HARDWOOD RECORD 



S3 



hickory nri- ivpnrtPcl to be nitlicr slow, as a general proposition. Most 

 manufacturers linvi> confidence In the situation, and are bu^Jnpr ^og'' 

 freely, expectins l" continue to opeinte as Ion? as weather conditions 



> WISCONSIN -<= 



While there is a temicncy on the part of hardwood consumers to buy 

 only enough to meet their present wants, the general activity in the build- 

 ing fleid all over the state has brought business up to a satisfactory point. 

 Wholesalers arc inclined to believe, however, that there will not be a 

 general buying movement for stocking-up purposes until after the first 

 of the .year. Tlie exception to this seems to be the average retail lumber- 

 man, who^s placing some fair sized orders, evidently with the belief that 

 prices will go much higher. The sash and door and interior finishing con- 

 cerns are inclined to proceed in a "hand-to-mouth" manner when it comes 

 to buying stocks, but the hardwood flooring manufacturers are well sup- 

 plied with orders and Tie in the marliet for stock. 



The demand lor northern hardwoods is stronger and prices arc stiffen- 

 ing somewhat in this line as a result. Birch and maple continue to be 

 the leaders in the nnrtlurn woods, although both rock and soft elm and 

 ash are in good demand. Tpper grade basswood is inclined to be slow, but 

 low grade stuff is still selling well, due to the activity on the part of the 

 local box manufacturers. All low grade hardwood sells fairly well. 



Southern oak is holding strong and reports from the southern mills 

 say that stocks of oak are light at these points. Both plain and quarter- 

 sawed oak are in good demand and prices are holding firm. The call for 

 oak from the furniture manufacturing concerns is stronger, as most of 

 these plants are now busy. 



The supply of labor in Milwaukee and surrounding Wisconsin cities 

 is still far from large. Most local woodworking and furniture manufac- 

 turing concerns are able to secure enough men at this time, but the de- 

 mand for men to work in the woods is now greater than the supply. 



Northern Wisconsin and upper Michigan logging interests are now en- 

 tering upon a busy logging season and the cut promises to be larger than 

 in recent years, due to the fact that business has been good during the 

 past year and stocks in first and second hands have been depleted. Camps 

 have been opened all over the lumber roiiiitry. 



=-< GLASGOW >■- 



The timber trade of Glasgow and western Scotland continues on a very 

 quiet scale, new orders being very slow. The quarterly market reports 

 are now published and from the trade statistics just issued it is noted 

 that the total imports into the f'l.vde for the nine months to date ex- 

 ceed those for the same period of last year by about eleven per cent, 

 while the overhead consumption is less by about seventeen per cent. 

 The stocks remaining on hand are heavier by approximately nine per 

 cent but it is seen that the gain is more than accounted for by increases 

 in one or two particular Items such as pitch pine, waney pine, birch and 

 oak planks. 



Storing is being resorted to in a few instances but brokers just now are 

 doing their level best to get goods cleared up on an ex quay basis. Taken 

 as a whole the movement into consumption is of a rather restricted nature. 

 The general tendency seems to be to keep stocks down as much as pos- 

 sible so that bu.ving in evidence is of a hand-to-mouth nature. 



Not for a number of years has there been such a large output from the 

 shipbuilding yards for September as during the present month when 

 twenty-seven vessels of a gross tonnage of 78.453 tons were launched. 

 This big total makes up somewhat for the comparatively small output 

 last month which is exceeded by the present month by over 40.000 tons. 

 The total for the nine months to date stands at 484. SG6 tons as com- 

 pared with 472.706 tons for the corresponding nine months of last 

 year. Work continues brisk all over the Cl.vde yards and there is a pos- 

 sibility of the year lOlS heating the record of 1912. 



=-< LIVERPOOL >.= 



The trade position here is very quiet, though the landings have been 

 quite heavy. Prices have been much weaker in face of the heavy arrival. 

 The prices, in fact, of some items are pence lower than those existing a 

 few weeks ago. Almost every item is figured out on a lower basis, though 

 ash is perhaps the firmest feature. In prime grades quite a brisk trade 

 has been moving, though here again there are signs of a diminished output 

 and lower prices in the near future. The recent labor troubles in Ijlver- 

 pool are mainly responsible. Though the matter lasted only a few days. 

 it has seriously upset the railroads, and deliveries are moving vei^' slowly 

 to buyers. This makes prompt business exceedingly difficult and buyers 

 are not keen upon making purchases when their stock may be hanging 

 about the goods station for a month or more. There are some signs, 

 however, that this trouble is being somewhat eased. The mahogany posi- 

 tion seems to be clearing the state of mind of the rest of the trade. 

 While the Imports are still light, the demand has gone away to a very 

 considerable extent. Prices are just standing still at the moment with no 

 movement In either direction. The undertone of the market is. however, 

 decidedly weak, though much depends on the extent of the Import. The 

 stock is firmly held by brokers here and any decline in prices will not he 

 allowed to go much lower. The market is, however, just showing the 

 weak tone of the other branches of the trade and values are inclined to 

 go down In sympathy.. 



EXCEPTIONAL 



MAHOGANY, CIRCASSIAN WAL- 

 NUT AND QUARTERED OAK 



VENEERS 



If a good veneer cutter can manufacture fair 

 quality veneers with antiquated machinery, what 

 can he do when given the latest and most efficient 

 equipment? 



The Answer 



is to be found in any of the stock produced at our 

 new mill, which is the last word in modern equip- 

 ment. 



We have selected the finest logs on the mar- 

 ket, our men are experienced and capable, the 

 product speaks for itself. 



See our samples and get prices. 



Visit Our Plant 



Any time you are in Chicago and want to see 

 the most modern veneer plant in existence today, 

 we will be glad to show you through our plant. 



Fred W. Black Lumber Co. 



2245 S. Fortieth Ave. Chicago, 111. 



You Know Something 



About the Land of 



Last Supply 



You know, of course, that the nearest source 

 of adequate lumber supply are the forests of 

 the west, the inter-mountain pines and the fir, 

 spruce, cedar and hemlock of the Pacific Coast. 



In a broad sense, we are at the beginning of an 

 era of 



Competitive Demand 

 for Western Timber 



Mills of the South are exhausting their supply and 



are seeking new locations. 



Timber is disappearing from tlie market, but not so rapidly 



now as it will on a constantly Increasing scale during the 



next decade. Every tract taken olt the market decreases 



the supply and increases the desirability and value of those 



remaining. 



The best go first. Investigate now. 



James D. Lacey & Co. 



Timber Land Factors 



Chicago, III., 1750 McCormick Building 



Portland, Ore., 1104 Spalding Building 



Seattle, Wash., 1009 White Building 



