52 



HARDWOOD RECORD 



W A NT E D 



All Kinds of High-Grade 



HARDWOODS 



S. E. SLAYMAKER & CO. 



Representing ^ Rfth Avenue BuililinKi 



WEST VIRGINIA SPRITE LUMBER CO., mpu/ vnPlir 



Ca88, West Virginia. INtW lUKrw 



Mutual Fire Insurance 



Best Indemnity at Lowest Net Cost 

 Can Be Obtained From 



The Lumber Mutual Fire Insurance Company, 

 The Lumbermen's Mutual Insurance Company, 



Boston, Mass. 



Mansfield, Ohio. 



The Pennsylvania Lumbermen's Mutual Fire Insurance Company, 



Philadelphia, Pa. 



The Indiana Lumbermen's Mutual Insurance Company, 



Indianapolis, Ind. 



The Central Manufacturers' Mutual Insurance Company, 



Van Wert, Ohio 



$126,000.00 



In Savings DIVIDENDS Returned 



This Year lo Policy Carriers of 



The Lumbermen's 

 Underwriting Alliance 



Possibly there is no good reason why 

 YOU were not among these beneficiaries. 

 If it is a matter of eligibility, and you 

 feci that your plant docs not at present 

 comply with all rer|uirements, confer 

 with us anyway. Let us see if it cannot 

 lie brought up to an acceptable standard 

 at no greater cost than will be justified 

 by the prospective saving on insurance 

 rates. 



U. S. Epperson & Company 



Attorney and Manager 

 1101 R. A. LONG BLDG. KANSAS CITY 



becu regular tbroiighout tUo state until the last lew weeks, during wbicb 

 time some parts of the state have become somewhat dry, but no part of 

 the state has suffered a drouth. 



As a result of the bumper crops which are promised, the lumber mar- 

 ket this fall will be good aud the general good business wbicb has pre- 

 vailed throughout the state this year will continue. There are some 

 conditions which indicate that the market will be on the upward incline 

 a. little later, chief among which are the badly broken condition of 

 stocks in general at the mill.'s and the inevitable car shortage. 



■< ST. LOUIS y 



There has been no material change in the local hardwood market for 

 the past couple of weeks. Prices are holding up on all items most in 

 demand and especially on those where quick shipment is desired. Plain 

 sawed white oak is one of the items most in demand. There has also 

 been a noticeable improvement in the demand for quartered red oak. 

 Ash and choice gum are having a fairly good movement. Cottonwood 

 in upper grades is also a good seller and the lower grades of the same 

 are selling better than formerly. Stocks in the bands of St. Louis dis- 

 tributors arc of good proportions and ample enough for all requirements. 

 .Vny reasonable demand made on this market can be taken care of 

 promptly. .-Vdditional stocks are being received all the time. The future 

 condition of the market is most promising. 



.-< MILWAUKEE >-= 



steady improvement seems to bo taking place in the local hardwood 

 market and lumbermen are confident that the usual fall revival is now 

 I'nirly launched. I'.uyers in all lines are beginning to take more interest 

 and inquiries and actual orders are increasing. There seems to be no 

 denying the fact that stocks of hardwood at most of the consuming 

 plants are low and it would seem that demand ought to be good from 

 now on. The sash anil door and interior finishiug plants arc beginning 

 to place larger orders, in preparation for the fall building season. Build- 

 ing activity in Milwaukee and surrounding towns is increasing each week 

 and the outlook is good for still better things ahead. The furniture 

 manufacturing concerns are taking a little more Interest in the market 

 and are placing some good orders. The box manufacturers are all busy 

 and are picking up all the low-grade hardwood which they can get. The 

 farm implement plants in Milwaukee, in Janesville, Itacine, Beaver Dam, 

 lluiicon and other points about the state arc busy once more and arc 

 Inoklug for hardwood. 



Hardwood prices are being well maintained and buyers have just about 

 come to the corclusiou that no price concessions can be expected from 

 now on. Some of the large consumers have been looking for price reduc- 

 tions for soiLe time, but in view of the present situation and the brilliant 

 outlook, wholesalers are inclined to stand by the present quotations. 

 Many lumbermen say that advances are to be expected, just as soon as 

 I ho fall building campaign is farther along. 



Birch, basswood and maple are still the leaders among the northern 

 hardwoods. iJemaud lor maple (looriug is unusually brisk. Both plain 

 and quartered oak. ash and chestnut are showing m<»re activity. One 

 cif the most favorable signs i< the fact that despite the increased demand, 

 most of the buying from the consuming trade is for immediate use. 

 Wholesalers say tbat plenty of activity may be expected just as soon as 

 buyers begin placing lar.-e:- orders for future shipment. 



■< LIVERPOOL >■= 



Business has been extremely quiet during the past month, wbicb is 

 largely explaiiied by the fact tbat August is a big holiday month 

 ihrougbonl the industrial North upon wbicb Liverpool markets so largely 

 det>en<l. Shipinenls have been extraordinarily heavy, each succeeding 

 ^hip having brought very full eargoi^s. The explanation given for this is 

 that sea freights are advancing on Sept. 1. This is a factor which will 

 make business exceedingly dillicult as this port cannot stand any ad- 

 vanced prices. In fact it is doubtful it any orders would be placed at 

 the present moment with any talk of advanced prices at any rate until 

 the present stock Is cleared away. 



Bound hickorj' logs arc a trifle better with a <iiininished import, but 

 the market wants a rest and will not improve to any extent until the 

 present stock Is automatically reduced. Bound ash has been imported 

 rather freely and the stock is fairly heavy. The market for asb planks 

 has also been rather ovenloue and no shipments should be made without 

 detiuite orders. Tliere is a nice steady trade moving in the asb business 

 and there are always buyers for the best qualities. Uood prices will 

 also be paid for the best stocks but heavy shipments on consignment 

 would very probably spoil the market. Four-inch asb is wanted badly. 

 while inch-and-a-halt is also rather scarce and good orders could be 

 olitained for these if stocks were offered. The cheaper hardwoods are 

 :ill rather sick owing to the severe glut of stock, sap gum and tupelo 

 being very lieavlly Imported. Wagon oak planks arc perhaps a triHe 

 lietter. thanks to a lessened importation, but this interesting market Is 

 not in a good frame of mind and they want a rest from any shipments 

 for some little time. Birch is a fairly good spot, as is also mahogany. 

 The recent sales of the latter wood brought very good prices and every- 

 thing points to a steady advance in values, 'rhere can be no doubt that 

 it will be some time before the supply of mahogany Is able to overtake 

 the existing demand. 



