HARDWOOD RECORD 



time of the mid-yoar inytntorifs, tbc domancl from both yards aud fac- 

 tories is liolding up extremely well.. It is about a staud-off between 

 retailers aud manufacturers in purchasing. 



All grades and varieties cf iiardwoods are moving fairly uniformly. 

 There is no especial accumulation of stocks in any grade, and as a result 

 no price-cutting is necessary to keep the trade in a healthy condlliou. 

 Yard stocks are fair. Factory stocks are not very large and the policy 

 of purchasing agents is to buy only what is wanted for immediate cou- 

 sumptioq. Factories engaged in making vehicles and implements arc good 

 buyers. Automobile factories are also in the market. Furniture fac- 

 tories will not buy until after the summer show period is over. 



Mill stocks are only fair and this is ta^en as an indication that weak- 

 ness in price will not come about. Only a slight influence on hardwoods is 

 felt by the extreme weakness in yellow pine. Itailrnads are able to make 

 deliveries fairly promptly and there is not much trouble as yet from a 

 car shortage. The principal trouble appears to be in the lack of motive 

 power on railroads. Collections are good. 



Quartered and plain oak Is strong and the luovement is good. I'rices 

 on all grades are higii. There is a good demand for chestnut at good 

 prices. Poplar is gaining in strength and all grades are moving well. 

 Basswood and ash are in good demand, other hardwoods are unchangi'd. 



=-< CINCINNATI >.= 



Owing to the weather many factories have lieen running short time and 

 this has affected the lumber trade to same extent. The outlook for busi- 

 ness is none ton promising for anything like a big year, although the 

 chances for a normal trade are very bright. Right at this time there is 

 a dullness that is decidedly noticeable, but there are many inquiries that 

 are encouraging. Wholesalers are of the opinion that there will I>e a 

 good general demand for small shipments as needed, with very little buy- 

 ing in a general way until at least the early part of September. In the 

 meantime prices on all bardwoods ari- well maintained and dealers are 

 satisfied with the large stocks that they are carrying. .Tust about the same 

 optimistic feeling prevails among the millmen as is held by the wholesaler. 

 They. too. are accumulating some stocks and all are well satisfied that with 

 a fair demand at this time of the year a strong tendency is toward good 

 business in the fall and all concerned are now in good shape to take care 

 of business when it comes. The market continues dull in the upper grades 

 of poplar, but low-grade stock is moving freely at good lu-ices. The pros- 

 pects for better business in the poplar field are not at all tiright and the 

 chances are that the market will remain spotty the balance of thi'^ yeai-. 

 but should show much better during the early fall. 



•< INDIANAPOLIS > 



The hardwood trade has not been especially active during the last fort 

 night. Conditions, however, have been a trifle Ijetter than they were at 

 this time last year. Prices are still steady with no signs of a break. 

 Shijunents are moving promptly. Labor troubles, which are tying up 

 building to some extent, and inactivity among the veneer mills is attrib- 

 uted largely to the cause of the slackening up of the bardwood trade. 

 Logs are easy, with an upward tendency in prices. 



-•<, MEMPHIS >.= 



The hardwood market hero is nurhaps a little quioter than a short time 

 ago, but business is pretty well maintained and prices are showing' no 

 particular sign of easiness. Weather conditions have been exceptionally 

 favorable during the past three or four months for losgiug operations, 

 and these have made excellent progress. In fact, the mills are well sup- 

 plied with timber and this is accepted as inuicating ratlier fuller stocks 

 for fall and winter requirements. There is, however, no evidence of 

 accumulation of lumber at the moment and the market therefore presents 

 a very steady front. Buyers are taking lumber only as they have to do so. 

 This finds reflection in the fact that orders are for small rather than for 

 large quantities. The aggregate of these orders, however, is quite satis- 

 factory and there is very little disposition on the part of members cf the 

 trade to complain regarding the situation. There is always some slack- 

 ness at this time of the year and it is rather less than more pronounced 

 now than usual. Flain oak is a good seller in all grades, firmness con- 

 tinues to characterize the lower grades of cotlonwood aud gum. although 

 the suprtly is a little more adequate for both than heretofore. Red gum is 

 being pushed by all members of the trade hero who manufacture this 

 lumber, and very satisfartrry results are following the campaign of 

 education in its behalf. Therp is a particularly good forr^ien demand for 

 thin stock. There is no surplus ash offering here and (here is a good 

 enough demand to take care of practically all of the quartered red and 

 white oak. Exporters are confronted with f'e question of securing through 

 bills of lading after Aue. 2?. and also with the renewal of annual con- 

 tracts between Aug. 1 and Sept. t. Poth of these problems promise to be 

 somewhat ditfi^'ult to handle and the export trade depends largelv upon 

 the pnli'tinn thereof. At the present tiiT-e there is a irood foreign demand 

 for southern hardwoods and quite a satisfactory business is in progress. 



=-< NASHVILLE >■= 



The hardwood lumber trade has been quiet in the Nashville market, 

 tbou'7h of seasonable volume. While shippers and manufaitorers are not 

 incMred to make concessions, there seems to be an easier tone to the 

 market. Oak continues in good demand, and there is a fair amount of 



Mahogany 

 Lumber and 

 Veneers 



In buying Mahogany Lumber and Veneers 

 of C. L. Willey, the purchaser is assureil of a 

 product cut from the finest figured wood that 

 money and a search of the world's markets can 

 secure. 



Beyond this he is assured of prompt and pains- 

 taking service, and a cjuahty of product not usu- 

 ally obtainable. 



Right now stored in the log yard of the Willey 

 plant at Chicago is more than a quarter million 

 dollars' worth of the highest class figured mahog- 

 any ever imported to this country. 



The accompanying illustration shows a cor- 

 ner of the assemblage of these mahogany logs. 



The Willey warehouses are well stocked with 

 a superb collection of Mahogany, Vermillion, 

 Walnut and other fancy veneers. 



An inspection is cordially invited. Take Blue 

 Island Ave. car at the postoffice to Robey Street. 



C. L. WILLEY, Chicago 



Largest Mahogany Veneer and Lumber Producing Plant in 

 the World 



