HARDWOOD RECORD 



51 



--< NASHVILLE >-= 



Xo new developments are noted in the hardwood market. A fair 

 demand is mentioned by shippers for oak, low grades of ijoplar. chestnut, 

 ash and other hardwoods. Prices show no material change. Oak flooring 

 concerns have been making important shipments. Inquiries being received 

 from manufacturers cause shippers to predict renewal of business on more 

 active scale by fall. 



=•< BRISTOL y- 



Crjstul himbormt'n I'l'porr tb;u businoss continues good, considering 

 the season of the year. Trade has been comparatively brisk during 

 sumruer and Improvement is expected with the coming of the fall season. 

 Trices are in the main satisfactory but further advances are expected. 

 The outlook is considered most entouraginn. 



=■< LOUISVILLE y- 



Market conditions are regarded by hardwood men as generally satis- 

 factory. The demand has shown s:;;us of improvement, and in fact most 

 ol the leading operators state that orders have been received in satis- 

 factory volume. Prospects for fall business have been improved by the 

 recent benclicial rains which have fallen over many parts of the country, 

 making it appear that the damag-? to crops, which has been made much 

 c£ will be minimized. With the production of spring wheat and cotton 

 Itxed at luimper totals, the country can stand a small contraction of the 

 corn crop without much difficulty lumbermen believe. 



Quartered oak is one of the mo.it active items at present, with prices 

 holding up well. Plain oak is in good demand, the common grades moving 

 more freely than good, and inch being in much better call, relatively, than 

 thicker stock. Ash is also selling well. Poplar has shown some improve- 

 ment lately, but is still generally quiet. Chestnut is very slow just now, 

 though sound wormy is selling well on account of the increased activities 

 •of the panel makers. Ked gum is holding its own. Cottonwood is steady, 

 and is being bought in considerable quantities by the box manufacturers. 



=■< MILWAUKEE y 



Signs of the coming fall revival are evident in the local hardwood 

 market. Actual orders are increasing, while inquiries regarding prices 

 and stocks arc arriving from all sources. The outlook is especially good 

 and wholesale lumbermen are confident that business will be above the 

 average mark this fall. Building operations in this city are considerably 

 ahead of a year ago, while reports from the smaller cities and towns 

 about the state indicate unusual activity in the building fleUi. During 

 the first half of August there were 165 permits issued in Milwaukee for 

 structures aggregating in cost $541,150. During the corresponding 

 period a year ago there were 195 permits granted, representing an invest- 

 ment of only .S-il7.li43. 



The crop situation is unusually favorable, which ou.ght to give assur- 

 ance of a busy building season this fall. Threshing is well under wny 

 all over Wisconsin and the yield of small grain is fully up to normal, 

 with the exceptiou of barley. The barley production this season is falling 

 off, due to the smaller acreage and to a slight decrease in the yield. 

 The hot weather and extensive rains have resulted in a wonderful growth 

 of corn and predictions are being made that a bumper crop will be 

 harvested. The Wisconsin crop report for August, recently issued by 

 the state board of agriculture, is highly satisfactory. 



I'riees for all lines of hardwood are being well maintained and this 

 fact has tend.^ri to make buyers go carefully about placing orders, but 

 they are gradually coming to the point where they are convinced that 

 lower quotations cannot be expected. Stocks at most of the hardwood 

 consuming plants are light and it will be necessary for these concerns to 

 place larger orders from now on. The supply of northern hardwoods is 

 light, with the demand improving for birch, maple and basswood. Plain 

 oak is still the best seller in the southern woods. 



Reports from the northern lumber companies say that the mills are 

 meeting with a steadily increasing demand for hardwoods. Many orders 

 are being placed and thi' shipping movement is becoming more active daily. 

 It is said that several large producing concerns are weeks behind on their 

 orders. The sash and door concerns are seeking prices on birch and 

 maple and are beginning to order more heavily from the mills. Demand 

 seems to be good at the mills for ash, while crating elm is in brisk 

 demand. The call for basswood is not quite so .strong. 



=-< DETROIT y 



Conditions in the Detroit hardwood market the past fortnight havi' 

 been rather quiet. Prices continue high and steady on most grades of 

 hardwoods, the only decline being in hemlock and this only a slight 

 decrease. The flooring trade is fairly busy and the factorii's have been 

 "oorking full time. Indications are that the automobile industry will' 

 require during the next .year larger quantities of hardwoods than ever 

 before. Prospects, too. are extremely favorable to a big building boom 

 in Detroit this fall, winter and spring and hardwood men arc all opti- 

 mistic regarding future business. The box trade is fairly lively, hut 

 the box men are complaining because of the continued high prices of 

 liardwoo.'ls. 



MAHOGANY 



Regarding a big shipment of high-grade, selected 

 logs we are just receiving, our Liverpool brokers say: 



"Our own feeling with regard to this purchase is that 

 it is one of the finest ranges of logs we have ever sent 

 to the United States: they are mostly Grand Bassam 

 with a few Lagos and Benin." 



Their judgment ought to be convincing, as they 

 can't afford to make such statements without entire 

 justification — it would not be safe. 



This stock will be ready for your inspection, as 

 veneer, in a few days. 



We are also getting in a splendid lot of Circassian 

 and a big shipment of White Oak that we can vouch 

 for, as we selected it all ourselves. 



Early Inquiry Will Give Best Selection 



Fred W. Black Lumber Company 



Chicago, III. 



Take Dtoglas Park "L" to 40th Ave, and walk one block south 



Among the 



Functions of the 



Timber Factor 



Are: To locate, examine, estimate, classify and 

 appraise timbered areas; 



To assemble all necessary and useful information 

 respecting kinds, quantities and qualities of timber 

 and the topography of the land; 



To compile data showing costs and conditions un- 

 der which operations must be conducted and to 

 search out natural or possible markets. 



This information should be prepared by those pos- 

 sessed of Knowledge Essential to Comparison. 



We offer the timber buying and selling public the 

 benefit of thirty-five years' connection with the tim- 

 ber trade of North, Central and South America, of 

 accurate knowledge that cannot be gleaned from 

 text books. 



James D. Lacey & Co. 



Timber Land Factors 



Chicago, HI., 1750 McCormick Building 



Portland, Ore., 1104 Spalding Building 



Seattle, Wash., 1009 White Building 



