48 



HARDWOOD RECORD 



January 



Jackson & Tindle 



ELM and BIRCH 



4/4 to 12/4 All Grades 



Well assorted stock 



4/4, 5/4, 6/4, & 8/4 No. 3 

 Hardwood 



MUls at PELLSTON, MICH. 

 MUNISING, MICH. 

 JACKSONBORO, ONT. 



Main Office 



BUFFALO, N. Y. 



Send your inquiries t* 



SALES OFFICE: 303-304 Murray Building 

 Grand Rapids, Micli. 



Here's Something 

 Unusually Caood 



MAPLE 



12/4" 2 & Better 24,000 feet 



10/4" 2 & Better 150,000 feet 



ELM 



6/4" 3 & Better 30,000 feet 



8/4" 3 & Better 40,000 feet 



12/4" 3 & Better 25,000 feet ' 



BIRCH 



4/4" 3 & Better 80,000 feet 



The above stock is of a fine quality, — the 

 best in the land. We also carry a complete 

 stock of Hemlock of all sizes and lengths 

 up to 20 ft., in good shipping condition. 



balling Hanson Company 



GRAYLING. MICHIGAN 



The Tegge Lumber Coi 



High Grade 



Northern and Southern 



Hardwoods and Mahogany 



Specialties 



OAK, MAPLE, CYPRESS, POPLAR 

 Milwaukee,. Wisconsin 



All Three of Us Will Be Benefited 



Quartered and plain oak are both Arm. Chestnut is also in good demand 

 and the same is true nt ijiiiilar. OthiT hardwoods are unchanged. 



=-< EVANSVILLE >-= 



Trade with the hardwood lumber manufacturers of Evnnsvllle and 

 southwestern Indiana has been rather slow during the past few weeks. In 

 fact trade has been in a chaotic state since the signing of the armistice, 

 and manufacturers are graduall.v feeling their way and hoping for things 

 to get better. Considerable optimism pervades the trade. .\s one large 

 manufacturer stated the other day, all that the manufacturers have to 

 do is "to sit steady in the boat, not attempt to roik it. and have a little 

 patience." The furniture manufacturers of Evansville are doing but little 

 buying at the present time, although many of them report their lumber 

 stocks quite low. These furniture manufacturers, as well as other large 

 buyers of lumber, seem to be imbued with the idea that by waiting they 

 will be able to beat down prices, but in this the lumbermen say they will 

 be mistaken, for in their opinion lumber prices are going to remain firm 

 all of this year and perhaps for several years to come. The demand for 

 quartered white oak, quartered red oak and plain white oak was never 

 better, and there seems to be a scarcity of these grades and the manu- 

 facturers express the belief that these grades will soar in price before the 

 end of the year. Gum has been picking up for the past several weeks after 

 being in little demand tor many months. Manufacturers say there is noth- 

 ing discouraging in the trade outlook and they believei their volume of 

 trade this year will be as large if not larger than last year. They say 

 that as soon as the men who are in the market tor lumber and who have 

 been holding off in the belief that prices are going to drop, find out that 

 they can not get lumber at any lower figure they will start buying. In 

 the opinion of some of the yellow pine dealers and planing mill owners 

 there will not be much doing in their line until the Fifth Liberty Loan 

 campaign in April is over. In the opinion of some of the building material 

 men there will be no great boom in building this year, but there will be 

 quite a number of residences constructeil during the year. The building 

 material men say that many people who want to build are holding off 

 because of the prevailing prices on lumber and other materials. Sash and 

 door men are looking for a reasonably good season. Veneer manufacturers 

 report a steady business with every indication that it will continue brisk 

 all year. 



-< MEMPHIS > 



Consumers and distributors of hardwoods are facing rather serious 

 conditions so far as the southern hardwood field is concerned, as is evi- 

 denced by the followUng tacts gathered through conference with a num- 

 ber of hardwood lumber manufacturers here : 



First : Demand is beginning to increase and some pretty sizable orders 

 are already reaching this market. Within the past few days one firm 

 has booked an order for 1,000,000 feet of plain oak from furniture Inter- 

 ests and others have received orders in striking contrast, so far as their 

 size is concerned, with those reaching Memphis lumber manufacturers dur- 

 ing the past several months. 



Second : There are so many inquiries in circulation that they have led 

 to the belief that consuming and distributing Interests are on the eve of 

 entering the market in a large way. It Is suggested that these Inquiries 

 may not Immediately develop Into actual orders, but it is regarded as 

 .•ertain that their presence indicates a large demand looming up not very 

 far ahead. These inquiries are coming from both domestic and foreign 

 sources, and they have created a spirit of optimism among lumber inter- 

 ests that has been lacking for some time. 



Third : Stocks of southern hardwoods on January 1 were admittedly 

 only ninety per cent of the average for this date, despite the fact that 

 there was some increase therein during the last two or three months 

 of 1917. 



Fourth : Production Is on a very limited scale for the reason that there 

 are so few logs available for the mills. Far more than 50 per cent of the 

 large mills In Memphis are closed down now and it is questionable when 

 they will be able to resume. Some of them may be able to pick up enough 

 timber to enable them to resume sooner than others, but It is pointed 

 out that because of the log scarcity and because of the impossibility of 

 getting out logs for the next few weeks, It will be around the first of April 

 before these plants will be turning out anything like normal quantities of 

 lumber. The quantity of logs in sight is less than twenty per cent of 

 what it was last year at this time, and the rate at which logs are coming 

 out now is almost nothing as compared with 5.000,000 feet monthly a 

 year ago. The woods are too wet for successful logging just now. 



Fifth : It will take anywhere from two to six months to air-dry this 

 lumber after it has bei^n produced. This means that the below-normal 

 stocks with which the year opened must last until well into summer before 

 they are substantially replenished. 



Sixth : Prices are already showing some tendency toward advance, and 

 this tendency Is expected to become more pronounced as the year proceeds. 

 There has been virtually no decrease in the cost of hardwood lumber pro- 

 duction, and it is the consensus of opinion .among hardwood Interests here 

 that any man who sells lumber below ruling prices In the expectation 

 of being able to replace it at a profit is going to reckon without his host 

 and Is going to lose a "pretty penny." Indeed, it is quite generally agrefed 

 that the smallness of production and the lightness of stocks, combined with 



if You Mention HARDWOOD RECORD 



