July 25, 1921 



HARDWOOD RECORD 



57 



flooring is moving nicely, and it is reiiorted that most ol^ the flooring mills 

 arc finding business good. ■SV'liilc no really large business is in sight whicli 

 warrants reopening large mills and starting heavy production, it is noted 

 that prices are firmer as a result of cheap stock being slowly cleaned up 

 and present stoclts are held in stronger hands. High grades are getting 

 a bit scarce and firsts and seconds are expected to command better prices 

 before lon^. 



Although there have been no heavy export orders out In this district 

 for some time there are several of the local jobbers and producers who 

 have managed to jdck up a lew orders for export, some of these being only 

 one or two car orders, but showing conclusively tliat a little foreign busi- 

 ness Is beginning to develop. 



ST. LOUIS 



The market has shown very little change in the past two weeks. Things 

 are still very dull and there are no indications of better conditions at 

 Iiresent. The railroads are not buying and the automobile manufacturers 

 here are doing nothing. There have been a great many rumors to the 

 effect that furniture manufacturers arc buying more liberally, but nothing 

 definite. 



^'EW ORLEANS 



With practically no inquiries for export with the exception of crossties 

 and with little demand being made by the flooring, automobile and furni- 

 ture people in the United States, the hardwood market for the Texas- 

 Louisiaua-Mississippi territory is slumping along at about the same snail's 

 pace that has characterized its activities for the past month or more. 



On the score of prices, there has been some slight change, especially 

 on the lower grades. It was firmly believed by har<lwood men in the tri- 

 state territory that prices had absolutely reached rock bottom several 

 months ago, but they were in for a disappointment, for the lower grades 

 of hardwood have shown some considerable declines within the past fort- 

 night in this section. 



"Only two cars in the past two weeks and stocks moving below legiti- 

 mate competition," is the statement of a certain leading New Orleans 

 manufacturer. Some red oak is moving out to the millwork people and 

 some red gum is being taken by the fui-niture manufactories. About the 

 only other hardwood items showing anything like considerable activity 

 just now are the upper grades of white oak. There seems to be scarcely 

 any demand for No. 2 common, either oak or gum, and it is principally on 

 Nos. 1 and 2 common pt both oak and gum that prices have again hit the 

 down grade. 



MILWAUKEE 



Opinion in the hardwood industry and trade is somewhat divided on the 

 question of the condition of business. Some interests say there has been 

 perceptible improvement in the last two or four weeks, while others 

 express some disappointment over the slowness with which the industry 

 is progressing. As a general average, however, it would appear that condi- 

 tions are better now than at the same time in the first half of 1921, with 

 prospects considerably better than they were then. 



Production of hardwoods in the North is proceeding along a fair pro- 

 duction schedule, most mills being in operation, although generally with 

 day shifts only, whereas a year and two years ago night as well as day 

 operations were the rule. Manufacturers seem to have not much difliculty 

 in disposing of all of the best quality lumber and stocks they are able to 

 produce, but the lower grades move very slowly and have been accumu- 

 lating to sudi an extent that operations have been curtailed. With only 

 top grades salable at a fair margin over cost, and other grades a drug on 

 the market, there has been no reason why output should be kept at a pace 

 commensurate with the movement of the choicer qualities, allowing the 

 bulk of output to pile up in yards. 



