HARDWOOD RECORD 



July in. i:)21 



KRAETZER-CURED 



GUM 



Dry lumber, band sawed, edged and 

 trimmed. Dandy widths and lengths, 

 perfect manufacture and KRAETZER- 

 CURING insures bright stock free 

 from stain. We ofifer from our Dyers- 

 burg, Tcnn., mill. 



5/8 Is & 2s Sap Gum 3 cars 



5/8 No. 1 Com. Sap Gum 3 cars 



5/8 No. 2 Com. Sap Gum 4 cars 



4/4 Is & 2s Sap Gum 1 car 



4/4 No. 1 Com. Sap Gum 3 cars 



4/4 No. 2 Com. Sap Gum 2 cars 



5/8 No. 1 Com. Plain Red Gum 1 car 



4/4 No. 1 Com. Plain Red Gum 1 car 



6/4 No. 1 C&B Qtd. Red Gum 1 car 



4/4 No. 1 C&B Qtd. Sap Gum 1 car 



5/4 No. 1 C&B Qtd. Sap Gum 1 car 



6/4 No. 1 C&B Qtd. Sap Gum 2 cars 



North Vernon Lumber 



North Vernon, Indiana 



WE WANT TO SELL 



the following 



Dry Northern Michigan 



HARDWOODS 



BIRCH 



4/4" No. 1 & Selects 40,0(K)' 



4/4" No. 2 Common 115,000 ' 



5/4" Ists & 2nds 30,000 ' 



5/4" Selects 35,000 ' 



5/4" No. 1 Common...... 40,000' 



S/4" No. 2 Common 200,000' 



6/4" Ists & 2nds 5,000' 



6/4" Selects 35,000 ' 



6/4" No. 2 Com. & Btr 65,000' 

 6/4" No. 2 Common 40,000' 



8/4" No. 1 Com. & Btr. 40,000' 



SOFT ELM 

 6/4" No. 2 Com. & Btr... 90,000' 



4/4" 



S/4" 

 5/4" 

 6/4" 

 6/4" 

 6/4" 

 8/4" 

 10/4' 



4/4" 

 6/4" 



4/4" 

 4/4" 



ASH 

 No. 2 Com. & Btr.. 



HARD MAPLE 

 No. 1 Com. & Btr.. 



No. 2 Common 



No. 1 Com. & Btr.. 



No. 1 Selects 



No. 2 Common 



No. 2 Com. & Btr . 

 ' No. 2 Com. & Btr. 



SOFT MAPLE 

 No. 2 Com. & Btr.. 

 No. 2 Com. & Btr.. 



BASSWOOD 

 No. 1 Com. & Btr.. 

 No. 'i Common 



190,000' 

 200,000' 

 70,000' 

 12,000' 

 175,000' 

 200,000' 

 20,000' 



100,000 ' 

 11,000' 



200,000 ' 

 25,000' 



Can furnish all kinds of 



Hemlock and Hardwood Crating 



Band mills at 

 Chassell and Ontonagon, Michigan 



C. H.Worcester Co. 



NOT INCORPOBATED 



19 So. La Salle Street, CHICAGO 



witli ii lull In bu.ving so the market lias shown no decidMl changes in South- 

 ern liarilvvoods. lyabor disputes and renewed liquidations in the automotive 

 Industry are factors in the decided lull in buying. 



There has been a gradual improvement in the volume of immediate busi- 

 ness in furniture hut little contracting for future requirements. Prices 

 are reported steady to 10 per cent lower. , 



BEAUMONT 



TIu' lirst six inniiths of 1921 in the Texas-Louisiana harrlwood market 

 tlosod somewhat like the heginBiD^'. The year opened extremely dull, hut 

 since that time there has l>een a j^radual improvement in the volume of 

 Inislness. at the same time a steady decline in the volume of production 

 heiufe' very noticeable. 



