July 111, 1!)21 



HARDWOOD RECORD 



55 



The Murk II. I'.rown I.iiintx^r Company, wlilcli recpntly increased its 

 capital stock from .f II 111,11(111 to .$iii(l,O0ii tliroiiKli doclaratiou of a stock 

 dividend, Is operating its mill at Transylvania, I, a., where it is si>ecializin5,' 

 on oak and cypress. The plant of the company at Tailnlah, La., is idle 

 and win remain so indellnltely, uceordlntr to Mark Prown, head of the 

 lirm. 



F. T. Dooley of the Dooley Lumber Company, who has recently been 

 sufferinK from an infected foot, Is able to be back at his oflice a^aln. 



TORONTO 



The firm of Hart vt McDonaph. Toronto, who for the jiast four years has 

 been engaged in handling Ontario hardwoods, has been changed, Mr, Hart 

 buying out the interests of Mr. McDonagh. The latter has formed the 

 McDonagh Lumber Company, and has opened offices in the Confederation 

 Life building, Toronto, while Mr. Hart has started a new firm composed 

 of the members of the late organization, to be known as Ilart, Hamilton & 

 Jackson. This firm has taken offices in the Bank of Hamilton building. 

 Toronto. 



Fire destroyed about three-quarters of a million feet of lumber in the 

 Midland yards of George Masim & Company a few days ago. The cut- 

 ting of the elc%-ated tramways and the blowing up of several piles of lum 

 ber with dynamite saved a good portion of the contents of the yard, esti- 

 mated at 14.(100,000 feet from destruction. The lumber belonged to the 

 Robert Laidlaw Lumber Company of Toronto and the George Mason Com- 

 pany. 



The regular monthly meeting of the Wholesale Lumber Dealers' Asso 

 elation. Toronto, was held at the Lake Shore Country Club on the Hamilton 

 Highway a few days ago, the members being present on the invitation 

 of W. P. Oliver of the Oliver Lumber Company, Toronto, who is also presi- 

 dent of the Country Club. About one hundred of the members and their 

 wives were in attendance, and the gathering was presided over by A. E. 

 Eckart, president of the association. 



The Hardwood Market 



CHICAGO 



The Chicago market is rellcctiug the usual summer dullness, adding 

 this seasonal slump to the general depression. A certain amount of 

 trading continues, however, though few large orders are booked. .\ 

 liand-to-moutli policy of buying prevails because of caution both of the 

 lumbermen and the buyers. The buyers are trying to limit their invest- 

 ments in raw materials while the lumbermen are not anxious to book 

 large orders for future delivery on present market prices. Buyers 

 can pick up bargains now in small quantities, but whenever they try 

 to place a large order for the low prices they find that the lumberman 

 doesn't want to do business that way. The result of the July furniture 

 market is expected to increase the demand from the furniture factories 

 immediately after the close of the market. Much more oak will be 

 placed in this industry than formerly, because of the increase in oak 

 designs shown on the July markets. Walnut will also continui' in 

 strong demand. 



BUFFALO 



The hardwood market shows a i|uii-t tone at present and all the buying 

 is in a small way. it is hard to get buyers interested at a time when they 

 have little or no use tor lumljor. Industrial plants are as (inict as for a 

 number of weeks past, so that there is little stock moving out. The yards 

 have pretty well cleared up their orders and are anticiiiating a hand-to- 

 mouth business for some time to come. By fall it is expected that a fair 

 amount of trade will be seen, and ever.vbody is hopeful that it will make 

 up for the dullness that has existed for several months. 



Prices in most woods are easy, as the amount of stock available is large. 

 Dealers do not like to let an order get away from them while such a small 

 volume of busini'ss is stirring, and while competition remains as keen as at 

 present an uncertain trend of prices is looked for. The prcKluction has not 

 been heavy lately, but the amount of stock in wholesalers' bands is larger 

 than it sometimes is at this season. At the same time some sizes and 

 grades are scarce and strong. 



PHILADELPHIA 



The situation in thi' liardw 1 inaikct may be tohl in a lew words as 



there has been little change in conditions during the past two weeks. High 

 grade stock has stiffened slight ly and a depletion of low grade tlooring has 

 had a tendency to stabilize the market, but the falling off in orders from 

 rural districts has had a tendency to hold down prices. 



There is business ahead in tlie hardwood field. Several of the largest 

 users are watching the market and will stop the hand-to-mouth buying 

 when they are sure that prices are right. The largest dealers in -hard- 

 woods are not exorcised and are <ioing nothing to influence these buyers 

 so sure are they that substantial advances will tie forthcoming. 



Foster-Latimer Lumber Co. 



OFIER THE FOLLOWING 



DRY HARDWOODS 



SOFT ELM 



1ft mDfl- (liy 



15 moB. do' 



16 nios. tlrj' 

 R mos. ilr>' 



4/4" No. 2 & Btr. n-B. widths and lencMis 



5/4" No. 2 & Btr. reg. wldllis anri leiinLlis 



6/4" No. 2 & Btr. rcff. widths and k-iigtlis 



8/4" No. 1 & Btr. reg. widths ami Ii'ru:ths 



10/4" No. 1 & Btr. rec. widths and kntilhs. .IT* mm. dr>- 



12/V' No. 1 & Btr, reg. widths and lonKlhs.. 5 mos. dr>' 



4/4" No. 3. rve. widths and lengths 15 nios. dry 



15/1" No. 3. rt'K- widths and lengtlis fl mo9. dry 



WIRE, PHONE OR WRITE FOR PRICES 



MAIN OFFICE AND MILLS 

 MELLEN, WISCONSIN 



A Few Bargains in Dry Hardwoods 



offered by 



Wheeler-Timlin Lumber Co. 



4/4" No. 1 & Btr. Birch 4 cars 



6/4" No. 1 & Btr. Birch 4 cars 



8/4" No. 1 & Btr. Birch 1 car 



10/4" No. 1 & Btr. Birch 1 car 



4/4" No. 3 Birch 10 cars 



5/4" No. 2 Birch 1 car 



6/4" No. 1 & Btr. Soft Elm 10 cars 



6/4" No. 3 Soft Elm 4 cars 



We are sawing at both Wittenberg and Dorchester 



mills and can get out special items of Northern 



Hardwoods 



MAIN OFFICE, WAUSAU, WISCONSIN 



VESTAL LUMBER 

 & MFG. COMPANY 



INCORPORATED 



Soft Textured Oak 



Poplar 



Black Walnut 



Tenn. Red Cedar 



KNOXVILLE, TENNESSEE 



BAND MILLS AT VESTAL 



A SUBURB OF KNOXVILLE 



FONDE, KY. 



