34 



HARDWOOD RECORD 



AuKusi 1(1. i;i:;l 



The Successful Mahogany Manufacturer 

 Must Have an Adequate Log Supply 



Showine our fresh water uond within the Mississippi River at New Orleans, where our 

 steamers discharge their logs after compU-tiiig a long journey from the tropics. This pond 

 . is approximately one-half mile lone: has a storaee capacity of three to four million 

 feet of MahoKany Iocs, so tliat we are always assured of adequate supply: there our choice 

 Mahogany Iocs are stored in a most advantaceous manner, safe against the river currents 

 and storms, floating freely without chains, ready to go thru our mill. 



This Mahogany pond is the only one of its kind: all other features of our operations have 

 heen worked out with eaual care. 



concfrni'ii. ltii-,\ \\ill In- l:iiil ilnwn several dollars a tlmusaml clu-apfr tliaii 

 i-ail hauliHl lumbof. 



The I.oiiK' LumhcM- Couiiian.v. Limited, has bocn granted an (Jntarin 

 charter with power to earr.v on business as hiniber jnerchants, sawmill 

 oporators, nte.. with head offlee at Hamilton, Ont.. and a capital stock of 

 S40(i.(tU<). The pro^'isional directors arc G. IT. Long". F. R. Rnrtoti and 

 Ii. i;, WebstiM- of Ilamiltf.n. 



The Hardwood Market 



CHICAGO 



The ini-rease in iiupiiries Troin furniture manufartnriug sources is the 

 most eneouraginy feature of the present hardwood inarki't. A jieneral 

 inerea^je in demand is also noticeable, leading <listribu!ors to anticipate 

 continued improvement, csiieciall.v in the buying by the Inrniture people. 

 The automobile industry is in the market eonservatividy. The llooring and 

 interitir trim manufai-turers are oven more cautious, inlluenced no doidil 

 by a desire to await Federal Judge Lan<lis' ruling on thi' building labor 

 (juestion before making up their niimls as to the bi-st policy to follow — 

 one of increased or decreased operation. 



CLEVELAND 



Ct'ntinuani'cs of building operations, which were exjiected to ne halted 

 by another row between union carpenters and the contracting carpenters' 

 organization, will aid thi' movement of hardwood lumber into consumption 

 during the remainder of the building season. Such at least is the opinion 

 of leaders in this brancdi of the trade, following what looks like a settle- 

 ment in that branch of the building industry affecting hardwood materials. 

 Carpenters are signing independent contracts with contractors, and the 

 latter have taken a stand against unions or those bodies that will dis- 

 criminate against the individual for signing such agreement. The imme- 

 diate result is a furthering of building activity, ami while hardwood 

 demand has not improved at once, there is prospect that it will yet this 

 year. Automobile and allied interests point out tlieir active season is 

 over for this year, and there will be a waiting attitude until next year 

 shows what it will bring forth. Hence little material moving in that 

 direction. Other manufacturing Interests are equally eonsorvative. There 

 is plenty of hardwood mntcrial of all kinds with whi(b t.i meet present 



illriniries. While 

 111 a tirnier tone 

 to shadi' prices. 



es. there is sometliing 

 being less disjiosition 



there is no actual changi' in pri 

 to the hardwood situation, tbcrr 



COLUMBUS 



Thcro is a distinct improvement iu the bardwoud trade in t'olumbns ami 

 rcutral Oliio territory. Buying on the part of factories is better, which, 

 lo^ether with orders from retailers, is making a^ fairly good run of orders. 

 Wliilo Imsinoss is still far from normal, still records for July are from 25 

 to 35 per cent ahead of the sale iu June or May. The tone of the market 

 shows a distinct improvement and it is helievert that the worst of the slump 



IS 



>vcr. 



lO'lail Irarle is ratlu-r steady, which is mostly hand-to-mouth. . There 

 is no general tendency to accumulate stocks under present conditions. 

 Ketatl stocks are not large and in many instances considerably broken. 

 Factories making furniture are placing inquiries i»reparatory to coming 

 into the market. Furniture concerns had fairly .iroud shows and are pre- 

 paring 1o operate their plants with increased working forces. Railroads 

 are also showing a tendency to come into the market, as money from 

 federal sources will soon be forthcoming. Taking it all in all there is a 

 dislinctly optimistic tone to the trade. 



BUFFALO 



The hjirdwood situation does in.it improve much, though dealers are 

 expectin,g some revival in the trade within the next few' weeks. *rhe 

 buying is almost altogether in small lots and much uncertainty exists as 

 to prices, though in the better grades some firmness is shown which is 

 expected to become more pronounced as time goes on. Within two months 

 from now, the dealers say. good lumber is going to manifest considerable 

 strength, and present opportunities to buy cheap will be gone. 



There is not much activity in any particular wood, though oak and 

 maple are retaining their usiml lead. Some advance in retl gum prices 

 is reported. Cypress is doing fairly well and quotations are said to be 

 somewhat stiffer. In the flooring trade btisiness continues pretty satis- 

 factory, particularly in oak. More inquiries are being idaced and some 

 orders are coming in, though generally small ones. 



PITTSBURGH 



Conditions in the hardwood business her^ are rather worse than a 

 month ago. There has been no increase in retail buying. Industrial 

 fCouthiinrl (HI jmgc H^l } 



