36 



HARDWOOD RECORD 



March 25, 1919 



WE MANUFACTURE bandsawed, plain and quarter sawed 



WHITE and RED OAK and YELLOW POPLAR 



We make a specialty of Oak and Hickory Imple- 

 ment, Wagon and Vehicle Stock in the rough 

 Your Inquiries Solicited 



ARUNGTON LUMBER CO., Arlington, Kentucky 



Wistar, Underbill & Nixon 



PHILADELPHIA. PENNSYLVANIA 



Manufacturers of CYPRESS and GUM 



Walnut 



Of Character and Color 



Manufactured at Kansas City, U. S. A. 



Large Stock of All Grades and Thickness 



Thirty-five years' experience 



IN WALNUT ONLY 



Prompt Shipment, and 

 Guaranteed Inspection 



FRANK PURCELL 



515 Dwight Building. KANSAS CITY, MO. 



faeturers are taking into consideration also another salient point, the 

 failure of production costs to decline. Labor may be a shade cheaper but 

 other cost elements are just as high as they have been heretofore and the 

 man who has lumber on sticks now is thinking seriously of what it will 

 cost him to replace it before getting the consent of his mind to shade his 

 prices. 



All items have decreased materially since the first of the year and it 

 is learned on reliable authority that mill holdings have lost more since 

 January 1 than they have lost during any similar period in something 

 like fifteen years. The heaviest losses nave been in gum, with special 

 reference to inch firsts and seconds sap, in inch No. 1 common cotton- 

 wood and in practically all grades of oak. The position of oak is excep- 

 tionally strong while the entire market is in better position now than 

 it has been at any time since the armistice was signed. 



Domestic transportation conditions are quite satisfactory and there is 

 little complaint on this score. There is little export business for the 

 reason that ships cannot be secured to transport lumber overseas. 



CINCINNATI 



With hardwood stocks greatly reduced and none of the mills producing 

 anything like normal quantities of lumber, the market in this city is 

 stronger than for some weeks. The natural laws of supply and demand 

 upon which buyers relied to force prices down are operating just the 

 reverse and because of the scant supplies, prices are showing an upward 

 tendency. 



With the stocks so low and the quantities broken, hardwood men say 

 there is every indication that prices will get even better. All talk of a 

 general lowering of hardwood prices are scouted by hardwood industrial 

 leaders who say that so long as the things that enter into the cost of 

 hardwood, such as labor, freight and general overhead are high, prices 

 will remain so. As there is no indication that the cost of these will be 

 reduced in the near future, hardwood men assert that the cost of their 

 product will remain at about the present level or higher, if anything. 



Buyer.s continue to show a tendency to wait in some directions. There 

 has been some cautious buying by yard men ou oak flooring but not very 

 much. Some of the mills are increasing the prices on cherry. The atti- 

 tude of the buyers is very clearly shown by the experience which a num- 

 ber of hardwood companies have had. Some have had inquiries from the 

 same prospective customers three and four times since the first of the 

 year, each time the inquiry leaving the impression that a big order would 

 be forthcoming if prices showed a tendency to lower. To some of these 

 inquiries, sellers have quoted higher prices with each successive inquiry. 



It is very apparent that buyers lack confidence in the stability of present 

 prices and sellers show determination to maintain them until other things 

 that go into the cost of hardwood begin to come down from the present 

 levels. 



Hardwood men are not expecting much immediately from the "buy- 

 your-own-home" movement which is being agitated from one end of the 

 country to the other. Should this movement gain the momentum that its 

 promoters are striving for, hardwood men say the tendency would first 

 be felt in the yellow pine market which provides the greatest sinews for 

 general building. Afterwards, they say they would come in for consider- 

 able business on hardwood flooring, Interior finishings, etc., for the better 

 grade of houses. The demand at the present time for hardwoods comes 

 mostly for industrial consumption, furniture, musical instruments, etc. 



CANADA 



A. S. Carson, C. E.. of Montreal, P. Q., has been appointed general secre- 

 tary and manager and permanent organizer of the Association of Canadian 

 Building and Construction ISngineers. Mr. Carson has had over thirty 

 years of engineering experience and business connections on a large scale. 



J. H. Lavalee has opened an office in the Royal Bank building, Toronto, 

 under the name of the Anglo-Canadian Export Lumber Company. Mr. 

 Lavalee, who will specialize in exporting to Great Britain, was formerly 

 with the Orillia Export Company. 



R. G. McWethy of the Gill-Andrews Lumber Company, Wausau, Wis.,, 

 was in Toronto and other cities recently making new connections for his 

 firm. 



The Beaver Timber & Tie Company, Ltd., lias been formed with a capital 

 stock of .flOO.OOO and heaquarters in Toronto. The organization, of whiclij 

 Edward Howell is president, and Thos. Billlott manager, have acquired 

 the timber rights and former sawmill site of the Maple Lake Lumber Com- 

 pany near Spragge, Ont. The company will build a mill at the junction 

 of the Serpent river and Lake Huron on the C. P. R., and intends taking 

 out a considerable quantity of timber. The mill of the Maple Lake Com- 

 pany was burned three years ago. 



L. B. Beale of Vancouver, B. C, who has been lumber commissioner 

 for British Columbia in Great Britain, during the past few months, has 

 returned to Canada and will make his headquarters in Winnipeg, having^ 

 been appointed a British trade commissioner for the western provinces. 



J. H. Dansereau of Montreal and Three Rivers, P. Q., has sold one of 

 his mills and limits to the Donnacona Paper Company of Donnacona, P. Q. 

 The limits cover an area of 183,000 acres and the mill has a capacity 

 of 20,000,000 feet of lumber per annum. Mr. Dansereau still retains his- 

 mill at Three Rivers and his timber limits on the St. Maurice. 



