demand is far in excess of the supply. One-inch 

 birch, one and two-inch maple, dry ash and all grades of crating lumber 

 are scarce. However, the hardwood men are living in hopes that with the 

 arrival of the first lumber boats from the North this condition will be 

 overcome to a large extent, and that by the middle of May business will 

 assume its normal aspect. The hardwood flooring trade and the veneer 

 and box trades are busy. Prices ou all grades of hardwoods are high and 

 have remained practically stationary the past two weeks. 



< LIVERPOOL >= 



The market position is a little firmer than during the past few months 

 of this year, though no appreciated rise in values has yet been noted. 

 The mahogany position, however, has shown some change and the wood 

 sold at the last sales found quick markets in readiness. In fact it has 

 been a matter for considerable surprises how quickly of late the sale 

 yards have been cleared after each succeeding sale. Quite the strongest 

 item on the market at the present is ash. All ash planks of prime quality 

 are wanted, especially threc-iucU stock, while No. 1 common stocks of 

 w'ide average also find a good market. Hickory is not strong — in fact 

 the market is decidedly weak — though it is surprising, in view of the 

 shipments, that the stock is so very light. The heavy nature of ship- 

 ments has frightened buyers away, and shippers have been very foolish 

 in flooding this market as they have done. There is a very steady and 

 keen demand for hickory here, but the market is very sensitive and 

 cannot stand up with firm prices if large quantities come on consignments. 

 About 2s 9d exquay is the present market price. 



Round ash on the other hand is very firm — the result of an entire 

 absence of any extensive shipments on consignments. Birch should also 

 be a good point for new shipments, and as the new wood will soon be 

 here, operators in this stock are keenly calculating its value. 



Tupelo is showing favor at this port. A car of box grade, % by 8" 

 and up, was seen on the quay recently and was sold readily. Shipments 

 of %" by 12-16" would come to a good market and contracts could 

 readily be made for the right stock. 



Cottonwood shipments have been selling well but the market is now 

 fully supplied. Poplar stocks keep moving promptly and prices keep firm. 

 Prices are, of course, high and shipments on consignments are not 

 advised unless shippers are prepared to make a sacrifice. Wagon oak is 

 good and the regulation sizes are moving well. Round oak logs keep 

 moving and quite a large number have been sold this year 



=-< GLASGOW y 



The local timber trade continues to display rather a dull tone, and 

 though sales reported are fairly numerous, they are largely of a retail 

 character. The current high prices tend to restrict forward buying, and 

 another adverse factor is that freights are now much weaker. Nominally 

 spruce deals and rigas are as firm as before, but although this is the 

 case, the margin of profit is a very small one compared with other ports. 

 In a few recent cases storing has been resorted to where a satisfactory 

 price could not be obtained. It would be much better, however, to modify 

 prices a little, as it is usually found that after storage charges are 

 incurred it is difficult to get "one's own back." Arrivals of birch logs 

 have been unusually heavy during the first quarter and imports should 

 be curtailed for a short time. 



The "Tritonia" and "Kastalia" have arrived from Newport News and 

 Baltimore with the usual varied cargo of American hardwoods. Old 

 boards and planks have come in fairly plentifully and have sold well, 

 but if the imports continue so heavy it will be difficult to maintain prices. 



Trade continues good in all departments of shipbuilding and it is still 

 the main outlet for timber of all kinds. Although a comparatively small 

 number of new contracts were reported to have been placed during 

 March, there is an ample amount of work on hand to keep the yards 

 busy for some time to come. The figures for the first quarter show a 

 decrease in the output of nearly 17,500 tons less than the corresponding 

 period of last year. It is probable, however, that in the course of the 

 next month or two the decrease in the output will be more than made 

 good, as there are several large vessels now approaching the launching 

 stage in Clyde yards. The most notable among these is the large new 

 Cunarder — "The Aquitania" — which will be launched next month. 



It is evident that cheaper freights are to rule. Shippers on the other 

 side who have tonnage in hand will fare badlly, because, where, in the 

 case of pitch pine, a week ago quotations for 30-foot average ruled about 

 92/6d to 95/, It is said that as low as 87/6 would be accepted. Now 

 offers for 30-foot average for May-June shipment are being solicited at 

 85/. In any case, most shippers will lose to some extent. The foregoing 

 remarks, however, apply only to freights from the Gulf, as Quebec rates 

 are still on a steady basis. 



Checking, Splitting, 

 Rotting 



Prevented by 



LORAC 



which at trifling cost protects Logs, Lumber and Dimension 

 Stock against weather and tiine. A BOY CAN DO THE WORK. 



TRY LORAC NOW 



WRITE IS FOR Fl'LL P.iRTICVLARS 



THE GEORGE HENKE COMPANY 



62 Beckman Street NEW YORK 



TIMBER ESTIMATES 



REPORTS INCLUDED 

 TOPOGRAPHICAL MAP, DETAIL ESTIMATES & WRITTEN REPORT 



GARDNER & HOWE 



ENGINEERS 



Clarence W. Griffith ""I^A"' Bund"r"'' Memphis, Tenn. 



Bluestone Land & Lumber Company 



MANUFACTURERS 



WEST VIRGINIA HARDWOODS 

 Soft White Pine, Oak, Poplar, Chestnut, Hemlock 



Band Sawed Stock RIDGWAY 



COMPLETE PLANING -DirKTMCVT \T A ktt A 



MILL FACILITIES PENNSYLVANIA 



St 



umpage x rices 



are always in evidence, always of interest. Here is 

 the record of southern pine timber values for the last 

 thirty-three years: 



Here is another record: 



In 1880, 5,000 to 7,500 feet of logs were cut from 

 an acre of southern pine timber; in 1890, 7,500 to 

 10,000 feet from lands of the same character; in 1900 

 such lands produced 10,000 to 12,500 feet; in 1910 

 and today 12,500 to 15,000 feet are secured. 



These are facts. Fix them in your con- 

 sciousness, act on your mature conclusions 

 and the continuous increase in timber valu«s 

 will benefit you. 



James D. Lacey & Co. 



Timber Land Factors 



Chicago, 111., 1750 McCormick Building 



Portland, Ore., 1104 Spalding Building 



Seattle, Wash., 1009 While Building 



