34 



HARDWOOD RECORD 



August 25, 1921 



Operations are already well under way for clearing the znil! site, which 

 la said to be the finest birch territory in Canada. Guy H. Long is the 

 president of the McCraney Lumber Company ; Peter Duff, vice-president ; 

 A. E. Graydon, secretary-treasurer ; P. R. Burton and J. McManus. 

 directors. Mr. Duff is an able bush lumberman and Mr. Graydon is a 

 practical .sawmill man, while Mr. Long and Mr. Burton are associated 

 with the Long Lumber Company of Hamilton, Ont., and are widely known 

 In wholesale hiniber ranks. The company is capitalized at $40,000. 



Richard Sanders, a well known lumber dealer and wooci-working manu- 

 facturer of St. Thomas, Ont., and head of the firm of Sanders & Bell, Lim- 

 ited, of that city, recently celebrated his golden wedding. Mr. Sanders, 

 although getting on in years, is in excellent health and is able to attend 

 to his business daily. 



this territory that all signs point to an early revival of demand for hard- 

 woods. 



BUFFALO 



The hardwood yards are generally reporting some improvement over a 

 month ago, though trade is far from active. The tendency is to buy every- 

 thing in small lots and the demand covers a good variety of woods. 

 Furniture manufacturers are said to be fairly well satisfied with the sales 

 at recent conventions. The automobile concerns are not doing much, but 

 with reduced prices believe that demand will soon be stimulated. Building 

 is on a fair scale and many good-sized projects are on foot In this and 

 other large centers. 



Handlers of Pacific Coast lumber claim that they are doing better than 

 the straight hardwood trade at present. 



The Hardwood Market 



PHILADELPHIA 



CHICAGO 



A fair amount of buying continues on tlie hardwood market in Chicago. 

 Inquiries and orders grow a little bit every day, establishing: an under- 

 tone of bettor things to come. Nobody Is getting very much business and 

 there are no really large orders, but all the workers and fighters are get- 

 ting enough to keep them encouraged. The railroads are buying virtually 

 nothing, but the furniture industry, vehicle, box and tlooriug people are 

 buying small urders right along. There Is still a great deal of bargaining 

 and there is no real level of prices. With the prospect of a further revival 

 of buying in the fall. the sellers are developing more "backbone" every day. 



SOUTH BEND 



While prices have shown no Improvement, yet there Is no price cutting 

 and orders are coming more freely than at any time during the past thirty 

 days. 



Prices on KAS oak remain very firm, but No. 1 common prices have 

 receded about V- lier thousand in this market. Practically no demand 

 for No. 2 and No. .^ common oak. 



Quite a quantity of 4/4" No. 1 common sap gum is moving, though the 

 price at which this business is being taken is very low Indeed. 



No further concessions are looked for, and it Is the general opinion In 



The hardwood market in Philadelphia and vicinity shows continued 

 improvement. The unsteady conditions of the month seem to be disap- 

 pearing, and while the activity in hardwoods Is not as noticeable as in 

 soft, there is a marked optimism in the industry. 



The disposition of the small dealer to sell at almost any price is passing 

 now that a general feeling is abroad that prici^ will advance, although 

 low-grade oak and maple flooring is being sold at almost ridiculous prices. 

 The steadying of the market has eliminated much of the disastrous price- 

 cutting war. Upper grades are firm. 



Most encouraging reports come from furniture manufacturers. The 

 .\ugust sales have been excellent, portending increase<l business. Several 

 department stores have announced that their sales have gone over 'last 

 year. This lias stimulated the trade to no small degree. The railroads, 

 particularly the Pennsylvania, has been In the market. One order for ties, 

 (lOO.OOO. was placed during the week. 



Demand for mixed-cars comes strong from rural Pennsylvania, New 

 Jersey and Delaware. Early in the month there was a manifest lull in 

 business from these regions, but the past two weeks has seen a sharp 

 renewal. Philadelphia dealers also have been disposed to enter the market. 

 More building permits were granted during the past week than for any 

 week this year. 



BEAUMONT 



Due to high freight rates, hardwood men in this section are forced to 

 twirl their thumbs while the mills nearer the point of consumption in the 

 north and east are getting wlint business is being offered, Texas mills are 

 (Continuri on page 51) 



