June 10, 1922 



Hardwood Record — Veneer & Panel Section 



45 



(Continued from page 42) 

 birch is the only item that is showing real strength in price. Mr. 

 Smith expects good demand for veneers and plywood to develop 

 from the furniture people in the fall. 



There has been little change in the veneer and panel busi- 

 ness within the last thirty days and it has been generally pretty 

 slow, H. F. Arnemann of the Veneer Manufacturers Company, 

 said. However, the tone of the market is better, Mr. Arnemann 

 thought. The trade is looking forward to real improvement in the 

 fall. Then it is expected the effect of the building boom will begin 

 to be felt by the veneer and plyw^ood people, for the furnishing 

 of the new homes w^ill have created a heavy demand for furniture. 

 Building thus far has made little difference in demand for veneers 

 because it has not reached the stage w^here it demands much of this 

 kind of material. But the general tendency of prices is upw^ard 

 and rew^er items are being sold at cost or lower than was the case 

 thirty days ago. 



The extensive building operations have greatly increased the 

 demand for birch veneers and panels, because of the popularity 

 of this material for doors; and this has helped to create a unique 

 situation in the market. There is almost a famine in birch and 

 prices have advanced over 25 per cent in the past sixty days. This 

 is due to the scarcity of logs. During the w^inter of 1920-21 the 

 northern veneer mills got out large quantities of logs, which the 

 slump of 1921 left on their hands. But this last winter they 

 remembered what happened to them in 1921 and did very little 

 logging. As a result the unexpected demand for birch veneers 

 has caused a log famine. In order to meet the demand many of 

 the mills have been forced to resort to summer logging, which 

 costs just about twice as much as w^inter logging. This has re- 

 sulted, naturally, in higher prices. But Mr. Arnemann is afraid 

 that the rapid advances in the price of birch will cause an unfavor- 

 able reaction. 



Tom Dean of the Dean-Spicker Company, estimates that con- 

 ditions are a little easier, collections better and inquiries increased. 

 He finds business still far from normal, however, but is looking 

 forward to a good business in the fall because of the need of 

 furnishing the homes now going up all over the country. Prices 

 in the figured woods are holding up fairly well, he said, but most 

 business is so intensely competitive that the margins of profit are 

 very low. 



R. M. Bickford, vice-president of the J. C. Deacon Company, 

 is optimistic about the outlook for veneer and plywood business. He 

 finds that it has been improving steadily w^ithin the past few^ w^eeks 

 and believes this improvement will continue for some time. It 

 is his belief that the improvement in demand and prices will soon 

 arrive at a position which will enable the dealers in plywood and 

 veneer to realize a fair profit on their business. The business for 

 the last fev/ months has afforded the seller very little more than an 

 even break. The improvement is being largely brought about, 

 according to Mr. Bickford's experience, by the marked increase 

 in demand from the building industry. Mr. Bickford has every 

 reason to believe that the makers of trim and doors will be taking 

 large quantities of veneer and panels for several months to come. 



Wulpi Will Witness Passion Play 



One of the familiar figures in the table manufacturing and the 

 veneer and plywood manufacturing industries who will witness 

 the Passion Play in Oberammergau this year is M. Wulpi of Chi- 

 cago, commissioner of the leading associations in these tw^o indus- 

 tries. Mr. Wulpi will sail in July and will spend several months 

 abroad. He will be accompanied by Mrs. Wulpi. 



Chair and furniture factories at Jasper, Ind., Tell City, Ind., and 

 Ow^ensboro, Ky., and Henderson, Ky., are being operated on much 

 better time than they were on the first of the present year, and 

 the outlook for summer and fall business is said to be very good. 



Bankrupt Sale of 



Valuable 



Manufacturing 



Plant 



• In the 28th day of June, 1922, beginning at 11 

 o'clock A. M., before the County Court House in 

 Alacon, Bibb County, Georgia, I will sell at Public 

 Auction, the Plant of Flora American Plywood 

 Company, Ltd., together with all machinery and 

 equipment. 



The Plant is located in the City of Macon, Georgia, 

 with railroad sidings, and comprises a tract of ap- 

 pro.ximately si.xteen and one-half (I6I2) acres of 

 land. The buildings consist of a modern office build- 

 ing and thirteen buildings, substantially constructed 

 and equipped with elevators, steam heat, plumbing, 

 automatic sprinkler system and electric light. 



The machinery is modern and in good condition, 

 and includes : 



Coe Veneer Lathes 



Coe Veneer Clippers 



Whitney Scrapers 



Van Atta Hot Plate Presses 



Columbia Sanders 



Coe Veneer Dryers 



Allis Chalmers Generator and Motors, 



together with logging equipment, Lidgerwood skid- 

 ders, and loaders, locomotives, automobiles and mo- 

 tor trucks, large crane with engine, veneer hogs, rip 

 saws, jack lifts and trucks, boilers and engines, 

 grinders, air compressors, trimmers, saws, time 

 clocks and office furniture. 



L'ntil recentl)' this plant was successfully oper- 

 ated for the manufacture and sale of plywood, and 

 is thoroughly equipped to resume operations at once. 



Terms of sale: The property will be sold under 

 orders of the District Court of the United States, 

 for the .Southern District of New York, in the case 

 of Flora American Plywood Company, Ltd., Bank- 

 rupt, in Bankruptcy, for cash to the highest bidder, 

 subject to confirmation by the Court, and will be 

 sold freed of liens except taxes for 1922, which are 

 to be prorated. The successful bidder will be re- 

 quired to deposit 10 per cent of his bid, to be re- 

 turned without deduction if the sale is not confirmed. 



The property will be offered as a whole and in 

 two parcels, one of which will include the land, build- 

 ings and power plant, and the other will include all 

 the machinery and equipment, and whichever method 

 of sale produces the best price will be reported to the 

 Court for confirmation. 



For further information apply to the undersigned. 



J. LLOYD DERBY 



Trustee in Bankruptcy 



68 Williams Street New York City 



