60 



HARDWOOD RECORD 



November 10. 1921 



CHICAGO' 



The World*s Greatest Lumber 

 and Woodworking Center 



Hawlwoods 



Kiln Dried AND Air Dried 



Office &Yards2J49to24Z3 SaLooMis St. 



TELEPHONES 



CANAL ia30 



CANAL 163! 



CANAL II a 



Theo. Fathauer Co. 



Manufacturers & Dealers 



Hardwood Lumber 



YARDS AND MAIN OFFICE 



l/lOO ni. A TELEPHONE 



1428 Cherry Ave. diversey m4 



MILLS — HELENA, ARK. 



CLARENCE BOYLE 



IXOORPORATED 



ESTABLISHED 1850 INCORPORATED 1913 



M ANUF ACTUR E R8 

 AND WHOLESALERS 



Southern Hardwoods 

 and Cypress 



1205 Lumber Exchange Buildin;^ 



BAND SAW MILLS 



WILDSVILLE. LA. ATLANTIC BEACH. FLA. MEIUDIAN. MISS 



more frequent, though as a rule still small, the hardwoofl market for the 

 extreme South and Southwest continues to evince sulistantial improvement 

 over the lethargic comlition characterizing it for practically a year. 



Almost all inquiries at the present time are for the better grades. The 

 lower grades, that is. all below and including No, 3 common, seem to con- 

 tinue to be strictly taboo. The two big problems facing the trade are. 

 therefore : What to do with the superabundance of the commoner varieties, 

 and, secondly, how to provide the better grades to meet the requirements 

 of an increasing demand. 



LOUISVILLE 



The priufipal difficulty experienced in the hardwood trade just now is in 

 supplying demand for high grade, espwially firsts and seconds, and the 

 shortage of top grades is resulting in better demand for common. Low 

 grades are also moving more freely. As a whole demand is good, especially 

 In poplar, oak and gum, while such mills as feature walnut report a very 

 good demand. Prices are a little stlffer on good grades. Collections are a 

 little slower than they should be. but will prol)ably pick up shortly. Export 

 buying has resulted in a better feeling generally in the trade. The fur- 

 niture trade is still the most active buyer, and the iniplemt^nt and wagon 

 trade is nut up to normal by any means. Box boards are in better demand. 

 Veneers and glued up stocks are very fair, but business is coming in 

 spurts. 



ST. LOUIS 



Business continues good, with pri<'es steady. Volume of sales is large 

 and the woods in greatest demand are gum and oak. Furniture people arc 

 doing considerable buying. The railroads are buying little, seemingly 

 more for repair work than for any new construction. 



Some seem to think the present flurry in business will not last very 

 long and are building more for a goo<l early spring trade along in January 

 and February. 



Stocks are generally complete but light, and most firms do not seem to 

 he buying to fill out their stocks at this time. 



Furniture factories are operating at about 75 percent capacity. 



Collections are reported by some as very good and by others as im 

 proving. 



The Federal Reserve Bank statement Issued October 28 said, concerning 

 the hardwood market : "The hardwood situation is much improved : 

 demand is heavier and values more definite. The local industrials have 

 come into tlie market moderately and wholesale yards have been gradually 

 building up their stocks. Prices have not changed materially, but the 

 trend Is upward." 



ENGLISH 



The Improvement In market conditions of American hardwood lumber 

 lias been maintained, and a moderaio amount of forward business has 

 taken place. The chief demand has lieen for oak, more particularly for 

 prime graile. the value of which has appreciated. Medium grade ship- 

 pers have in some cases met with lower rates. Lower grades of stock, 

 which formerly were much in evidence, are now considered unprofitable, 

 owing to the greatly increased cost of labor. Several steamers are now 

 discharging .\merican hardwood of high grade in the London ports. 



The arrivals of mahogany are mainly from Africa, Sales have fallen 



■ ill and prices are noticeably lower. 



Small quantities of oak, ash and mahogany panels are in demand for 



■ ■•novation and decorative purposes, hut the total volume of this class 



■ ■f business is exceedingly «niall, and the prices remain at recent levels. 



American veneers and plywood are practically out of the question In 

 the English market at the moment, owing to the exchange situalicm. 

 Large stocks of Cottonwood, etc., are being offered at considerably less 

 than the present cost of importation. — U. S. Commerce Reports. 



GERMAN 



The ilemand for American wood goods, which had lately Im reaseil. is 

 severely infiuenced now by the unfavorable development of the rale of 

 ■ ■xchange. Whilst some inquiries for American walnut, soft yellow poplar. 

 as well as for American mahogany logs could be filled, the buye'Vs are now 

 very reluctant and are awaiting an improvement of the Reichsnmrk. 



During the last months several shipments of genuine yellow poplar logs 

 arrived here, which as far as quality and conditions are concerned, have 

 proved moslly to be satisfactory anil in accordance with the requirements 

 of the German market, and therefore gave satisfaction. Also some ship- 

 ments of American walnut logs came in, which have not always been satis- 

 factory, as shippers were forwarding logs with a large percentage of knots 

 .ind other detects, which are only suitable for cutting into boards. 



Central .\merican mahogany: .Some <!ermnn buyers have contracted for 

 small quantities of Central American mahogany In round logs, while square 

 liewn Tabasco logs of larger dimensions are occasionally asked for. 



Pitch pine : Some of the German industries have decided to again take 

 \ip the use of pitch pine to a limited extent for special purposes, still the 

 actual price prevents consumption on a larger scale. 



