56 



HARDWOOD RECORD 



July 10, 1922 



Manufacturers 

 of 



Stimson's 



HARDWOOD 

 LUMBER 



Annual Output: 50 Million Feet 



J. V. Stimson 



Huntingburg, Ind. 



Stimson Veneer & Lumber Co, 



Memphis, Tenn, 



J. V. Stimson Hardwood Co^ 



Memphis, Tenn., and Helena, Ark. . 



STRABLE 

 Lumber & Salt Company 



SAGINAW, MICHIGAN 



Manufacturers 

 Hardwood Lumber, Maple Flooring 



ALL GRADES AND THICKNESSES 



MODERN DRYKILNS AND PLANING MILL 



Insist upon 



Wolverine Maple Flooring 



"Best 1) y Test" 



foXapTa Fiirll™ Maple, Bifch, Basswood, Elm, Beech 



The Tegge Lumber Go. 



High Grade 



Northern and Southern 



Hardwoods and Mahogany 



Specialties 



OAK, MAPLE, CYPRESS, POPLAR 

 Milwaukee, Wisconsin 



provement in basic conditions are coming from many directions, more- 

 over, so that there is good reason for feeling encouraged over the pros- 

 pect, even it the results so far have not been extraordinary. 



CLEVELAND 



Thf enormous increase in the output of the automobile factories, and 

 the Imijrovcment in the building situation, together with the increasing 

 demand for hardwood from the box factories and the furniture trade, have 

 placed the hardwood market back on its feet again. 



Dealers report that during the last month an increase of $10 a thou- 

 sand feet in first and second grade hardwood has been noted. 



Oak and maple flooring have also followed suit and have increased $5 

 a 1.000 feet. A jump in popularity has been taken by oak and maple 

 during the past few weeks, and dealers are finding that it is rather dif- 

 ficult to obtain them. 



The demand for furniture is now making mahogany and walnut more 

 profitable for dealers to handle. 



CINCINNATI 



Jane proved a very satisfactory month for the local hardwood trade, 

 while some of the distributors transacted a larger vtplume of business than 

 they did in May, which was the banner month so far this year. During 

 the past two weeks both orders and inquiries have shown an increase, and 

 there is a little stronger tone to the market and prices are holding quite 

 firm. There is a good demand for the best grades of hardwood lumber. 

 Oak, walnut, ash and poplar are the most popular items. Local wood- 

 consuming factories are being operated on better time, and some of the 

 furniture factories now are running on practically pre-war basis. Chair 

 and desk manufacturers report that the trade outlook is better than it 

 has been for some time in the past. Veneer manufacturers state that their 

 trade will steadily get better as the demand for furniture picks up. There ^ 

 has been a slight falling off in the takings of the automobile manufacturers 

 during the past ten days, which a majority of the wholesalers are unable 

 to account for. Now that the railroad freight rates have been reduced, 

 local dealers look for a little better buying of hardwoods, as it is believed 

 many of the buyers were holding off purchases until the new freight rates 

 became operative. The export situation is looking better than for some 

 time, and this factor has added an encoui'aging aspect to the market. 



INDIANAPOLIS 



All things considered, the hardwood market continues rather excep- 

 tional. Due to seasonal influences and a price reaction the demand from 

 the retail trade is not what it was, but the industrial takings are show- 

 ing more strength than for many months. Leading the industrials is the 

 furniture trade. Most of the manufacturers returned from Gran<l Rapids 

 with about five times as much business as they expected and the result 

 has been nn almost instantaneous increase in production. Nor is this all, 

 for they predict that fall will see an even greater demand. During the 

 past week there was a little stronger demand noted from the automotive 

 industries and the agricultural implement factories in Indiana are looking 

 for more business this fall and are increasing their production schedules. 

 The music trades show a little demand, but not so marked as in other lines. 

 Retailers say price increases have been responsible for the falling off in 

 demand from the construction industry. 



EVANSVILLE 



The hardwood lumber nianufactiircrs and wholesalers of Evansville and 

 southern Indiana report that tholr trade during the month of June shfiweil 

 some improvement over that of May and that they are looking for a very 

 good business during the months of July and August, although they are 

 not expecting anything like a boom. The demand for both the best grades 

 of hardwoods, as well as the lower grades, is a great deal better than it was 

 at the first of the year. A good deal of lumber is being sold now for con- 

 struction work and the automobile industry also is taking considerable 

 lumber and the wood consuming plants of Evansville, such as the furniture 

 and desk factories, are using a great deal of lumber. Collections are very 

 good and general trade con<litions have steadily iniproved since the first 

 of the year. The fact that lumber stocks are reported low in various 

 parts of the country lead many of the manufacturers to believe that lum- 

 ber prices are going to get better in the near future. Prices on certain 

 grades in the local market have been tending upward for some time past. 

 The various wood consuming plants of Evansville are being operated on 

 an average of 50 hours a day or more and it is believed that in some in- 

 stances they will be running on better time than this by the first of Sep- 

 tember. 



MEMPHIS 



Shipments of hardwood lumber have shown some increase during the 

 first few days of July compared with the closing days of June. Tbis is 

 due primarily to the fact that some buyers delayed placing onU'rs until 

 the If.wer freight rates became effective July 1, while others, though plac- 

 ing ili.ir orders, asked that delivery he deferred until the effective date of 

 the Iiiwer rates. Shipments during June were not quite as large as those 