There was a rather sharp decline the first of the year in values. This 

 decline continued almost without interruption until May when a decline 

 ill all ^^riides was checked, and upper grades advanced to rather higher 

 h-vt'Is which has since I>een maintained. The rather broader demand which 

 <li'Vi'Ioi)ed toward the latter end of the six months period stopped suddenly 

 nhout the middle of June. The transactions the latter part of .Tune were 

 prolmUly on ;is narrow a liasis as at the beginning of the six months 



pi'l'ind. 



The six months period has also convinced hardwood men that there is 

 ;i new system of trading thoroughly entrenched and it is a waste of time 

 to expect old methods to return. Manufacturers point out that it has 

 Ix'cn in process of formation for the past four years, but no one would 

 jidmit its strength, or the fact that it had come here to stay. Reference 

 is made to what is now known as "hand to mouth" buying, a phrase 

 which is apparently destined to be accepted as a permanent condition of 

 trade. Mnuufacturers are as much responsible for this condition as the 

 cuusumer, although to the latter may be laid the blame or blessing, as the 

 case might be, for crystallizing the method. 



Some few orders are being olfered manufacturers for future delivery 

 on present price basis, but they are almost invariably declined. These are 

 exceptions, for the consumer, particularly the furniture trade, will not talk 

 about future deliveries at anything like a reasonable price. 



There is a general disposition on the part of hardwood men in this sec- 

 tion to erase from their memory abnormal conditions of 1010-21 and 

 establish a new barometer. Too many errors have already been made, 

 they point out. in figuring tomorrow's business on what transpired a year 

 or more ago. There is no similarity of conditions, or future prospects 

 between 1910 and 1021 and it is considered a mere waste of time to con- 

 necft the two periods in adjusting business affairs. 



NEW ORLEANS 



Dullness continues to characterize the hardwood market for the New 

 itrleans territory, including I^ouisiaua and Mississippi, but behind the 

 <i;irk cliiuds now prevailing the proverbial silver lining is shining, and 

 much optimism of, a really intelligent and substantial character is per- 

 meating the hardwood circles in this section. 



The quietness of the market for the past fortnight reached its climax 

 during the championship prize tight and the Fourth of July holiday, when 

 practically everybody and everything seemed to have gone on "vacation." 

 A number of the leading local hardwood men left for Jersey City for the 

 tight or elsewhere for tlie holiday, building operations were suspended and 

 things have been very quiet indeed. But indications are that there will 

 I'C more activity within the next fortnight, and many leading hardwood 

 manufacturers and dealers throughout the lower Mississippi Valley section 

 confidently look forward to substantial permanent husiness improvement 

 early this fall. 



As for prices, they have undergone practically no change worthy of 

 note in this section for several weeks past. The general boost in prices, 

 for which southern hardwood men were looking with much confidence 

 some weeks ago, has been conspicuous through its failure to materialize: 

 but. on the other hand, prices have shown a tenacious tendency to stand 

 lirm. 



I'rodu'tion is still considerably under normal. 



TORONTO 



There is very little change in the hardwood situation at the present 

 rime and the demand is limited. There has been Ci)nsiderable price-cut- 

 ting, and whenever a few inquiries have been received for a certain grade 

 some are disposed to hold xip the value, thinking that there must be a 

 shortage. A nntuber of firms have been in the market for No. 1 common 

 liirch, but have not been buying, as holdei-s of stock are asking too much. 

 On some other grades of Canadian hardwoods there has been a drop of $20 

 to $30 per M during the past week or two. Canadian firms are now being 

 faced with a new opposition in the shape of American ash, which is selling 

 considerably lower than Canadian lurch. Unless the latter drops consider- 

 ably in price, it is declared that ash will replace it in "automobile construc- 

 tion. Some operators of hardwood mills have already finished their sea- 

 son's cut, which is the earliest in years, and declare, unless the outlook 

 perceptibly improves and prices strengthen, they will not jnit men in the 

 hush next year, as at present the figure for the tinishe«l article is below the 

 I I'-t ni" produeiion all the way from five to twenty per cent. 



