58 



HARDWOOD RECORD 



October 25. 1921 



BEDNA YOUNG 



Lumber Company 



Jackson, Tennessee 



Sales Office, Indianapolis, Ind. 



610 Lombard BuUiling 



Manufacturers of 



Quartered White Oak 

 Quartered Red Oak 



and Other Hardwoods 



When in the market for 



High Grade Lumber 



please let us have your enquiries. 



WE WANT TO SELL 



the follozving 



Dry Northern Michigan 



HARDWOODS 



BIRCH 



4/4 FAS 32,0(I0' 



4/4 Selects 5,000' 



4/4 No. 1 Common 30,000' 



4/4 No. 1 Com. & Btr ... 30,000' 



4/4 No. 2 Common 100,000' 



5/4 FAS IS.OflO' 



5/4 Selects 65,000' 



5/4 No. 1 Common 5,000' 



5 4 No. 2 Common 150,000' 



8/4 No. 1 Com. & Btr... 11,000' 



SOFT ELM 

 4/4 No. 2 Com. & Btr... 75,000' 



6/4 No. 1 Com. & Btr 50.000' 



8/4 No. 2 Com. & Btr. . . . 35,000' 

 ASH 



4/4 No. 2 Com. & Btr 100,000' 



5/4 No. 1 Com. & Btr .... 25,000' 



HARD MAPLE 



4/4 6" and wider, 8' and longer 



No. 1 Com. & Btr 100,000' 



5/4 No. 1 Com. & Btr 200,000' 



5 4 No. 2 Common 200,000' 



6 4 No. 1 Com. & Btr... 70,000' 



6/4 No. 2 Common 150,000' 



8/4 No. 2 Com. & Btr ...200.000' 

 10 4 No. 1 Com. 4 Btr . . 60.000' 

 12/4 No. 1 Com. & Btr... 30,000' 



SOFT MAPLE 



4/4 No. 2 Com. & Btr 150,000' 



6 4 No. 2 Com. & Btr 14,000 ' 



4/4 No. 1 Com. & Btr 100,000' 



BASSWOOD 



8/4 No. 1 Com. & Btr 80,000' 



4, 4 No. 2 Common 20,000 ' 



HARD MAPLE FLOORING STOCK 

 FOR RAIL OR WATER SHIPMENT 



Band mills at 

 Chassell and Ontonagon, Michigan 



C. H.Worcester Co, 



NOT INCORPORATED 



19 So. La Salle Street, CHICAGO 



trailing very closely. Flooring is also in active demand. Prices on all 

 these grades are advancing. 



Furniture manufacturers are the largest buyers. Automobile interests 

 are buying some. The railroads are buying only the supplies necessary 

 for repairs and none for new construction. The demand for hardwood 

 flooring does not come from an increase in building, according to lumber- 

 men, building, while better, is still far from active in this locality. 



Lumbermen generally are optimistic over the railroad strike situation. 

 Some think there will be no strike, that the difficulties will be straightened 

 out before Oct. 30 ; others say that if the strike does come it will not 

 result in a general tie-up. that there will be congestion in the cities for a 

 week or two when normal conditions will be restored. 



NEW ORLEANS 



A big increase in inquiries for Xo. 1 Common and better of practically 

 all grades ; some slight movement of the lower grades, but still a super- 

 abundance of stocks of all kinds from No, 1 Common down and an ever 

 increasing shortage of stocks of the upper grades with prospects of this 

 shortage becoming really acute during the dull Winter season ; and a 

 bull-dog firmness in the prices of the lower grades and a slight tendency 

 to rise on the part of most of the better qualities. 



This, in a nutshell, is the present status of the hardwood market for 

 the extreme southern and southwestern territory, as judged by expres- 

 sions and interviews with representative manufacturers and whole- 

 salers of Mississippi, Louisiana and Texas. 



While the outlook for the hardwood market for this section is not 

 altogether brilliant and is somewhat mixed, it is generally considered 

 that the bright spots by far outshine the dark and it is safe to say that 

 more genuine optimism is being felt by the hardwood people hereabouts 

 now than for many months past. 



Production probably is less than twenty-five per cent of normal for 

 the time of year, but it seems to be picking up steadily, but very slowly. 

 Where to get supplies of No. 1 Common and better in all kinds of hard- 

 woods with the possible exceptions of one or two kinds is rapidly develop- 

 ing into quite as big a problem as what to do with the superabundance 

 of the lower grades. Practically none of the mills have a surplus of stock 

 of the better grades on hand at present, and with the demand continuing 

 to grow rapidly and the winter season coming on to further reduce pro- 

 duction, it is practically a certainty that this kind of stuff is going to 

 be very hard to get during the winter months and it is also anticipated 

 that even green as well as dried lumber will be scarce by next Spring. 



The box and the floor factories both are reported to be without extra 

 supplies of stock and inquiries from them are growing heavier and 

 heavier. The railroads are taking more stuff than heretofore, but their 

 demand as yet is not comparatively important. Hopes of further clear- 

 ing out the over supply of lower grade stock receiveil another jolt with 

 the announcement of the railway strike and the anticipated rate reduc- 

 tion, which makes many a purchaser hang back until the last minute in 

 the hope of saving on the item of transportation. With some items of 

 the better grades moving out to Mexico, a little to Cuba and small quan- 

 tities to Europe, the export movement continues to show more or less 

 activity, but it is not of sufficient bulk and steadiness to be a dependable 

 factor in the revival of the hardwood business of the South. 



MILWAUKEE 



-Vlthougli tlie belief is general that the railroad strilte called for Oetober 

 30 probably will not come to pass, due to the energetic efforts being made to 

 compromise the dispute, the demand for hardwoods was quickened to a 

 slight extent in the last week or two by reason of the apprehension over 

 possible interruption of deliveries. Industries have l>een running along 

 on hand-to-mouth stocks of raw materials for so long that stoppage of ship- 

 ments for a week or two would leave a majority of them bare of supplies. 



In a general way, hardwood lumber operators view the immediate future 

 with optimism, save for some fear that railroad strike conditions may Inter- 

 fere with the movement. The call for hardwoods in the last few weeks has 

 been healthier than in four or five months before, and while it still lacks 

 snap and volume, the largest operators claim to be able to discern definite 

 improvement which they hope will be accentuated as winter comes on. 



The demand generally Is for the top-notch grades, medium and low 

 qualities moving very slowly. Prices are holding firm, but are not appre- 

 ciably higher. Some shading is being done on the low grades to liquidate 

 the large supply, which in some instances is uncomfortably heavy. Makers 

 of interior trim and fancy woodwork are busier than they have been all 

 year and their 1922 season is expected to be a relatively excellent one. The 

 greater activity in new construction in the last half of this year is believed 

 to portend a new high record for volume in Milwaukee. The record stands 

 at .f23,00n,O0O. established in 1919, but with two full months ahead, this 

 figure is rapidly being approached. 



The farm implement trade is becoming more active after being dull and 

 lifeless for several months. The automobile trade is demanding more 

 hardwoods at this time because of the Increased production of closed body 

 types. Box and crating factories, which have had little to do all-eummer, 

 are entering a fairly busy season. 



Logging operations, while materially curtailed, will go forward all winter 

 in moat sections in anticipation of a better demand for manufactured 

 lumber In 1922 than was experienced all this year. 



