January 10, I'JlV 



HARDWOOD RECORD 



47 



l)een organized witli a capital stock of $300,000 to mauufacture talking 

 machines and parts, including a newly patented wooden sound box for 

 Itlionographs to be made for the commercial trade. The incorporators 

 are William 11. Thommen. Harry W. Bolens, Olaf Elton and J. B. Thiery. 

 Mr. Thommen has lucn works manager of the Wisconsin Chair Company. 

 Port Washin^tiin. for many years. 



Dr. (ieorge W. Earle. president of the Wisconsin I<and & Lumber Com- 

 pany, Hermansvillc. Mich., has presented the Masonic lodge of his native 

 city, TuUy. X. Y.. with a fine colonial ln'iiicstead and several acres of 

 land acquired as a memorial. 



Henry H. Schroeder, president of the John Schroeder Lumber Company, 

 .Milwaukee and .\shlaud. Wis., died Thursday, January 2, after a long ill- 

 ness, at the age of fifty-seven years. He was born in Milwaukee. His 

 brother, Fred J. Schroeder, secretary and treasurer of the company, and 

 four sisters survive. 



The Hardwood Market ( 



=-< CHICAGO >-= 



The Chicago market seems to be gradually devclopiug a forward momen- 

 tum. The movement is represented in more general interest in hardwood 

 offerings both in the form of inquiries sent out and of orders. The loeal 

 trade has not at any time lost its full confidence in eventual developments, 

 and the mental effect now, at the beginning of better business, is very 

 strong. The trade feels that this evidence is justification for its past 

 ideas and is ample reason for full confidence in the complete develop- 

 ment of big business with the opening of the spring months. 



The local factory trade is not yet out from under the influence of war 

 production entirely, but is making greater and greater progress towards 

 getting in line for its usual commercial business. Production is develop- 

 ing and expanding in a satisfactory manner, and in the meantime with no 

 appreciable lessening of raw material values, there is decreasing tendency 

 to hold out on the placing of orders. In the meantime there is a grow- 

 ing appreciation of the poor prospects for any large production of hard- 

 woods during this season, and so there is less and less chance of any 

 demoralization of markets because of such hopes on the part of the 

 buyers. 



=-< BUFFALO > 



The hardwood trade is Quict with the wholesnle yards mostly engaged 

 in taking their annual inventories, as are their customers. The ini 

 mediate outlook is for a rather small amount of activity. January is 

 quite apt to be a dull month as the furniture buyers wait until after the 

 annual shows are held before they make their purchases. They will 

 certainly do so in many instances this year. Agricultural implement and 

 vehicle manufacturers are reported to have quite an amount of stock on 

 hand. Builders will wait for warm weather before doing much. 



While the startup in business is likely to be delayed more than usual 

 this year, because of the readjustment from a war to a peace basis, it is 

 expected that this spring will see quite an amount of activity. Various 

 commercial lines, which have been working almost altogether on war or- 

 ders, will welcome the opportunity to turn back to regular work, and 

 they will find it easier to get a labor supply and to ship their goods than 

 has been the case for many months. Thoy already find conditions in 

 these respects greatly improved. 



Among the woods which are holding strongest in price today are quar- 

 tered oak and poplar in the better grades. A good demand in both these 

 lines is anticipated this year. Low grades are not moving as well as up 

 to a short time ago and this causes some easiness in stocks which were 

 much in demand for crating. It is a quiet time with most woods just 

 now. so that no special activity can be cited for any sort of stock. 



Buffalo received 42.108,195 feet of lumber by lake during 191S, or 

 about twelve per rent less than during the preceding year, when receipts 

 were 48,101,000 feet. The falling off was to be expected, owing to the 

 decrease in the number of lumber carriers and the consequent rise in 

 lake freight rates. Not much was done in bringing in hardwoods, though 

 two or three firms had one or more cargoes each. The shortage of boats 

 was generally complained of and had conditions been otherw^ise as to ton- 

 nage it is likely that a good hardwood lake trade would have resulted. 

 Less hemlock than usual was brought in and a great falling off occurred 

 in the movement of shingles, of which less than ten per cent of the num- 

 ber recorded in 1916 arrived here the past season. 



=■< BALTIMORE >-= 



The old year has gone and a new one has gotten under way, but so far 

 no material changes in the situation with respect to hardwoods are to be 

 reported. During the holidays and the end of the year the business has 

 been very quiet, with buyers withdrawn from the market for the time being, 

 and with the movement reduced to exceedingly small proportions. The 

 quiet, if anything, was emphasized this year by the prospect of important 

 reconstruction and readjustments to be made as a result of the return 

 from war to peace, and of extensive changes which this transition will 



ASH 



OTHER ASH ITEMS 



1 car 14/4 No. 1 Com. & Btr. 

 1 car 16/4 No. 1 Com. & Btr. 



1 car 4/4 FAS 



2 cars 4/4 No. 1 Common 



3 cars 4/4 No. 3 Common 



WRITE FOR OUR COMPLETE LIST 

 WITH PRICES 



\\'e own and operate two band 

 mills and are prepared to sur- 

 face and resaw. Can also 

 furnish dimension crating. 



NORTH VERNON LUMBER CO. 

 NORTH VERNON, IND. 



EVERY BOARD MARKED "NVLCO" 



Have you seen aBy better Walnut logo than these? 



nnHEY all grew right in Indiana where 

 ■*■ hardwoods have always held the 

 choicest farm lands. The best growth of 

 timber as well as the best yield of wheat 

 comes from good soil. The soundness of 

 the log-ends shows that they fed on the 

 fat of the land. My 



Indiana Oak 



comes from the same soil 



CHAS. H, BARNABY 



Greencastle, Indiana 



All Three of Us Will Be Benefited if You Mention HARDWOOD RECORD 



