52 



HARDWOOD RECORD 



November 25. 1921 



Care All the Way 

 Through 



For years this firm has operated on a 

 solid basis of conservatism. Care has 

 characterized its every department. In 

 log selection only the best is accepted; 

 in manufacturing, quality outweighs 

 quantity. 



Soft textured oak ideal for good furni- 

 ture, splendid walnut, a fine stock of 

 poplar, chestnut, gum, hickory, maple, 

 elm, Cottonwood, beech and quartered 

 sycamore make available to any line of 

 woodworking a thoroughly reliable source 

 of raw material. 



Quick shipment, domestic or export, 

 straight or mixed cars, all N. H. L. A. 

 grades. 



Try Stimson the Next Time 



J. V. Stimson & Co. 



Manufacturers of Fine Hardwoods 



OWENSBORO 



KENTUCKY 



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1 Plain & Qtd. Red & White [ 



OAK 



Even 



Soft 



= Color AND OTHER Texture = 

 I HARDWOODS | 



I Soft Yellow Poplar I 



MADE (MR) RIGHT 



I OAK FLOORING 



I PROMPT SHIPMENTS \ 



I The MOWBRAY I 



I & ROBINSON CO. I 



S ( INCOBPOB ATBD ) • 



I CINCINNATI, OHIO j 



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with the chairmakers, musical instrument manufacturers, auto hody malicrs 

 and railroads. Certainly there is not much vim in the expert trade. Gait 

 is not especially active. Poplar is improved to some extent. Demand for 

 crating stock is somewhat improved. Birch and maple are moderately 

 improved. 



BUFFALO 



Conditions In the hardwood trade here have shown further improve- 

 ment during the last two weeks. Most of the woods are in fairly brisk 

 demand, and the quotations on some of them have advanced from $15 to 

 $20 per 1,000 feet on the lowest prices recorded. Information from all 

 quarters is to the effect that extensive accumulations of stocks are not to 

 be found anywhere, though the demand has not yet attained proportions 

 that would prevent any and all unsettlement. It is still a case of some 

 of the sellers underbidding others and cutting off a dollar or two to get 

 the business, while buyers manifest a disposition to hold off as long as 

 they can in the expectation that prices will go off again. Such a Con- 

 tingency, however, is hardly to be expected, since many of the consumers 

 have drawn upon their assortment until these latter are reduced to a 

 very low level, and replacements must be made if these users of lumber are 

 to continue operations. In addition, the Interest abroad in American 

 hardwoods has grown decidedly, as is indicated by the frequency with 

 which visitors from the United Kingdom especially make the swing around 

 the circle in the United States. In one week several of them have been 

 here, and it cannot be said that they came over just to pass the time. 

 Some of the mills that had been shut down during the time when a 

 surplus of lumber existed, and which contemplated resuming operations 

 again have found this process less easy than they had Puppose<l, so that 

 the getting back into the running proved to be comparatively slow, and 

 the additions to the stocks of lumber were correspondingly held down. 

 Meanwhile the expansion In the inquiry for stocks of all kinds has been 

 quite steady, and there is consequently no danger for the present that the 

 production will outstrip the demand. 



COLUMBUS 



The hardwood trade in Columbus and Central Ohio territory is firm in 

 all particulars. Buying is steady both from factories and retailers and 

 prices are stronger as a consequence. The worst of the slump is now over. 

 and a continuation of the good demand is expected by manufacturers and 

 distributors alike. 



Retail stocks are only fair and In many cases they are somewhat broken. 

 As a result dealers are rather anxious to replenish them and are placing 

 orders to be shipped the latter part of the year. The strongest itoms are 

 flooring and siding. With a growing scarcity in the higher grades, demand 

 is being shifted to a certain extent to the medium and lower grades. In 

 fact the demand for all grades is better than formerly and prices are much 

 more sttvidy all along the line. 



Factories making furniture, boxes, implements and pianos arc buying 

 more liberally. 



CLEVELAND 



Increases in hardwood prices in this market have followed tho markpd 

 increase in demand with the promotion of housing and other construc- 

 tion through October and November. There is reason to believe that so 

 much confidence has been inspired with the building public that opera- 

 tions will continue through the winter if weather is at all favorable. 

 Since production is lower than the outlet, and shipments from producing 

 points likewise ahead of the material being turned out by mills, it is the 

 belief here that the present higher level will be maintained, if indeed 

 still greater price increases do not matorialize. Locally the average in- 

 crease over the low levels attained with the slump in the summer is 

 20 per cent. This applies particularly to oak and all flooring, and to a 

 considerable extent to interior finishes generally. The materials enter- 

 ing into general manufacture — automobiles, furniture, cabinet work and 

 the like have failed to respond in such a marked degree, hut this is ac- 

 counted for easily, since the manufacturing trades are still out of the 

 market. It is true there is some manufacturing hardwood being taken, 

 but only in a "feeler" way. 



CINCINNATI 



There is a difference of opinion here among the hardwood distributors 

 as to conditions of the market at the present time. Some dealers report 

 a slight let-up in the demand for upper grades of hardwoods, while others 

 contend that all grades are not as active as they were three weeks ago. 

 Prices have shown no variation, but wholesalers predict that prices will 

 weaken as the result of the mills accumulating stocks and the falling off 

 in the demand. In some quarters red gum is said to be in good demand, 

 while most dealers rep<irt the oak flooring business the only bright spot 

 in the trade. Inquiries from the railroads are better than for some weeks 

 and all indications point to some buying from this source shortly. A 

 majority of the industrials are buying only limited amounts of hardwoods, 

 although the furniture interests are making better purchasers than most 

 of the other wood consuming Industries. 



Buyers are not placing orders as freely as they were two weeks ago, 

 as many of them believe that railroad rates will shortly be reduced and 



