52 



HARDWOOD RECORD 



WANTED 



All Kinds of High-Grade 



HARDWOODS 



S. E. SLAYMAKER & CO. 



RrpresentiDg Fifth Avenue Buildine, 



WEST VIRGINIA SPKLTE LUMBER CO., wriw VODI^ 



Cass. West Virginia. INtW lUKN 



Mutual Fire Insurance 



Best Indemnity at Lowest Net Cost 

 Can Be Obtained From 



Boston. Mass. 



The Lumber Mutual Fire Insurance Company. 



The Lumbermen's Mutual Insurance Company, 



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 < t" '^^ ^ 



This Year to 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 

 feel that your plant does not at present 

 comply with all re(|uircments, confer 

 with us anyway. Let us see if it cannot 

 be 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 



transmitted to the lumbermen via the retail dealers and the manufac- 

 turers of hardwood products. However, it is hoped that conditions will 

 right Ihemselves. as they usually do, in time to prevent anything like a 

 I rop failure. Demand for lumber has shown improvement with the open- 

 ing of the miinth. the furniture factories being among the most consistent 

 iniycrs at present. Quartered oak, white almost exclusively, of course, 

 plain oak, both red and while, anu ash are among the leading sellers at 

 present nsh having improved considerably of late. Poplar is a bit quiet, 

 rhuush tlie lower grades are selling, and red gum is about in the same 

 condition. Chestnut is also inactive at present. 



=-< BRISTOL y- 



The Bristol lumbermcu rrporl busiuiss moving nloug well. coDsiilt'i-ing" 

 llie season of the year. Wliile not many new orders are coming in, there 

 is plenty already booked to keep the mills busy for some time to come. 

 The export trade is encouraging and is consiilerably larger in volume. 

 'J'his section has been having one of the worst drouths in years, and the 

 loss will be very large. The corn crop is almost a totnl failni-e, as a 

 result of the prolonged dry spell. 



=■< ST. LOUIS y- 



\Vhile the hardwood trade is comparatively quiet, as it usually is at 

 this period oi the year, a fairly good business is being done and the 

 demand for nearly every item on the list is satisfactory. The quietness 

 now i)rcvailing is not uncxprcted by the local distributers, for they laid 

 llu'ir plans to take their vacations and many of them are away during the 

 lull. Meanwhile those who are at homo are busy getting in their stocks 

 Cor the fail, as an unusually brisk demand is anticipated witbin the next 

 few weeks. Oak is the item mostly called for and ash and cottonwood 

 are also in fair request. I'rices on nearly all items are holding their own. 

 very few concessions — althougli some are reported — being made. Wben 

 made they ar.' done so by distributors who have surplus stocks on Iiand 

 wlr.ch they want moved in order to 1 urn them into cash. Those who 

 I an are Imlding off for fall, as the majority of the distributors realize 

 ihat whi'U the orders start to come in, prices will not only remain firm, 

 but they will ind-ease, especially tIio>-e items most in demand and short 

 in supply. 



^-< ARKANSAS > 



The retailers of Arkansas seem to h.ave the opinion that the rock 

 bottom in prices has lieen reached. Guying during the past week has. 

 been exceptionally strong, and much lumber was disposed of by the mills 

 befrre the upward change in the market came. The advance has been 

 made by many of the larger mills, however, and the indications are that 

 prices will not again go down to where they were a few days ago. 

 Iiuiuiries I'rom all lines of tlte lumber trade are more numerous of laf 

 tlinn they have been for the past several months. 



'I'he general crop outlook in .\rkansas is very good. Cotton is in excel- 

 lent sliape. and corn is aiMuit inaoe. Hay crops appear to be large, and 

 the oat :ind wlieat crojis are good and of high (piality. Good crops 

 luran good Uiiabcr business, and the lumbermen of the state are more 

 optimistic at this time than they have been in months. A material 

 increase in the demand is expected In a short time. A number of tlu^ 

 line yard concerns are now placing orders for fall shipment, and this is 

 taken as an indication that, in the opinion of lln' larger buyers, the lowest 

 murk in the niarkc t has been reached. 



Slime lit llii' mills have been experiencing some trnuble in getting all 

 the cars i, ceded. In fad, some say that they have not been able to- 

 s;et more than seventy-five per cent of the numlxr ordered for several 

 days. Thi indicatitms are, judging from the condition nf cars that ari- 

 lieijig furnished, that the car shortage is going to lie a iiroblem when 

 the cot till and ntlier crops l)egin to move. 



=-< MILWAUKEE y 



Tliere s; 1 lus 111 be ;i lempiirary lull in tin- Imal lianhvuoil liusiness. ilu- 

 p.obably to the fact that most consumers of hardwooil stocked up fairly 

 well in this line earlier in the season and are now waiting for the fall 

 season. The fall revival is expected somewhat earlier this year, [irohalily 

 siicu attic .\Mg. l.-i. so the present dullness in trade is not regarded as 

 serious 



I'rids are bring well maintained— in fact, are higher than at this tiiii'- 

 a year ago. Wholesalers are confident that no concessions arc to he ex- 

 pected and that n higher level will be reached later in the season. Avall- 

 •ilile stocks of birch, maple and l)asswood are far from being large, desplt'"- 

 the new stock which has been arriving. Ueports from the mills say that 

 stoiLs are showing a slight increase and that the supply will be larger 

 liy the time the fall revival is under way. Wholesalers are not inclined 

 to make any price concessions in the effort to secure new business and 

 the market is holding strong. 



Buyers are evidently loiuing to the conclusion that there is nothing to 

 le mined by putting nff imrchases, in view of the strong market and tlie- 

 shortage oi slocks, and iiapiiries are beginning to arrive from various 

 sources regarding shipments for the fall trade. lilreh and maple an- 

 especially strong, although both plain and ipiartered i ak an- in about ili<" 

 same position. Ilasswood Is In fairly good dimand. 



