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Publlched In Ihe Intereat of Hardwood Lumber. American Hardwood Forests, Wood Veneer Industry, Hardwood Flooring, 

 Hardwood Interior Finish, Wood Chemicals, Saw Mill and WoodworKIng Machinery. 



Vol. XXV. 



CHICAGO. OCTOBER 25. 1907. 



No. I. 



Published on llie lOlh and 25lh of eacli nionlh hy 



THE HARDWOOD COMPANY 



HENRY H. GIBSON. Ed.tor. EDGAR H. DEFEBAUGII. Man.ntr. 



7lh Floor, Ellsworth Bldg., 355 Dearborn St., Chicago, III., U.S.A. 



Telephone Harrison 4960 



REPRESENTATIVES 



New Yirt . B. F. Lippold. .i27 Si. J.mcs Building 



Philadelphia ..... Jacob Hollzman. 319 Land Tille Buildin)! 



Pillabur. H. A. Lane. 906 Wabash Budding 



Cleveland ..... F. M. duller. Baldwin Holel 



Memphis ... H. I.. Wells. 310 Tennessee Trusl Building 



Norlhern Terrilory F. H. Lure, 3f)5 Dearborn Si., Chicago 



TERMS OF ANNUAL SUBSCRIPTION 



In the United States. Canada, Philippine Islands and Mexico . . $2.00 



In all other countries in Universal Postal Union ..... o.OO 



Subscriptions are payable in advance, and in default of written orders to the 

 contrary are continued at our option. 



Entered at Chicago Postoffice as Second Class Matter. 



Advertising copy must be received five dai.ys ii\ ai.dv&.r\ce of 

 publication dSLte. Advertising rates on application. 



NATIONAL HICKORY ASSOCIATION. 

 Secretary Fred A. Curtis amioiuices a meeting of this 

 association at the Auditorium Annex. Chicago, on Friday, 

 Nov. 1. 



HANDLE MANUFACTURERS' ASSOCIATION 

 A meeting of this association to perfect permanent or 

 ganization and to adopt new rules governing handle grading 

 will be held at the Grand Hotel. Indianapolis, Wednesday, 

 Nov. 20. 



NATIONAL VENEER & PANEL MANUFACTURERS' 

 ASSOCIATION. 

 The annual meeting of this association will be held at the 

 Auditorium Hotel, Chicago, Wednesday and Thursday, Dec. 

 18 and 19, for the election of officers and the transaction of 

 other important business. 



General Market Conditions. 



Without rogarj to the Wall Street mix-up of the last few days, 

 which has had comparatively little effect on the legitimate biisi 

 ness of the country, there is no gainsaying the fact that the gen- 

 eral lumber business is quiet. Hardwoods arc in infinitely better 

 shape than yellow pine, Pacific coast woods or llio northern 

 softwoods, but this is not saying very much. The large buyers of 

 the country are hedging. They are not making advance pur- 

 ^eliases, and the few orders that arc placed by them are .fiiiiply 

 Ctor present and exigent needs. This has its effect on the stnall 

 buyers, who are making purchases of the hand-to-mouth variety, 

 Offith the general result the country over, notably in the largo 

 C^ade centers, that the lumber business in all forms is slinv iiml 

 Mragging. 



1 1 iiiu>l iii-iil> ill- ii-calli'il tlial .spL'ciiiuliM-- l.Huliliiig in ail llu- 

 large cities has ceased for the present. Building reports show a 

 material falling off for the month over the same period a 3'ear 

 :igo. Such construction as is going on is largely made up of 

 steel and concrete, and lumber commodities are eliminated to a 

 very considerable extent. There still seems to be a multitude of 

 small work and repair work, which in the aggregate is consum- 

 ing a large quantity of miscellaneous material, as well as interior 

 finish, hardwood flooring, etc. 



The furniture trade is in fair shape. While the demand is not 

 startlingly large, there is a steady call on the furniture factories 

 which aggregates more than normal. Interior finish and flooring 

 t'ncturies are fairly busy. The trade in veneers and panels shows 

 somewhat of a decline, but the older houses with an established 

 trade seem to be having about all they can do. 



The Waning Hardwood Supply. 



in ;uinilii'i- siM-liiui lit' llif ll.viMiuipiiu Kki nicii will be found an 

 extremely interesting ami important article under the above title, 

 |ireparcil by William 1. Hall of the United States Forest Service. 

 It is not only a detailed exposition of the present status of hard- 

 wood lumber production, but a plea for the prompt and careful con- 

 servation of the great Apjialachian forests, which he regards as thi; 

 only jiossible .»ourc3 and solution of future supply. These mountains 

 contain the largest bodies of hardwood timber left in the country; 

 among thcin grow the greatest variety of tree species anywhere to be 

 louiiil; they are practically useless for agricultural purposes, and 

 properly protected from lire ami reckless cutting, they show a marked 

 tendency to rapidly reproduce depleted timber; the quality of the 

 material is of the finest, since the soil and climate combine to make 

 lieavy stiinils and rapid growth. Howevei', damage to this wonderful 

 region has lieeu so great that it will be years before it will agaiu 

 reach a high state of productiveness, under the most conservative 

 ;;nd exjiert management. Until such time as it does, hardwood lum- 

 lier manufacture must steadily decline, and within the next fifteen 

 yettrs it is predicted that the shortage will be seriously felt. 



The Handle Association. 



The ( ijinmittee iiii I'eniNiinnl I iiyaiiizatiun of the handle mjinn- 

 facturers of America, authorized at the meeting held in Chicago 

 Oct. S, is busih' engaged in attetnpting to secure a large member- 

 ship for the proposed association. The meeting on permanent or- 

 ganization will take place at the Grand Hotel. Indianapolis, 

 Wednesday, Nov. 20. 



Copies of the ]irop<ised constitution and by-laws lutve been for- 

 warded to more than GOO handle manufacturers throughout the 

 country, together with apiilication blanks for nu'inbership in the 

 association. Responses in the way of signed .applications and 

 indorsements and $10 checks for membership dues, in case the 

 permanent organization is formed, have been received in sufTi- 

 cient volume by the secretary of the committeo to guarantee the 

 future of such an organization. However, in volume of applica- 

 tions, as compared to nutiibers interested in the industry, there 

 are comparatively few. 



If the handle manufactures ul' the I'liited States ami Canada 

 are reallv interested in the betterment uf the conditions surronte! 



