HARDWOOD RECORD 



37 



Timber 

 Estimates 

 Guaranteed 

 Correct 



% Do you want to know, almost to a tree, 

 just what timber there is on a tract ? 



f When you pay out your money for tim- 

 ber, it is important to know exactly 

 what you are buying. The only way 

 to know this is to have Estimates 

 made of the timber. 



U Our large corps of experienced timber 

 men will do this right. 



^ We cross each forty, each way, four 

 times. 



^ THERE IS NO CiUESS WORK. 



\ We furnish maps showing exact location 

 of timber— streams and surface condi- 

 tions, affecting, in any way, logging 

 operations. 



•^ No tract too large — none too small. 



•i Correspondence solicited. 



Barney & Mines 



Tennessee Trust Building 

 Memphis, Tennessee 



wood there has been a big demnDd within the 

 past few weeks for red oak and the supply has 

 Leen exhausted. 



POPL.AR 



Rough and Dressed 



SOUTHERN HARDvVOODS 



M. A. HAYWARD 



1021 Saving and Trust Bldg., Columbus. O. 



CORRESPONDENCE SOLICITED 



WhL-n voii l);ivp wnvthlnsr to eel', '^r wish to 

 pur<:h.i(>e anythlug in the way •>! 



HARDWOOD LUMBER 



CROSS TIF.3 OR PILINQ 



Norval Osburn, Seaman, Ohio 



COUNTERFEIT CHECKS 



itrt* rreqaeDt 

 .-\icpt wheru 



Two Piece 

 Geometricil 

 Btrltr Cola 



Ifl IQ u«e. th«-n 

 Imllatlon Iso'c 

 poulb e. 

 Sainplolf joi; 

 uk lor It. 



S. D. CBILDi 

 e CO. 

 Chicago 



W.. ' , T '- 



St. Louis. 



The hardwood sltuatlun l.s not ai all satis- 

 factory. Trade Is very quiet and comparatively 

 few orders are being booked. The car shortage 

 Is not striking the hardnood dealers as hard 

 as It Is the ye:iow pine people. A good volume 

 of lumber Is roniing In. The probable reason for 

 this Is because the territory furnishing hard- 

 wood Is larger In extent and hardwood manu- 

 facturers seem to be exceedingly anxious to get 

 their output to the market. Dealers who have 

 been through the hardwood sections say that 

 the mills are well supplied with logs, as the 

 weather of late has been Ideal tor logging and 

 mllliitg. 



One of the strongest Items on the hardwood 

 list is quartered white oak. Dealers are getting 

 lair prices for it, because of Its scarcity. As 

 consumers of gum are pretty well supplied and 

 will use what stock they have on hand before 

 ordering more, the market for gum Is dull and 

 there Is little of It moving. There Is a steadi- 

 ness In Cottonwood prices, but box raaterlnl has 

 fallen oft about a dollar a thousand. Two-and- 

 one-half-lnch and -l-inch ash is being received 

 in fairly good quantities and the prices on it 

 are steady. There Is a demand for high-grade 

 poplar and good prices prevail. Common and 

 lull are a drug on the market and no one seems 

 lu want them. Cypress is dull. This condi- 

 tion is caused by the quietness in building op- 

 erations. Dealers seem to be pretty well stocked 

 up on it. As the supply is greater than the de- 

 mrtiul. prices are off. 



Memphis. 



l)emand for hardwood lumber in tills market 

 is extremely quiet, buyers not taking anything 

 beyond their most pressing requirements. The 

 linnncial stringency prevailing over the entire 

 country Is regarded as responsible for this con- 

 dition. Instead of buying freely, those who have 

 already made purchases for later delivery ar<; 

 asking that shipment be held U|j for thirty to 

 sixty da.vs. Most of the big consumers are out 

 ^»t the market for the time being, pending de- 

 \eIopments in the situation, and the opinion here 

 is ihat there will he very little improvement in 

 business until there is some loosening up of 

 miuiey. It is believed, however, that the 

 stringency will not last long, and that, when It 

 is relieved, there will be not only a good demand 

 but that prices will lie better even than recently. 

 'Ibis view Is based on the fact that consumers 

 iii-e allowing their .stocks to rini down very low. 

 Miicl also on the fact that, owing to the dlfli- 

 I iilties surrounding production, tlie mills are 

 I Milling out a very small amount of lumber. 



'I'hr only lumber which siiows positive weak- 

 ness Is gum. The demand for Ibis is strikingly 

 small, while there is plenty to meet all rinpilre- 

 lueiits. Oak Is one of the steadier items, being 

 ill fairly good demand in liotli plain and quarter 

 sawed. .\sh is not In quite so active request 

 as a sliort time ago. but there is no surplus of 

 Ibis liiirber. and the indications arc that all of 

 It will be taken care of. Cottonwood Is steady 

 ill all grades and there is a fair demand fur it. 



