51. 



HARDWOOD REC ORD 



W A N T E D 



All Kinds of High-Grade 



HARDWOODS 



S. E. SLAYMAKER & CO. 



Representing „ „ „„ Fifth Avenue Buildine, 



WEST VIRGINIA SPRUCE LUMBER CO., wi?«/ vnolrf 



rasB. 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 Returned 

 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 requirements, 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 



active tban formerly. Chestnut, good poplar, hickory and some other 

 woods are slow just now. and a surplus in these lines is accumulating, 

 making it probable that flight concessions in price will be made from 

 time to time. 



=■< ST. LOUIS >-= 



The hardwood trade seems to be improfing to a slight extent, allhough 

 not so much as was anticipated some time back. Most of the buying being 

 done is in small order lots, Just enough to supply the demand of the 

 retailers. The consumers are also buying in the same way. Neither are 

 stocking up for future requirements. The only exception is the car manu- 

 facturers, who are buying rather freely of ash. The furniture factories, 

 too, are coming into the market quite liberally with their orders. 



The best item on the iist is oak. Ash is also in pretty fair demand. 

 Ash in long lengths and thick oak are in particularly good demand. Prices 

 are bei&g fairly well sustained, although some concessions on oak are 

 reported. The other items remain just about the same as they have been 

 for some time. Cypress is going quite well, but trade is not up to expec- 

 tations. Orders are small, like those of other hardwoods, but purchasers 

 are coming in freely. 



=-< ARKANSAS > 



Continued heavy rains during the past few weeks have had their effect 

 on Arkansas crops, adding materially to the falling off in yield which 

 had been experienced by reason of the drouth prior thereto. The yield 

 of cotton and other crops will be much less than was promised by the 

 good prospects early in the summer, but the advanced price for which 

 cotton is being sold indicates that the farmers will have a good supply 

 of money this winter with which to do the building as planned, and the 

 lumber market should continue to grow stronger as the season advances. 

 Fortunately, too, Arkansas no longer depends entirely upon the cotton 

 crop. The apijle crops and the rice yields are good, and other products 

 of the soil are making fair returns. Only a tew sections will he seriously- 

 damaged by reason of the loss in cotton production. 



The heavy rains, however, have made the logging bad, and many of 

 the hardwood mills which draw from the timbered districts in the bot- 

 toms are experiencing considerable difficulty in getting logs to the mills. 



=-< MILWAUKEE >= 



One of the most satisfactory features in the local hardwood market is 

 the fact that there is very little price cutting going on this season. 

 Trade is showing steady improvement, while stocks arc not especially large 

 and buyers have about come to the conclusion that no more price reduc- 

 tions arc to be expected this fall. Receipts of both northern and south- 

 ern liardwoods are showing some increase, but stocks are not piling up In 

 any line. 



Low-grade hardwood is holding especially firm, due to the increased 

 demand for this stcdc from the local box manufacturers and from other 

 sources. Hardwood flooring is active and the market is firm, with the 

 result that higher prices arc looked for in this line. Maple and birch 

 in both upper and low grades seems to be fairly active. Prices on south- 

 ern hnrdwoods are a little stronger than they have been, with demand 

 especially good for plain oak. 



There is still a disposition on the part of the sash and door manufac- 

 turers to buy only enough to meet their present requirements. Stocks on 

 hand at most of the sash and door and interior woodworking plants seem 

 to be rather light, so a better trade from this source is looked for later, 

 as the tall building season makes greater progress. Local furniture 

 manufacturing concerns are meeting with a good business and are placing 

 some good orders for stock, according to wholesalers. Farm implement 

 concerns about the state have met witli a good business during the past 

 season, ilue to the excellent crops harvested in this section of the North- 

 w"st, and all are now placing good orders for stock. 



A member of the Wisconsin railroad commi.ssion reports that there 

 is not the slightest danger of a car shortage in Wisconsin this season, 

 despite the heavy crop movement. The railroads have placed from 5.000 

 to 10.000 new freight cars in service in this state during (he past year. 

 while shippers in various lines have been urged to get through their 

 stocks before the crop rush began. • 



Although permits were taken out last year for two unusually large 

 structures, one to cost .$2,000,000 and the other $1,600,000, building 

 operations in Milwaukee at this time are less than ,$2,000,000 behind the 

 figures in force a year ago. Investments in building operations during the 

 first nine months of 1913, indicated by figures in the office of the build- 

 ing inspector amounted to $10,054,583, as compared with $11,813,218 

 for the corresponding period a year ago. 



-^ DETROIT y. 



The Detroit hardwond market has been in very good condition the past 

 two weeks. Continued activity in the building lines has kept hardwood 

 dealers busy. Prices have remained high and statiiuiary. "rrices are as 

 lirra as the Rock of (iilirMllar and there isn't much ihanee that they 

 will decline, either," said a leading hardwood man. The hardwood fioor- 

 ing trade has continued in prosperous shape and orders and inquiries are 

 plentiful. The box and veneer trades also report a very fair volume 

 of business. 



