38 



HARDWOOD RECORD 



satisfactory. Orders are small anil purchases 

 are only made for present needs. The near 

 iipproneU to sto.-k-Uikin); linn'. the fallln!,- off In 

 bulldlDK operations, the liiinncial stringency and 

 the unsettled condilions are all combining to 

 cause present conditions. The dealers are en- 

 deavoring to offset the quietness In trade by 

 cutting off all unnecessary expenses and quite 

 a nunil)er of employes have been laid off. 



Ihc dealers realize that when the demand 

 starts up good prices will be realized and the 

 wise ones, with capital enough, arc taking ad 

 vantage of conditions. While receipts are iu 

 fair volume, because of the easing up of the car 

 shortage, they are mostly on contracts made 

 some time ago. There is a fair demand for 

 quartered oak, especially white. Prices on the 

 latter are maintained. Low-grade cottonwood, 

 gum and ash are having a moderate sale, but 

 slight concessions in prices are being made. The 

 cypress market is dull. 



Kashville. 



Things are reported as quiet with the local 

 lumbermen. There is no cutting of prices and 

 confldencc prevails. All feel that the present 

 conditions will not continue much longer. The 

 production of lumber just now is not as heavy 

 as the consumption, and dealers are curtailing 

 their outpnt in order to keep from getting over- 

 stocked. The car shortage is a thing of the 

 past. 



While the old prices prevail, nothing much 

 is moving. Quartered oak, however, in all 

 grades is in pretty good demand, and so are 

 the upper grades of poplar. Hickory and ash 

 are likewise in good demand. Plain oak is a 

 little slow. 



Memphis. 



Demand I'm- bardwuod lumber is light and 

 the volume of business transacted is decidedly 

 below the average for this season. There are 

 more inquiries, however, and these are accepted 

 as indicating a possible increase in business in 

 the near future. There is no change in condi- 

 tions surrounding production. Host of the mills 

 which suspended operations a short time ago are 

 still shut down, and while it is true that only 

 a moderate amount of lumber is being shipped 

 out, it is equally true that there is a very small 

 amount going on sticks. Collections are reported 

 rather slow in most directions and many pay- 



POPLAR 



Rough and Dressed 



SOUTHERN HARDWOODS 

 M. A. HAYWARD 



1021 Saving and Trust Bldg., Columbus, O. 



raents arc being made in notes and other paper. 

 E.\port business in thin gum. thick ash and 

 some grades of while oak Is fairly gixid, but 

 there is no particular rush even in this. Cotton- 

 wood is a shade easier in the higher grades. The 

 lower grades are in very satisfactory request, 

 and, so far as can be learned, offerings are com- 

 paratively light. Bo.x manufacturers are still run- 

 ning on pretty full time, but they say that new 

 business is slow in coming forward. The 

 strength of ciittonwoofl appears to be based more 

 iMi the scarcity of offerings than on any pro- 

 iicunicd demand for the moment. Gum is easier 

 in all grades and the demand is comparatively 

 light. Ash is moving in only fair quantities, 

 but there Is not a great deal for sale, and hold- 

 ers are disposed to ask pretty full values. There 

 is only a limited call for cypress, and this wood 

 is distinctly dull at the moment. I'oplar is 

 held in only a moderate way here and those who 

 hold it are not disposed to make any conces- 

 sions thereon, believing that the scarcity of 

 stock will prove a stimulating factor. White oak, 

 both plain and quarter-sawed, is in fair demand, 

 but red oak is moving rather slowly. 



New Orleans. 



Though exports from New Orleans have not 

 been very heavy during the past fortnight, there 

 is evidence of some little improvement in the 

 export demand, and the shipments to European 

 ports have been holding up pretty well. Gener- 

 ally, however, conditions have changed very lit- 

 tle, if at all. The mills are cutting a good 

 deal of stuff to supply the interior demand, 

 which is fair, and as fast as they can get the 

 cars are shipping into the interior. Their opera- 

 tions in this direction are still restricted by the 

 car shortage, the sugar and cotton crops coming 

 in for a large number of cars that the lumber- 

 men are in need of. Good quantities of staves 

 and logs of various sorts have been sent out 

 of New Orleans in the last two weeks. 



