56 



HARDWOOD RECORD 



December 10. 1921 



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Delta Hardwoods 



WHAT DO YOU WANT? 



SOME CONSUMERS OF HARDWOOD 

 LUMBER DO NOT GET VALUE FOR 

 THEIR MONEY. OFTTIMES IT IS BE- 

 CAUSE THEY DO NOT STUDY THE 

 SOURCE OF THEIR SUPPLY. AR- 

 KANSAS IS THE HOME OF THE BEST 

 HARDWOODS. OUR DOUBLE BAND 

 MILLS ARE LOCATED IN THE CEN- 

 TER OF THE BEST HARDWOOD PRO- 

 DUCING REGION OF THE STATE. IT 

 WILL PAY YOU TO INVESTIGATE. 



GET THE FACTS 

 NOW 



V. 



Double Band Mills 



II Arkansas City, Ark. 



BREECE 



Manufacturing Co. 



VESTAL LUMBER 

 & MFG. COMPANY 



INCORPORATED 



Soft Textured Oak 



Poplar 



Black Walnut 



Tenn. Red Cedar 



KNOXVILLE, TENNESSEE 



BAND MILLS AT VESTAL 



A srBXRB OP KNox\aijj; 



FONDE, KY., & DUFF, TENN. 



the railroads started a buying movement but today this outlet is demand- 

 ing very little stock. 



Wholesalers say one reason for the upper grades maintaining steady 

 prices, despite a falling off in demand is a shortage of common and better 

 items. Gum is probably the most active item on the list, with oak a 

 close second. The export trade is exceedingly dull, according to a majority 

 of the exporters. 



INDIANAPOLIS 



The industrials are more ami more li^iuring in the hardwood consump- 

 tion of Indianapolis and central Indiana, according to mill representatives 

 here. The biggest percentage of demand is coming from the furniture 

 factories, all of which appear to be producing something at least and 

 many of which are working* to capacity. There are many indications 

 pointing to increased production on the part of these plants. Sales de- 

 partments declare prospects are good for spring business and they are 

 urging that adequate stocks be made up at the factories. Business is fair 

 in the box and barrel factories, but the piano trade appears to be suffer- 

 ing. The automobile body plants are working well, but the business in 

 this line is falling off with the slump in winter trade following a good 

 fall season. 



EVANSVILLE 



The hardwood lumber manufacturers of Evansville and southern Indiana 

 say that during the last week in November and the first week in Decem- 

 ber their business suffered some little slump but not enough to be noticed 

 and that they believe their trade during the rest of the year will hold 

 up very well. They say that their business has been on the upward grade 

 since the first of October and that the demand for the better grades of 

 hardwoods has been better than at any time during the present year. Col- 

 lections are holding their own very well and general trade conditions have 

 gradually improved. Most of the wood working plants in the city, as 

 well as those in southern Illinois and western and northern Kentucky 

 towns, are being operated on an average of about 50 hours a week. Hard- 

 wood lumber manufacturers report that owing to the excessive rains in 

 the South and along the Green and Barren rivers in western Kentucky 

 few logs have been coming into the local market during the past two or 

 three weeks. They say they have plenty of logs, howe\;er, for immediate 

 uses. There is not as much cheap lumber on the market now as there was 

 oarly in the year and this has caused the market to become more stabil- 

 ized. Box manufacturers report that their business has been fairly good 

 during the past month. 



BEAUMONT 



There has been a slight slowing down in the demand for hardwood 

 during the past two weeks. . but it has not been snfflcient to lower the 

 price. Production Is still far below normal, and a complete cessation of 

 orders would not mean mucli in the way of stock accumulations. 



Red gum still leads the market, Itut there is practically none to be had 

 in this section. The supply at mills is exhausted and the small number 

 Iff plants in operation does not tend to relieve the situation. Inquiries for 

 square-edged, while limited in volume, are becoming more numerous and 

 the possible call for tliis class of stock may soon justify a resumption 

 of operations. 



The demand for ash has broadened with prices firm. Box factories are 

 taking more material and prices are stiffening slightly, but the low grade 

 movement generally is still at a low ebb. Production is still unchanged. 



MEMPHIS 



There is some slowing down in demand for hardwood lumber, which 

 is attributed by the majority of the trade here to the approach of the 

 holiday season and the inventorying period that will follow so closely there- 

 after. But, even so, there is a fairly active demand in which manufac- 

 turers of furniture, llooring and interior trims are easily the leaders, as 

 they have been during the past few weeks. The majority of the trade 

 have enough lumber sold now to keep them busy until after Christmas, as 

 November proved the banner month of 1921 in the matter of orders 

 booked. 



Buyers are attempting to place orders calling for shipment after Janu- 

 ary 1, but they are meeting with indifferent success in this direction, for 

 the reason that sellers are not disposed to accept business of this char- 

 ;icter. As an illustration, it may be noted that one firm here received 

 offers during the past week for 500.000 feet from one consumer and 

 1,000,000 from another on the basis of current prices, 12 cars to be 

 shipped immediately in each case and the remainder at the seller's option 

 any time after January 1. The seller was willing to accept the offer for 

 12 cars for immediate shipment but declined to accept that portion calling 

 for later delivery. He says that he believes the market will be pa- 

 preciably higher after the holidays that it is now and that he does not 

 care to be placed in the position of having to ship lumber invoiced at 

 old prices, when he anticipates that he will be able to sell everything 

 lie has to offer at prices current on date of invoice. Others are taking 

 the same view of the situation and forward delivery business is largely 

 taboo here. 



Furniture manufacturers are buying plain and quarter sawn red and 



