HARDWOOD RECORD 



51 



maple nro best iu (Iem.in<l. Chestnut and gum are weak. The gum market 

 Is still unsettled with great variance In quotations. There seems to be 

 no eontrolllni; factor In the sum situation, local conditions at iiilll points 

 vMrylni; so that quotations show 1; rUllcuIously wide rauKc. 



=■< BUFFALO y- 



The hardwood market lias not been active during the past two weeks, 

 but there is about as much lumber selling now as at that time. It Is 

 mostl.v ml.\ed-car business and covers a good many woods. There has 

 been no ear scarcity here to speak of, so that shipments could be made 

 with satisfactory promptness. Prices are holding about steady, although 

 they are not as high as they were earlier in the year. Some lumber Is 

 being bought in Canada since the taking off of the duty and prices arc at 

 present not quite so high there as in some competitive sections In this 

 i-ountry. 



The demand has boon improving In chestnut and poplar, according to 

 some dealers, and they report that the plain oak demand Is not so strong 

 as It has been. Quartered oak is looking up some and the better grades 

 are now in quite fair demand for the season. Maple and birch are doing 

 about as well as for some time. I'oplar in the lower grades is selling 

 pp^tty wt^Il. nllboutrh the supply hero is small. 



-< PHILADELPHIA >■ 



Judging from the various reports throughout the trade, the business 

 situation continues without salient feature as to an advance or serious 

 retrogression. Although buying is apathetic all along the line a good many 

 small orders are booked, which in the aggregate make a fair average. 

 The volume of trading, however, is far below anticipation for this time of 

 the year. Lumbermen apparently accept conditions as the legitimate 

 result of the new administration and its policies and preserve a wise 

 tronquillity. Furniture factories continue busy and box makers are run- 

 ning full time, but buying continues on a hand-to-mouth basis. Builders 

 find money a little easier and are rushing work during the favorable 

 weather. Yard men report fair suburban trade, but have ample stock to 

 supply Immediate wants. From reports on stock pile at the mills it is 

 evident there will be no unusual accumulation, in consequence of which 

 prices will be well sustained. 



Among the various woods the relative positions of a fortnight ago arc 

 well maintained. Oak. although easing off a little, heads the list : quar- 

 tered oak remains firm : poplar holds its old position ; ba.sswood is in good 

 call ; chestnut is not as strong as in last report : ash, birch and maple 

 are steady, and gum is making new friends. The low grade of all hard- 

 woods is moving freely. 



=-< PITTSBURGH >■= 



There is a pretty confident tone to the lumber market here. The steel 

 business is slowing down. Operations are going on at from sixty to 

 eighty per cent capacity, with gradual reductions every week. Nobody 

 looks for much improvement in this line before February 1. With steel 

 concerns and also with other big industrial corporations it is regarded as 

 a readjustment period and pending a better insight into next year's busi- 

 ness lumber buying will be comparatively quiet. There is a nice line of 

 business going around, although it is spott.v. Also, there are some very 

 good inquiries out for next year on contract bills. Hardwood buying, 

 while conservative, has kept up mighty well and prices except in a very 

 few lines are firm at existing quotations. 



-< BOSTON y- 



There has been a moderate voUime of new business reported in the 

 hardwood market during the past two or three weeks. Most of the 

 buyers in this section are not willing to anticipate their wants. There 

 Is beginning to be a feeling that general business will not be good for 

 several months, which ma.v bo one reason why buyers of hardwood lumber 

 are not ready to replenish their stocks in more than the moderate way 

 they are now doing. So far as prices are concerned we can find no 

 evidence of sellers trying to sell larger lots by the reduction of values. 

 Practically all the manufacturers of hardwood lumber are as firm in 

 their ideas of values as they have been during the past few months. 

 Offerings of desirable lumber do not appear to be any larger and until 

 the mills show some anxiety to make sales it is' doubtful if prices will 

 be any lower. A shortage of cars is making itself felt in some quarters 

 but trouble from this is not serious at the present time. The call for 

 quartered and plain oak continues of fair volume. Prices are steady at 

 least. P.rown ash has had a fair demand and offerings are not large. 

 Veneers are in moderate demand at firm prices. 



-•< BALTIMORE >= 



The hardwood trade is in the main rather uneventful. Dealers as well 

 as millracn had expected decided activity by this time, but buyers show 

 more or less conservatism. Stocks in the yards indicate that the move- 

 ment lia.-i not been of extraordinary proportions and some pressure is 

 felt with regard to prices. Values appear to have eased off instead of 

 going up, and the current month is not quite up to the preceding one in 

 point of activity. Chestnut in particular appears to have felt the slow- 

 ing up and the quotations have sagged until they are about bock where 

 they were before the rise during the year. Oak is also somewhat lower, 

 but has not been affected to such an extent as chestnut. At least, the 

 disinclination of the buyers to take up stocks has stimulated the sales- 



men In Iheir efforts, and their determination to get business may account 

 for the seeming freedom of the offerings. Gum, basswpod and some other 

 woods are In moderately good shape, with little or no change in the 

 range of values, and with the inquiry quite good. 



The situation Is, of course, Influenced hy the general conditions in busi- 

 ness. Commerce Is waiting on Washington, with its program of trust 

 busting, currency reform and other measures which the Administration 

 is trying to put through. When once this legislation is completed a 

 revival in business may be expected. But while the uncertainty lasts, 

 bankers are drawing in their credits, money is tight and in other ways 

 the lumber trade, along with other.s, is made to feel the effect of the 

 agitation. 



JC I N C I N N A T 



j Hardwood Manufacturers and Jobb ers i 



I DAY LUMBER & COAL CO. 



I Mfrs. YELLOW POPLAR and WHITE OAK 



M GENERAI, OFFICE — CI.AV CITY. KY. 



Iriemeier lumber CO. 



OAK, 



POPLAR, CHESTNUT 



8UMSIERS AND GEST STREETS 



i E. C. BRADLEY LUMBER CO. 



I HIGH GRADE WEST VIRGINIA HARDWOODS 



I GOERKE BCILDIXG 



j SHAWNEE LUMBER CO. 



I HARDWOODS, WHITE PINE and HEMLOCK 



i Sales Office — South Side Station — C. H. A D, B, R, 



I JAMES KENNEDY & CO., Ltd. 



I OAK, POPLAR AND OTHER HARDWOODS 



FIRST NATIONAL BANK BUILDING 



The Kosse, Shoe & Schleyer Co. 



WALNUT, OAK, AND OTHER HARDWOODS 



103-4-5 CAREW BUILDING 



OHIO VENEER COMPANY 



Manufacturers & Importers FOREIGN VENEERS 



2624-34 COLERAIN AVENUE 



POPLAR SPECIALISTS 



We have always made a distinct specialty of Poplar, 

 Rough and Milled. Have 3,000,000 feet nice, dry 

 Stock at Cincinnati now, and some at our mills. 



CAN WE SERVE YOU? 



THE M. B. FARRIN LUMBER CO. 

 CONASAUGA LUMBER CO. 



MANUFACTURERS HARDWOOD AND PINE 



FOURTH NATIONAL BANK BUILDING 



Johns, Mowbray, Nelson Company 



OAK, ASH, POPLAR & CHESTNUT 



GUM AND COTTONWOOD 



IC. CRANE & CO. j 



I MANUFACTURERS HARDWOOD LUMBER | 



& 1739 EASTERN AVENUE 