Minneapolis. 



Twin City hardwood dealers have been com- 

 paring notes on the question of stock, and all 

 agree that the supply of dry hardwood lumber 

 is the lowest ever known in this section of the 

 country at this time of year. Basswood is 

 very low, there is hardly any rock elm, or even 

 soft elm, and ash is practically out of the 

 market. Maple is far below normal, and there 

 is only a small amount of red oak, while all 

 the white oak available is now coming from 

 the south. There is just a fair stock of birch, 

 and its use is increased by the scarcity of other 

 material. Prices are a little weak on birch in 

 sympathy with the general situation, but deal- 

 ers are reasonably certain that there will be a 

 scarcity of this wood in the spring. If there 

 is anything like a normal winter trade in birch, 

 it will be cleaned up before new stock is ready, 

 so that the situation from the standpoint of 

 supply is strong. Demand is temporarily quiet, 



but some good signs have been noted, and the 

 railroads have gone into the market In several 

 Instances. Some of the local factories have cut 

 down their forces, but they are all doing busi- 

 ness, and hardwood is going Into consumpticm 

 at not far from the usual rate. OfTerlngs of 

 oak from the south arc nut heavy, and there 

 Is little disposition anywhere to force the 

 nutrket. The disposition i»f most dealers Is ti> 

 play a waiting game and not go after business 

 till conditions change and consumers begin u> 

 make Inquiries about stock. 



Charlotte. 

 The linanciai trouble uf the past few weeks 

 has been quite seriously felt by lumbermen in 

 this section, and prices on most grades of lum- 

 ber. It is generally reported, are on the decline. 

 Many mills in this section have curtailed opera- 

 tions, some by reducing forces, others by short- 

 ening hours and some by closing down alto- 

 gether. This policy of curtailing production has 

 proved a wise one. and the prevailing opinion 

 here seems to be that the flrst of the year will 

 see a change for the better, followed by a 

 rapid resumption of normal conditions. 



Toledo. 



There is considerable optimism apparent among 

 the hardwood dealers, notwithstanding the fact 

 that the present market is somewhat depressed. 

 The season drawing to a close has not been the 

 most prosperous for the Toledo dealers, owing In 

 large measure to the fact that building opera- 

 tions in this city have been low, and the little 

 which has been doing has been of a kind which 

 called for very little hardwood finish. 



Just now in addition to there being no outlet 

 through building operations, the factories are 

 curtailing consumption. Some of the manufac- 

 turers have shut down their plants, while others 

 have decreased their output. 



Prospects, however, are far from gloomy. It 

 is believed that next year will be one far dif- 

 ferent from the one just past, so far as building 

 operations are concerned. There are already iu 

 sight for spring more important contracts than 

 have been carried out during the past year. 



In the meantime, while there is a temporary 

 depression in the demand, prices are holding up 

 and there is no disposition to sacrifice goods. 

 Local stocks, while not grossly above normal, 

 are ample to meet all present requirements. 

 Little hardwood is being bought here now ex- 

 cept in the filling of special orders. 



Detroit. 



Detroit hardwood dealers are very optimistic 

 this month. They believe that, although the 

 hardwood market is quiet at present and will 

 probably continue so until the middle of Janu- 

 ary, things will then pick up with a rush. Hard- 

 wood crating is very strong just now, while bass- 

 wood is moving freely and at good prices. 



BoDLEY Wagon Company 



MEMPHIS 

 ItNN. 



(ESTABUSHCa 1832) 



LOG CART 



LOG WAGONS 

 LOG CARTS 



LOG WAGON" 



COTTON WAGONS, CANE WAGONS, TURPENTINE WAGONS. LOG VVAQONS.XANE 



CARTS FOR OXEN AND MULES. BAGASSE CARTS, LIGHT CARTS, LOO 



CARTS. CONTRACTORS CARS AND CARTS. CANE CARRIER 



FEEDERS. DERRICKS, CANE SLINGS, HORSE POW ERS 



YARD Tnrr K 



YARD TRUCKS 

 FARM WAGONS 