TORONTO 



With the lumbermen drawing on their summer cut now for their No. 1 

 and 2 jrrades and with the first and second grades in the old cut prac- 

 tically all usod up, the situation in the hardwood trade is none too satis- 

 factory. There is practically no demand for the low grades, but there is a 

 fair inquiry for the high grades of hardwood. None of the lumbermen is 

 making any money at the present time and, according to the statement of 

 one of the leading firms in Toronto, most of them are losing. It is claimed 

 that they are not getting cost and in the case of the smaller dealers they 

 are throwing their stocks on the market in order to get money to carry 

 on. This is going to mean that many of the smaller dealers and manufac- 

 turers are going to be eliminated. As far as the prospects for next year's 

 cut is concerned, the general opinion is that there will be none, the con- 

 tention being that it is better to let the business go than to operate below 

 cost. Manufacturers and wholesalers have apparently got to a point now 

 where thoy have to have money and to most of them finished cost and 

 prices mean nothing. According to the statement of one leading Toronto 

 hardwood wholesaler, if anything of a demand were to develop now there 

 would be something approaching a "famine" market, for at present there 

 is no stock on hand to meet even a normal di'mand. Local dealers are 

 looking for an early resumption of export business, now that the coal 

 strike in England is settled and business conditions in the United States 

 show signs of steadying. Inquiries are already beginning to come in as a 

 result of the improved situation in the two countries mentioned. 



WE WANT TO SELL 



the following 



Dry Northern Michigan 



HARDWOODS 



BIRCH 



1/4 FAS 40,000' 



4/4 Selects 20,000' 



4/4 No. 1 Common 80,000' 



4/4 No. I Com. & Btr S0,000' 



4/4 No. 2 Common 100,000' 



5/4 FAS 30,000' 



5/4 Selects fiS.OOO' 



5/4 No. 1 Common 50,000' 



2 Common 150,000 ' 



S/4 No. 



8/4 No. 1 Com. & Blr 

 SOFT ELM 

 4/4 No. 2 Com. & Btr... 

 6/4 No. 2 Com. & Btr... 

 8/4 No. 2 Com. & Btr... 



ASH 

 4/4 No. 2 Com. & Blr... 

 S/4 No. I Com. & Blr... 



40,000' 



75,000' 

 90,000' 

 20,000' 



100,000' 

 . 25,000' 



HARD MAPLE 

 4/4 6" and wider, 8' and longer 



No. 1 Com. & Btr 75,000' 



5/4 No. 1 Com. & Blr. .200,000' 



5/4 No. 2 Common 200,000' 



6/4 No. 1 Com. & Blr.... 70,000' 



6/4 No. 2 Common 150,000' 



8/4 No. 2 Com. & Btr. .. .200,000' 

 10/4 No. 1 Com. & Blr... 60,000' 

 12/4 No. 1 Com. & Btr... 30,000' 



SOFT MAPLE 

 4/4 No. 2 Com. & Btr. .. .150,000' 

 6/4 No. 2 Com. & Blr... 14,000' 

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



BASSWOOD 

 4/4 No. 1 Com. & Blr.. .200,000' 

 4/4 No. 2 Common 100,000' 



HARD MAPLE FLOORING STOCK 

 FOR RAIL OR WATER SHIPMENT 



Band mills at 

 Chassell and Ontonagon, Michigan 



C, H.Worcester Co, 



NOT INCORPORATED 



19 So. La Salle Street, CHICAGO 



FOR SALE 



Southern Hardwoods 



OAK, GUM, ASH, ELM, 

 MAPLE, CYPRESS, 

 HICKORY, POPLAR 



WRITE OR WIRE 



Jerome Hardwood Lumber Co. 



JEROME, ARKANSAS 



WE SHIP STRAIGHT OR MIXED CARS OF FLOOR- 

 ING, OAK, ASH, CYPRESS AND GUM LUMBER 



Quick Shipment! 



4/4" or S/4" No. 1 Com. & Sel. Sap Gum.. 10 cars 



4/4" or 5/4" No. 2 Com. Sap. Gum 10 cars 



4/4" No. 1 and No. 2 Com. Cypress 10 cars 



4/4" No. 1 and No. 2 Com. Cottonwood. . . .10 cars 



8/4"-10/4"-12/4" Tough White Ash 8 cars 



4/4" No. 1 Com. & Sel. PI. White Oak Scars 



4/4" No. 1 Com. & Sel. PI. Red Oak Scars 



Above stock is all band sawn, bone dry, quality lumber. Can 

 surface and resazu. Quotations by tvirc. 



Chapman & Dewey Lumber Co. 



MANUFACTURERS 

 MARKED TREE, ARK KANSAS CITY, MO. 



