HARDWOOD RECORD 



51 



=■< BUFFALO y 



The liaiHlwood trade has lieeu laih.r i|iiiet of lal.-, with sales largely in 

 mixed ears, ill whieh a iJiiiul)er of vvouds are moving in fairly good shape. 

 Tile total business for OetolxT made a fair showing with most yards, 

 tliough some found it less than a year ago. Stocks here are in quite 

 good assortment and the lavorable location of the market makes it a 

 favored loeality with eastern buyers, who for the most part are anxious 

 to get the lumber delivered to them very promptly. There Is very little 

 tendency to buy stocks ahead. Trices are generally holding steady. 



The demand covers about the usual woods, with oak holding a promi- 

 nent place. It does not bring quite the strong ligures of a few months 

 ngo, but lately there has been much steadiness to the market. Quartered 

 oak is not nn»ving very fast, but tlie upper grades are doing quite well, 

 and the prediction is made that before very long it will take the place 

 of such expensive woods as mahogany to n large extent. Ash, birch and 

 maple are among the best sellers and fair stocks are moving. Poplar is 

 not doing luueh. eXi'cpt in the lower gr;nl(>s. where the demand is good. 



•< PHILADELPHIA > 



Kepints from the haiilwoud uiulc vary aecording to character of sales. 

 and although there are signs of weakening in values in some lines, prices 

 on the whole are well sustained. Furniture factories and most of the 

 other wholesale consuming industries continue busy, with favorable out- 

 look as to winter trading. Buying, however, is still conservative. Build- 

 ing work has advanced somewhat but the bulk of the extensive work 

 planned probably may not materialize until the money market is easier. 

 Local yardmen are all relying mainly on their stock and evidently looking 

 for lower prices, a change which does not seem imminent judging from the 

 reports by those who have recently toured the mill districts. Many 

 of the eastern cities are in the throes of desperate local political struggles. 

 which, combined v\'ith the alarming Mexican situation and the much dis- 

 cussed currency bill in Congress, are having a disturbing effect on the 

 commercial and financial market. The conservative merchant does not 

 dare predict a return to settled normal conditions before next spring at 

 the nearest. 



Among the hardwoods oak, both red and white, continues unchanged 

 from a fortnight ago. In high-grade chestnut there is a slight improve- 

 ment of late, and No. 3 common sound wormy chestnut has been increas- 

 ingly active : poplar in most grades is stronger ; there is no change in 

 basswood : high-grade ash is scarce and in good call ; birch and beech 

 hold steady place : there is ni* woakcniug in hickory ; mahogany and 



=-< PITTSBURGH >•= 



Hardwood matters are in very good shape here considering the big 

 slump in prices of other lumber stocks, noticeably yellow pine and hem- 

 lock. Hardwood prices are holding firm. Oak is bringing the best price 

 for years. Medium-grade hardwood needed for piling and railroad opera- 

 lions is selling at a good figure. Furniture demanded is lighter than some 

 time ago but prices hold well. Low-grade hardwood is being cut, especially 

 in mining stocks. Demand, however, is big along this line so that the 

 size of the orders helps to make up the deficiency in price. Hardwood 

 mills in Tri-State territory are running nearly or quite to capacity and 

 stocks are not piling up to any great extent. Yard trade is falling off, 

 due to the close of the season. Some trouble is reported in getting cars 

 on branch line railroads. 



■< BOSTON y- 



There has been very little change in the market for hardwood lumber. 

 The cutting up trade is using a fair amount of lumber every week, but so 

 far as demand goes, the average buyer is making purchases in a very 

 conservative manner. There arc some buyers who believe that the firm 

 and high prices of the past few months cannot continue much longer, 

 but the reports from dealers who have visited the producing centers of 

 late Indicate anything but weakness. Some of the largest manufacturers 

 of hardwood lumber report that they have been doing a little larger busi- 

 ness of late. Stocks of desirable lumber at mill points are very small as 

 compared with past seasons. 



The demand for plain oak holds good, but from some places the offerings 

 have been a little larger. Quartered oak is very firm with a good demand 

 from most buyers. The call for birch and maple is fairly large. Brown 

 ash has been attracting a fair demand. Offerings are not large and prices 

 hold firm. There is some talk of a car shortage but so far lumber dealers 

 say that their shipments from the mills have been delayed very little on 

 this account. 



=■< BALTIMORE >.= 



It does not appear that the hardwood trade has made any special head- 

 way during the past. two weeks. As far as surface indications go, decided 

 quiet prevails, though the members of the trade somehow always manage 

 to' come ont fairly well at the end of a given period. It is much the 

 same with prices, which fluctuate to sorae extent and reflect the uncertain 

 feeling- in the trade. The movement should have been decidedly active 

 by this time, but as a matter of fact, the sellers never feci quite sure Just 

 where the business Is to come from, though In the end the orders ulti- 

 mately turn up and maintain the average fairly well. Whatever the 



OAK BUYERS 



If Increased timber supply makes us 

 one of the largest oak producers in the 

 country. 



If Our white and red oak timber is of 

 a quality that enables us to guarantee 

 to properly meet your requirements for 

 anything in this line. We can supply 

 large quantities, running strongly to 14' 

 and 16' lengths — a good proof of the 

 character of the timber. 



][ We are ready to cut red or white, 

 quartered or plain, 3/8" to 8/4", and will 

 carry in stock a complete assortment of 

 all thicknesses. 



j[ All our lumber is made with the most 

 perfect machinery obtainable — band 

 saws used throughout our mills. 



^ We pride ourselves on the character 

 of our edging, trimming and piling, 

 which insures straight, cleanly-made 

 lumber, uniformly dried. 



jl In these days of quick shipment you 

 are interested in prompt delivery. Our 

 extensive organization and facilities 

 from the tree to your yard, place at your 

 disposal the most perfect lumber deliv- 

 ery service in existence. 



U We would like to explain further why 

 we can please you, and if you are in the 

 market for anything in southern hard- 

 woods now, would appreciate your 

 writing us today. 



PAEPCKE LEICHT LUMBER COMPANY 



GENERAL OFFICES CHICAGO. ILLINOIS 



