44 



HARDWOOD RECORD 



March 25, 1919 



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 



Mills at PELLSTON, MICH. 

 MUNISING, MICH. 

 JACJCSONBORO, ONT. 



Main Office 



BUFFALO, N. Y 



Send your inquiries to 



SALES OFFICE: 303-304 Murray Building 

 Grand Rapids, Mich. 



Here's bomething 

 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 H« 



Uo] 



ling 1 lanson ^^ompany 

 GRAYLING. MICHIGAN 



The Tegge Lumber Go! 



High Grade 



Northern and Southern 



Hardwoods and Mahogany 



Specialties 



OAK, MAPLE, CYPRESS, POPLAR 

 Milwaukee,.. Wisconsin 



PITTSBURGH 



Wholesalers in hardwoods here report a slight increase in inquiry. It 

 comes chiefly from manufacturers of toys and furniture. Buyers for big 

 automobile concerns are also placing more business. The general in- 

 dustrial trade is very poor and there is practically no yard business at 

 present. Retailers and purchasing agents are determined to hold off buy- ■ 

 ing until prices come down. Wholesalers and manufacturers are advis- 

 ing them to buy now rather than take any gambling chances on cheaper 

 lumber. Reports from the mills show that production has been curtailed 

 so much that little can be looked for in the way of lower prices from that 

 source. This is especially true of the Southwest where less than half the 

 usual amount of gum and cottonwood has been manufactured since last 

 October because of the excessive rains. 



BALTIMORE 



Reports about the state o£ the hardwood trade at this time are some- 

 what contradictory. While some of the hardwood men say that they are 

 gettiug a fair number *of inquiries, others declare that orders have fallen 

 off and that a feeling of hesitancy prevails in the trade. Not so long ago 

 it could be said that the favorable settlements exceeded those which showed 

 the movement of stocks to be reduced, whereas just now the contrary 

 seems to be the case. Evidently the buyers have decidetl to go ahead 

 slowly and to keep down to the more immediate needs, instead of anticipat- 

 ing wants. The general situation seems to be regarded as too uncertain 

 to take on stocks that are not to be used immediately, and the hesitancy 

 is more in evidence than has been the case. It is not that a discouraging 

 view is being taken of the outlook, but merely that no one wants to get 

 far ahead of the actual requirements. Of course, some members of the 

 trade incline to the opinion that the range of prices will work lower, and 

 this expectation will be assented to by the trade as a whole. But nothing 

 of an unfavorable character is seen in such an eventuality, which will 

 merely tend to restore normal conditions and bring the business back upon 

 a solid foundation. At the same time it is to be said that so far no impor- 

 tant recessions have occurred, with buyers entirely willing to pay the 

 prices asked so long as they have real need for the lumber. In the absence 

 of such needs, however, not even material concessions will bring out 

 orders. The mlllmen, for their part, do not feel that conditions warrant 

 them in making important reductions. They point to the fact that the 

 labor situation is about like it has been, with wages as high as bfeore 

 and with many of the men who formerly worked in the lumbering sections 

 indisposed to go back. This is creating an actual scarcity of workers, 

 especially in the southern states, and makes the labor problem there quite 

 acute. Other items that figure in the cost of production have also under- 

 gone no reduction, so that the cost of turning out lumber is about what 

 it has been. Under these circumstances only enforced realization on stocks 

 will prompt sellers to take less, and the buyers do not insist upon such 

 reductions for that matter. It is mainly a question of taking care of real 

 wants, and these do not for the present exceed moderate proportions. The 

 export business is still held in abeyance, with many formidable obstacles 

 interposed to halt the movement. Permits can be had from the British 

 authorities, to be sure, but vessels have no space and refuse to take lumber, 

 so that the exporter is no better off than he was before. E\irthermore, 

 information from the United Kingdom as to the prices realized on stocks 

 held by the British government is hardly of an encouraging character. 



COLUMBUS 



There has been a good, demand for hardwood stocks in central Ohio 

 territory during the past fortnight. The volume of business is gradually 

 increasing, indicating a better tone to the market. Dealers and Jobbers 

 say that prospects for the future are bright in all localities, and they 

 anticipate a fairly good trade during the remainder of the spring and the 

 early summer. 



The best customers at this time are the factories. Concerns making 

 implements and vehicles are buying fairly well and furniture factories are 

 also coming into the market. Stocks in the hands of such factories are 

 not large and some of them are accumulating some surplus stock. But a 

 large share of the orders are for immediate consumption. Retailers are 

 buying also but their orders are generally small. Retailers are loath to 

 increase their stocks under present conditions. Dealers are more optimistic, 

 however, and some are buying more liberally than formerly. 



Building operations appear more active. The excellent weather which 

 has prevailed has stimulated construction work. Architects and con- 

 tractors are busy making plans and specifications for new structures, 

 mostly for dwellings and apartments. Some larger building projects have 

 also been brought forward. 



Prices are firm all along the line. No cutting is reported and the list is 

 asked at all times. Quartered and plain oak are both in good demand. 

 Poplar is moving better and the same is true of chestnut. Basswood and 

 ash are in fairly good demand. Other hardwoods are holding firm. 



EVANSVILLE 



Trade in this territory has shown some improvement during the past 

 two weeks. Furniture manufacturers have been buying more liberally, 



