August 10. lid 



HARDWOOD RECORD 



53 



ever, some reportiug an incroaso in orders and Inquiries nnd others being 

 just as einiibutir in the Btati'iiicnt that there Is niarkfd decrease in both. 

 It is generally agreed that mixed car orders constitute a notal)ie feature 

 of tile sitmition and this is aeiepted as bearing out the view that stocks of 

 lumber in the hands of consuming inlei-ests are running very low. It is 

 also agree! that autiuuobile manufacturers arc Increasing their uur- 

 chases, esijccially in elm and ash. as a result of the revival in liusiness in 

 their line. Furniture manufacturers are generally buying in a ratner 

 limited way, though fair orders have been received during the past tew 

 days for gum and oak in firsts and sec-onds and No. 1 common. It is 

 declared by hardwood manufacturers here that stocks in the hands of 

 furniture interests are very small and it is conliilently exi)ected that, witli 

 an.t revivel of demanil for their output, there will be a good call for 

 lumber with which to supply tlie wants of their customers. As a general 

 rule those who are looking for increased liuying and general improvement 

 in the hardwood situation this fail and winter are relying largely on 

 furniture interests to furnish the buying power. Manufacturers of floor- 

 ing, sash, doors and interior trim are not as active as a sliort time ago. 

 They report that they are not receiving as many orders as they were 

 getting recently and they intimate that there is some slowing down of 

 business In the North and East, where projects are not being launched 

 with as much freedom as anticipated. They say, on the other hand, that 

 there is notable activity in the South and West, with prospects that this 

 will continue for some time. Exi>ort demand is light, while the call from 

 wholesale distributors is not more than modest at l)est. 



Prices are generally holding their own and It is conceded by the majority 

 of manufacturers that there is little, it any, room for recession in values. 

 The tendency is to look for a stabilized market, with a higher trend ot 

 prices as soon as business begins to pick up. This applies particularly to 

 the medium and higher grades. No great hopes are entertained for either 

 strength or activity in the lower grades until there has been a substantial 

 reduction in transportation costs, a reduction that will give the seller of 

 these grades a return appro.ximating that which the railroads receive for 

 the mere transportation thereof. 



Production may be increasing slightly, but the gain is not important. 

 There is little resumption of logging operations and production will not 

 make much headway in expanding until there is greater activity in the 

 woods than is now noted. 



LOUISVILLE 



While business is not rushing there are a few orders floating around, and 

 the houses which are making a real drive for business, instead of wait- 

 ing for it to come, report that things are not so awfully dull. There is 

 no doubt but what iniiuiries are better, and an occasional export order 

 is being received, although on export business it is claimed that in some 

 instances prices quoted by some markets have been too low for houses 

 who are making any efltort to secure a fair price. There has been some 

 little demand for oak, plain red FAS in 4/4 stock selling at around $90, 

 with li to 8/4 stock at $10."). FAS poplar in 4/4 has sold at $70; com- 

 mon sap gum. .i;26..'50 : FAS plain red gum. .$90; common red gum, $42: 

 FAS sap gum. $43. and walnut has sold in FAS at $230 for 4/4, $245 for 

 5/4 and 6/4, and $255 for 8/4. Demand continues coming from furniture 

 trade principally, with a little jobber business. The panel trade appears 

 fairly well supplied with core stock material. Veneers are slightly lietter 

 and some houses are now running to replenish stocks, with some fair 

 orders on hand as a result of the good furniture sales. Wagon and im- 

 plement business is at a standstill. Planing mills are buying better as 

 a result of more residence building and interior trim demand. 



ST. LOUIS 



The lull in all branches ot the lumlier industry has become more pro- 

 nounced, competition is keener for the small volume of orders and virtually 

 all species dealt in in this district have declined in price. An exception 

 is the upper grades of hardwoods, notably oak and gum, stocks of which 

 are scant and prices higher. Hardwood men look for freer buying by the 

 furniture manufacturers following the summer markets in St. Louis, Chi- 

 cago and Grand Rapids. Industrials are buying very little and the hard- 

 wood demand has fallen off appreciably during the l)ast month. 



The furniture business is about seventy-five percent of normal. There 

 was a general reduction in prices as of July 1, ranging from five to ten 

 percent. 



Six hundred and two building permits, with a total of $1,895,299, were 

 issued during the month of June as against 362 permits, with a total value 

 of $1,379,930, in June, 1920. 



It is reported that architects have a fair volume of plans for buildings 

 In their vaults awaiting reductions in prices before releasing. 



BEAUMONT 



Hardwood men have to depend upon upper grades altogether for their 

 optimism, a slight improvement in the demand being noticeable during the 

 past week. This is a very scarce article, however, and probably gets Its 

 strength from this fact. Few mills are running and this condition will 

 exist indefinitely. 



Present high freight rates make it particularly hard on the southwestern 

 mills, for they are practically shut out from the northern and eastern 



KRAETZER-CURED 



GUM 



Dry lumber, band sawed, edged and 

 trimmed. Dandy widths and lengths, 

 perfect manufacture and KRAETZKR- 

 CURING insures bright stock free 

 from stain. We offer from our Dyers- 

 burg, Tenn., 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 Mi 



North Vernon, Indiana 



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 



Thomas Forman Company 



DETROIT, MICHIGAN 



Lumber and Interior Finish 



WHOLESALE AND RETAIL 



FOBEM.AN'.S FAMOUS FLOORING 



OAK AND MAPLE 



We Specialize in Less than Carload Shipments 



