Alisiist 10, lltL'l 



HARDWOOD RECORD 



51 



iCtjttt imird Jrotn inigv 3)) 

 buying is probaMx sluut-r iIuiti .Inly 1. Thrrt' is no huwlnpss to spi'tik of 

 from the iinplnin'iit iiiitl fiiiiiitun' coiifiTiis. I'liyiiiM; on tho pjirt ol" the 

 antuinultilc <'or|M»niliiins kcrirs up well I'oiisiHrrln^,' jit'iHTiiI luisinrss comli- 

 tions. It is rxpcrtccl that ihrri' will lir rinisitifral)h' Imying ilorn? by the 

 Khiss ooinpanics next umnth iu ^^ct thoiu Vf:u]y I'm- th<'ir pruiiiistMl start in 

 September. Mining: business is extn-inely s!n\v. The steel business is 

 ilown at the zero mark in nmst plaees ami these roiupanles are buying; no 

 haniwood. as a K'eneral thin^. ItailnNul buying has not started, although 

 it is hoped that as soon as tin- railroads bi'^in to spend their .'^500.000.00(1 

 the bardwocid men will prolit. Slinks ctf hardwimd in th<' hands ipf Tri- 

 Stute buyers are very b'w iirid 'I'r|-S(at<' mills are not riiaiuirMiturliit.^ any 

 largt* quantities uT liiriilMT. 



BOSTON 



Traile is n<i\v vdy dull and the market Is inelinc-d to be weak even for 

 firsts and seconds. Whelher this is wholly t<i be attributed to the present 

 time beiuK always one of dull traile here in lumber of all itinds. or whether 

 it is due to other causes is wholly eonjeetural. It true that the credit 

 situation is not quite risilt and that there is not much of any house ()r 

 other construction and that manufacturing consumers are not purchasin.u 

 very much in the way of hardwoods. 



The woakeniny: in firsts and set-ontls is rather a surprise here. For some 

 tinn' the common j;rades have l)een weak, due to accumulation, but now 

 tlie weakness here is noted in the better snules, so that the past fort- 

 night has seen substantial reductions, to an average extent of about $10, 

 in maple, in birch, both red ami sap, in beech and in plain white oak. 

 Also trade is now in that state where most of the business that passes 

 seems to be done via the con<-ession mute. There are plenty who hold 

 and will not make concessions, and. of course. Insist on the higher prices, 

 but they are doing very little business. Uuyers are exhibiting consider- 

 able timidity about purchasing anil search the whole market over before 

 making a deal. Now and then one finds a large concern reporting a big 

 increase in sales. Hut this is generally due to getting luckily a couple of 

 larpe orders, rather than a large number of ordinary ones. Though recently 

 there was quite an inquiry for house finish, that inquiry has not as yet 

 bnumht any orders, and has been afti-r all rather a disappointment. Still 

 an increase in finish trade is looked lor toward the fall as a natural 

 4-oneomitant of a building boom then. The bulk of trade at the present 

 time here is with the hanlwood yards and the furniture people. The 

 latter are not buying what they were a short time ago. There is no 

 improvement at all with the chair makers, piano makers, musical instru- 

 ment makers, implement handle people or automobile and truck body 

 builders. There is not any better business with the railroads. The export 

 trade is practically nil. The fact is that consumers are drawing from 

 their piles almost to the last board rather than buy unless they are offered 

 or find after long .searching a pretty good bargain. This is miilsunimer 

 dull trade with a vengeance added, it wnubl seem. 



BALTIMORE 



The statoincut that some i!npriiv<'ini*iit in tlie hardwood situation has 

 talten place woulil probably evoke eoiisidei'ahle dissent from various meni- 

 liers of the trade: and yet some of those wlm are not generally classed as 

 (■nntirmed optimists are giving this as. their view, so thai the claim at least 

 merit.s respectful attention. The gain for the better, it is explained, 

 must be sought in greater stability of the marl\et rather than in au expan- 

 sion of the movement. This latter remains very small, as a matter of fact. 

