54 



HARDWOOD RECORD 



NovemljtT --'i. I'.rjl 



WE WANT TO SELL 



the following 



Dry Northern Michigan 



HARDWOODS 



BIRCH 



HARD MAPLE 

 4/4 6' and wider, 8' and 



No. 1 Com. & Btr. 

 S/4 No. 1 Com. & Btr 

 5/4 No. 2 Common... 

 6 4 No. 1 Com. & Btr 

 6/4 No. 2 Common . 

 8/4 No. 2 Com. & Btr 

 10/4 No. 1 Com. & Btr 

 12/4 No. 1 Com. & Btr 



SOFT MAPLE 

 4/4 No. 2 Com. & Btr . 

 6 4 No. 2 Com. & Btr . 

 4/4 No. 1 Com. & Btr 

 BASSWOOD 

 8/4 No. 1 Com. & Btr 80.000' 



4 4 No. 2 Common 20,000 ' 



longer 



100.000' 



200,000' 



.200.000' 



70,000 ■ 



150.000' 



200,000' 



60,000' 



30,000' 



150.000' 

 14,000' 

 100,000' 



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 



BEDNA YOUNG 



Lumber Company 



Jackson, Tennessee 



Sales Office, Indianapolis, Ind. 



610 Lombard Building 



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. 



AniPiicau Kvci-sens Forwarding t'ompaiiy Is liooking at the rate iif about 

 2,00(1.000 feet a week, which represents a shrinkage of more than .'ill 

 per eent compared with the average maintained during the closing 

 weeks of Octolier and early in November. Export interests appear to 

 have bought enough for the present. In any event, they are displaying 

 far less interest than a short time ago. Leading exporters here confirm 

 the shrinkage in business with Europe reflected so clearly in the figures 

 of the American Overseas Forwarding Company. 



From a production standpoint, the situation is remlered much more 

 unsatisfactory by the exceedingly heavy rains which have fallen over the 

 greater portion of Southern Missouri, West Tennessee. Eastern .Arkansas 

 and Northern Mississippi during the past week or ten days. In some 

 instan<'cs preiipitation has ranged as high as 10 Inches in 24 hours. 

 Flood warnings are out for Ulack and WTiite rivers in .\rkansas and 

 very high water is indicated from streams in So\itheru Missouri. It is 

 quite apparent that the winter season has begun and that hopes of suc- 

 ces.sful logging during the next few weeks have been blasted. A cold wave, 

 with snow, is coming from the Northwest and storm warnings are dis- 

 played along the gulf coast, with the result that mcnibcrs of the trade 

 anticipate some ugly developments when these cross currents meet some- 

 where in the lower Mississippi valley. Some owners «( timber lands were 

 organizing crews and getting ready to bring out logs but the appearance 

 of such unfavorable weather so early in the season has checked their 

 efforts in that direction and it is quite apparent that very little will be 

 accomplished. The woods are now thoroughly watersoaked throughout 

 the vast territory tributary to Memphis, unless the weather during the 

 next few weeks is much better than that more recently experienced and 

 unless greater progress is made with logging than now seems probable, the 

 (luantity of timber available for the mills is going to be very scant during 

 the next few months. I'ractically the entire trade is a unit on this point. 

 The market continues to advance on all items which are scarce and 

 which are in denmnd. The strongest upwanl tendency is noted in the 

 ease of plain red and white oak and plain red and sap gum in No. 1 

 common and better. There is very little red gum of any kind available, 

 and. contrary to the expectations of many members of the trade, sap 

 gum is developing into a position of very great strength. The supply of 

 this is far smaller than was anticipated and demand for It is heavy. 

 The call is extending even to Xo. 2 common and some members of the 

 traile ri'port pi-etty good .sales of No. :i common for use in box factories. 

 Then' has been no recession of prices in any direction. The market has 

 held its entire advance, and, while current prices are causing some con- 

 sumers to await what they consider a nu)re opportune time to place orders, 

 it is quite generally felt that they, rather than owners, will be the losers 

 tliniugh that policy. 



There appears to he no doubt Ihat somewhat larger proiUutiou lias 

 resulted from the efforts put forth to increase rtutput since the market 

 resumed lis upward lemlency. .V nundier of snuiller mills have been 

 placed in operation and some of the larger manufacturers, with mills close 

 to their timber lands, have incri'ased their output to some extent. But, 

 even so. it is conceded thai the increase in demaml and in shipnu>nts has 

 been greater than the increase in output, with tln' ine^■iIable result that 

 stocks have been further depleted. 



MILWAUKEE 



It has been more than eighteen months since so much real optiniism has 

 been manifest in the hardwood lumber trade as is being shown iluring the 

 last half of November. The better feeling is not yet one of unbounded 

 enthusiasm, but on every hand comment Is heard imlicating that a new 

 era has begun and it is confidently believed thai frcim this time forward 

 improvement will grow steadily and surely. 



One of the best evidences of the substantial nature of the iqitimism is 

 the determination of a great many logging and lumber nmnufacturing 

 concerns which a( midyear dropped all thought of engaging extensively 

 in woods work and mill operations this winter, to institute such operations 

 on a nearly nornml scale. When it is consiilered that in many instances 

 mill owners still have considerable logs piled up in the wooils as a carry- 

 over from the logging season of lU20-in21, the fact that they hold strong 

 faith in the immediate and distant future is leading them to resume woods 

 work with the expectancy that the demand will increase to such an 

 extent during the winter and spring that mills will need practically all 

 of the ndilitional input of logs planned for the condng four to five months. 

 On a broad average. It is estimated that this winter's logging will be on 

 the basis of <>(» to 70 per cent of a five-year average. 



Prices are on an upward s<'ale as the result of a snappier demand whicli 

 has assumed an unustmlly broad scape. This faci alone has injei-ted lu'w 

 confidence in tlie present and future, for trade has been of such spotty 

 characteristics for so long that the greater regularity of ilemand from « 

 wider variety of sources is ilistinctly favorable. At the same thne the call 

 generally is still of a hand-to-mouth character, although siuiu' customers 

 are inquiring for larger supplies, i)robably in anticipation of traffic difli- 

 culti(^s in the next two to three months, although firmer pi-i<'es also are^ji 

 factor. 



The best call at present is from fvirniture and cabinet factories, oox and 

 veneer plants, sash, door and interior trim plants, and flooring mills, the 

 latter having experienced a very favorable effect from active tmlbling 

 operations with excellent prospects for 1922. 



