HARDWOOD RECORD 



51 



111.' (imii-teiTd stock being a trifle slow. Ited oak lias developed a little 

 \vc akniss. Asb. hickorjr, basswood and gum aic selling well and prices are 

 lioldin^' firm. The demand is from general sources, furniture and veliicl'' 

 factories heing large users. Tbe building trade Is providing a good market 

 -for interior linish and flocring. and tbe railroads and car concerns are 

 liberal Imyers. Muildlng continues very beavy in Toledo and plans are 

 now being laid for a new retail center wbicb means tbe reconstruction of 

 many busines.s blocks in the heart of the downtown district, as well as 

 the crectic-n of many new buildings of importance, all of which will prove 

 uood user> of hardwood lumber. 



-< INDIANAPOLIS > 



Th"- hardwood market continues to show improvement. Wholesalers 

 I't-port a good TOlume of business and many inquiries for shipment in the 

 near future. Big: crops, tlie fact that industrial conditions generally are 

 .aood over the state and that the money market is a trifle easier are given 

 as *^ome nf the reasons for improved conditions. 



An advance in hardwood prices soon is tieing predicted. 



=-< MEMPHIS >.= 



'l li.- W'-nih- r has continued practically ideal for logging operations 

 ihroughout this section during the past fortnight and rapid progress has 

 i>een made. There was a wide distribution of rainfall throughout the 

 Memphis territory during July, but this did not interfere at all with work 

 in the woods, and the supply of logs is regarded as quite full. In fact, 

 there is a mor»' abundant stock of timber ready for .the mills of this city 

 and section than is usually the case at this time of the year. It is there- 

 fore expected that present rather full sawmill operations will be continaed 

 without interruption, especially as the demand for lumber is broadening 

 somewhat. 



There has been comparatively little actual increase in the number of 

 ord( rs hookrd by local manufacturers and wholesalers, but there is a de- 

 cided gain in the number of inquiries, with the result that the note of 

 optimism is much higher than it has been during the past four or five 

 weeks, llie furniture manufacturers are showing increasing interest in 

 the market and are making inquiries which suggest rather large needs on 

 their part. It is believed that there will be a good business developing in 

 the near future from this source. There is likewise more inquiry for car 

 material of all kinds, due to the efforts of the railroads to so replenish 

 their rolling stock and general equipment that they will be able to take 

 <-are of the large volume of traffic promised by virtue of the indicated 

 heavy agricultural yields, with particular reference to cotton. There is 

 likewise an increasing call from builders of buggies, wagons, carriages, 

 nutomobilts aud other veliicles and there is also a rather increased inquiry 

 from other lines, with the result that the outlook is for a good business 

 in southern hardwoods to develop within the next thirty days. Tariff 

 agitation has not had the depressing effect on general business expected in 

 some quarters, aud lumber interests here are inclined to take heart from 

 the fact that the steel and iron industry, generally accepted as a correct 

 barometer of trade conditions, is in much better shape than a short time 

 ago. Due empha.sis is also attached to the large prosperity indicated for 

 the entire South as a result of the prospective big cotton yield. This is 

 regarded as i'urnishing a true basis for fundamentally sound conditions. 

 and those who are engaged in the hardwood trade as well as in other 

 allied or collateral industries, feel sure that Ihe outlook is particularly 

 good. The big cotton crop means large money returns for this territory 

 and a relief of the financial stringency which has been strongly in evi- 

 dence for some time. It also means a largely increased purchasing power 

 for the people of the cotton growing area and, with this prospect in view, 

 manufacturers of almost every commodity made from southern hardwoods 

 are anticipating large consumption of their output. This, it is felt, can- 

 not help but exert a favoring influence upon the manufacturers of southern 

 hardwoods and upou those who are engaged in the distribution of the out- 

 put of southern hardwood manufacturing plants. 



=-< NASHVILLE >■= 



Business has continued quiet in the Nashville market the first part of 

 August, though it is about up to the seasonable volume. The fact that 

 local firms had a good many orders ahead at the opening of the summer 

 season has helped them a great deal, and July business was probably about 

 the same as last year. There is an optimistic view with regard to fall 

 trade. Prices are about firm, though concessions could probably be had on 

 attractive business. Oak continues to be a satisfactory seller. Poplar and 

 chestnut are in fair demand. Ash, hickory and walnut are good sellers. 



■< LOUISVILLE y- 



The crop situation is puzzling local hardwood men more than anything 

 olse. as it is believed that this factor will influence trade conditions dur- 

 ing the fall more than any other one thing. It is figured that with good 

 orops business can stand off even such unfavorable influences as the new 

 tariff and currency revision ; but if the crops happen to be below tbe 

 average, things will not be so satisfactory. The severe drouth which the 

 corn belt is now experiencing does not look favorable, and it will take 

 some good rains to restore conditions to anything like normal. Tbe Ohio 

 valley i-< suffering from lack of moisture, and the farmers' woes are being 



Mahogany 

 Lumber and 

 Veneers 



In buying Mahogany Lumber and Veneers 

 of C. L. Willey, the purchaser is assured 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 quaHty 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 postofifice to Robey Street. 



C. L. WILLEY, Chicago 



Largest Mahogany Veneer and Lumber Producing Plant in 

 the World 