There is very little poplar for sale in this 

 market, and what Is offered is taken at very 

 satisfactory prices. Cypress is also offering In 

 a limit. -d way and those who have (his to sell 

 are makln.g fairly good headway. 



New Orleans. 



Though conditions here are not In the best 

 of shape, there Is a fair export ileiuand for luni 

 ber and some shipments are being made. Slaves 

 are In good demand, with the result that thou- 

 >'and» are belna shipped out weekly. Trlci's on 

 staves arc said to In: good. Thi- interior demand 

 for hardwoi>ds holds up well and the demand is 

 being supplied In as satisfaeinry a manner a< 

 lite ear sitnalbiii will penult 



Minneapolis. 



The best business twin city wholesalers have 

 had of late has come from the railroad com- 

 panies, which have been buying a good many 

 oak ties and placed some good orders of car 

 material. The factory trade has been rather 

 quiet on the whole. All the plants have en- 

 joyed a good business, but with the troubled 

 llnanclal situation In sight they are Inclined 

 to lake in sail and not figure too far ahead. So 

 while lliey have been buying right steadily. It 

 has been In small lots for hand to mouth con 

 sumption. I'rlces have not changed material- 

 ly. Demand for oak has not been as heavy 

 as it was, and plain white oak seems plenti- 

 ful, but the offerings of red oak and of quar- 

 ter-sawed are not burdening the market, so 

 that the price continues firm. There Is a fair 

 amount of birch lu sight, and lately some low 

 grade stuff has beeu making lis appearance, 

 being offered to box men. One lot of Xo. 3 was 

 quoted as low as .•Ji::."." here. With anything 

 like the ordinary demand from now ou birch 

 stocks will be cleaned up, but the prospect of 

 a slowing up induces some holders to try to 

 turn It into cash now. 



Hassivood is so scarce that a slack demand 

 does not weaken It. Other northern hardwoods 

 are practically out of the market. The coun- 

 try trade is rather slow, and calls chledy for 

 flooring and for wagon stock. Flooring in the 

 lower grades has been moving well and is firm. 

 The Indications are for some reduction in the 

 output of northern hardwood next season, 

 though based on the season now closing there 

 would be no trouble in marketing last win- 

 ter's output again. Most operators are hedg- 

 ing against a possible falling off In business. 



Liverpool. 



rhe mahogany auction sales of October 17 and 

 18 passed off rather quietly, as a great deal of 

 inferior wood was siiown. A large quantity was 

 off.'ied and prices ruled slightly higher than 

 valuations of some of the big local companies, 

 which were based on the results of last sales. 

 It is quite extraordinary how the price Is keep- 

 ing up with the huge import now coming In. 

 which goes to prove how good tlie demanil Is in 

 this. country and the States at the present mo- 

 ment. Some very low prices for Gaboon ma- 

 hogany have ruled, but a rapid rise In the value 

 of this wood, which Is very largely being useil 

 In the place of Canary whitewood (poplar) by 

 <ahini-t makers, is looked for. Gaboon Is a poor 

 wood, but surely it is as good, it not better, 

 than .\ci. 1 common poplar boards, and a mo- 

 ment's compari.scm of lb.' values today will 

 show what an advantage Gaboon mahogany 

 gives. Oak boards are rather lirmer, mainly 

 owing to the difficulty of getting goods forward 

 from New Orleans. Wagon oak planks are, how- 

 ev<r. somewhat easier — a few carloads on con- 

 tract and oil consignment have slightly eased 

 the slriiiii eaiiscd to wagon builders by tlie re- 

 tent scarcity. 



iligii values for hickory during the next few 

 months are expected. Shippers should not hesi- 

 tate ill sending wood to tills market, and let 

 them remember that It Is the early shipments 

 which realize the highest values. It Is said 

 that the leading I uyers at this port arc prepared 

 to pay high figures for delivery lietween now 

 • and March. The logs arriving In November, De 

 cember and January will be much sought after 

 and keen competition will take place to get hold 

 of the stock required. One bu.ver here Is to 

 deliver 2,000 logs to bis customers between No- 

 vember 1 and February 1. and up to now has 

 nut been able to buy a log. Shippers would do 

 well to ship every log they can gel hold of to a 

 respectable Arm of brokers here and hold for 

 high prices. They will get almost what they ask. 



Ash planks arc weaker, as are alwo second 

 growth logs. The larger loss are, however, vei >• 

 scarce. Poplar Is somewhat qiilel. i hough higli 

 quiitiiiioDs generally prevail. 