 Some intjuiries are coming out, and it is hoped that a portion of these 

 will result in business, but buyers have not so far sliown a disposition to 

 add materially to their holdings, and there are plenty of indications that 

 the actual re(|uircnients continue to cut no important figure. Up to the 

 ])resent time the owners of mills ari' not tinding conditions such as to 

 impel them to contemplali' a resiimptiun of manufacturing operations. In 

 fact, within tlie last few weelis there have been reports of mills which 

 had until then continued to run being closed for indefinite periods, the 

 reason given being that the prices ol)tainal>le for stoclts did not cover the 

 cost of production. Stocks that brought $S(I during and after the war, 

 it is said, are being offered now for .|lll ami even less, and owners of tim- 

 ber take the view that it is more advantageous for them to conserve their 

 sluinpage, which will gain in value, than to cut timber and not only 

 make n direct loss; liut imnr payment of additional taxes. But a careful 

 surve.v, with consideration of all the factors involved, will also lead to 

 the conclusion that the basic fonditi()ns are nmking lieailway toward a 

 sounder state of affairs which holds out a prospect of olTering a secure 

 foundation for the ti'ade structure to be erected thereon. 



.\ more favorable view is being taken of the outlook abroad, the refusal 

 of buyers there to place orders having resulted, especially in the United 

 Kingdom, in .such a depletion of stocks that a positive scarcity may be 

 said to prevail. .Altogether, despite the unijnunising superficial aspect of 

 things, a note of hopefulness has crept into the utterances of the hard 

 wood men, and this feeling can scarcely fail to have a good eflfect upon 

 business in <Uie time. 



Foster-Latimer Lumber Co. 



OFFER THE FOLLOWING 



DRY HARDWOODS 



Keffiilur Wliltlia aiiU I.K-n::1fts 

 SDKT EIAI 



' i/V No. J & Bi'lter I:; inuiKhs dry 



r</i" No. 2 & UflUT 1-' ni>iil';» <lry 



cl/4" No. 2 Sc HulUT. Urtcly No. 1 12 montli.« cliT 



»/4" No. 1 & Bi'tu-r i* nionUis clrj- 



li»/V' .No. 1 & Boiler 12 monUift dry 



12/1" No. 1 & Hotter , 11 iniiMlliH il y 



\/i" No. 3 12 raonlh» dry 



ll/'l" Nu. 'A. lit Mlontlis dry' 



WIRE, PHONE OR WRITE FOR PRICES 



MAIN OFFICE AND MILLS 

 MELLEN, WISCONSIN 



A Few Bargains in Dry Hardwoods 



olTcrcd by 



Wheeler-Timlin Lumber Co. 



K,Ko:..i Wi.hl,- .-,.,.1 l..ngths 

 ROCK ELM 



1" (4/4 ) No. 2 & Better, 6 to 18 mos. dry 3 cars 



I'A" (6/4) No. 2 & Better. 6 to 18 mos. dry S cars 



SOFT MAPLE 



1" No. 2 & Better. 6 to 18 mos. dry 4 cars 



l>/2" No. 2 & Better, 6 to 18 mos. dry 1 car 



HARD MAPLE 



IVi" No. 2 & Better, 6 to 18 mos. dry 10 cars 



2y2' No. 2 & Better, 6 to 18 mos. dry 4 cars 



3" No. 2 & Better, 4 mos. dry 4 cars 



XVi" No. 3, 18 mos. dry 10 cars 



We are sawing at both Wittenberg and Dorchester mills and 

 can get out special items of Northern Hardwoods 



MAIN OFFICE, WAUSAU, WISCONSIN 



CINCINNATI 



There has been uothini; In the developments of the lust two weeks to 

 ehange the state of the hindwond trade, lliiying continues to be chariio 



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. 



