48 



HARDWOOD RECORD 



NASHVILLE 



Lutal lumbermen are yanguinc over IIil' out- 

 look for the remaindei- of tbe fall liusiness. From 

 all sources comes the information that much im- 

 provement has been shown during the past week 

 or ten days. 



Much activity is noted just at this time in the 

 hickory market. The wagon people have come 

 into the market and have gone after two inch 

 stuff in a lively manner. Tp to this time this 

 wood has been rather dull.^'The vehicle manu- 

 facturers are showing activity and are after 

 wood to last them through the winter. The 

 demand for all grades quartered oak, both white 

 and red. is good and promises to be better dur- 

 ing the next sixty days. Dealers are expecting 

 a return of the oidtime activity in this wood, 

 riain red oak has shown an improvement. Ash, 

 beech and chestnut are in fair demand. While 

 business is good with the llooring interests, the 

 demand from the East is not as stiff as during 

 the warmer months. A good deal of building is 

 in progress and there is an active retail trade, 

 locally. 



LOUISVILLE 



While the demand for hardwoods is not show- 

 ing marked activity, there is a satisfactory 

 volume of business being handled, and ship- 

 ments for October, 1910, showed a healthy in- 

 crease over October, 1909, and last month. No 

 consumers of note are buying stocks of any 

 size, but are ordering almost entirely for im- 

 mediate consumption. While some items on the 

 stock list have shown weakness of late, the 

 trend of prices as a whole is along present 

 levels, and no decided declines are looked for. 

 Quartered oak and poplar have been somewhat 

 weaker than usual, but plain oak remains in 

 good demand. Cottonwood is selling well for 

 consumption by the box factories. Gum also is 

 in fair demand. Mahogany is showing im- 

 provement, and veneers are also selling in larger 

 volume. 



ST. LOUIS 



There has been a noticeable betterment in 

 the local hardwood trade, although buying is 

 erratic. Prices are not affected any by the 

 betterment in the demand. The items most in 

 <lemand in this market are plain oak and red 

 gum in the better grades. The demand for 

 poplar and ash is fair. Cottonwood, maple and 

 hickory also find a sale. The cypress demand 

 continues to be good. Both red and yellow 

 cypress are in seasonable demand. Selects are 

 mostly wanted. What buying is done is for 

 immediate use. Most of the orders coming in 

 are for immediate shipment. Prices are more 

 steady than they have been for some time. 



MILWAUKEE 



Considerable improvement has taken place in 

 the local hardwood trade during the past fort- 

 night. While the demand from the building 

 source is very little stronger, business in other 

 lines is more brisk. The furniture factories are 

 placing larger orders and the box manufactur- 

 ers are buying more readily. The fact that box 

 people are in the market for more lumber seems 

 to have done much to brighten up things in 

 lower grade stocks. Retailers about the stale 

 seem to realize that now is a good time to stock 

 up and wholesalers report a better business from 

 this source. 



Stocks at the northern mills are reported to 

 be large in most lines. Birch stocks are de- 

 cidedly low at the local market and prices are 

 naturally holding strong. Prices in plain oak 

 are being well maintained and predictions are 

 being made that advances may be expected in 

 white quarter-sawed. Basswood is a little 

 stronger as a result of more activity with the 



box manufacturers. Maple is in lively demand 

 and maple flooring manufacturers seem to be 

 especially busy. 



NEW ORLEANS 



Owing to the high ocean rates, the export 

 trade is anxious, and awaiting developments. It 

 will be .some time before the European mar- 

 kets are strong enough to overcome the in- 

 creased cost of delivery there. In the Central 

 and South American trade, scarcity of tonnage 

 and high charters also limit the market, and 

 at present there is a considerable falling off 

 from the large volume of shipments earlier 

 in the year. 



The stave situation is unchanged, and while 

 shipments are going forward, it is not in ex- 

 cess of what it should be this season, and the 

 volume of trading is only fair. 



The season for hardwood logs is not yet at 

 hand. It is thought, however, that business 

 in this line should brighten up .somewhat in 

 the next thirty days. 



MINNEAPOLIS 



Factories in the Twin Cities are light buyers 

 at this time, and seem to he holding oCE for 

 more attractive prices. The situation both as 

 to oak and northern hardwoods is firm, how- 

 ever, and those who hold stocks of birch and 

 maple In the upper grades are not going to let 

 them go lightly. There is a decided scarcity 

 and though quotations may be considered high 

 now. they are sure to go still higher before 

 spring. Basswood is in somewhat better de- 

 mand and seems firmer in p*ice, except culls, 

 which are still weak, and not much in demand. 



The yard trade is quiet and calls for only 

 an occasional mixed car.. Such orders of course 

 command top prices. Wagon stock is a leading 

 feature and shipments of flooring have been 

 quite heavy. 



Oak is ruling somewhat stronger in .conse- 

 quence of advices from the South, the northern 

 supplies being too small to affect tbe market 

 to any extent. Plain oak has been in fairly 

 good call, but orders are beginning to fall off. 



SAOINAW VALLEY 



Dealers and manufacturers report a steady 

 improvement in the local trade. Prices rule 

 steady and the only item in the list that is not 

 active is basswood, considerable quantities of 

 that commodity having accumulated in the bands 

 of manufacturers. There is a good movement 

 in special orders for timbers for bridge build- 

 ing and structural work. Thick maple is strong 

 but there is not enough of it to supply the 

 trade. There is a light supply of birch avail- 

 able at firm prices. There has been a good 

 movement in beech and elm, while ash stocks 

 are limited. Some oak is being shipped out. 



There is considerable less stock in the hands 

 of manufacturers ready to be shipped than there 

 was a year ago, and the outlook for the winter 

 in regarded as good. 



DETROIT 



Tlie local hardwood market has been some- 

 what unsettled during the past two weeks but 

 indications point to a speedy return to normal 

 conditions. Trade has been quiet in some lines, 

 but prices have held remarkably firm. The fea- 

 ture of the market seems to be the strong In- 

 crease in the demand for white ash, which is 

 now being used extensively by automobile manu- 

 facturers for running boards for their machines. 

 The best grades of oak and maple are In de- 

 mand, while poplar shows strength. Collections 

 are poor and harder to get than ever before. 



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