6U 



HARDWOOD RECORD 



January 25, 1922 



WE WANT TO SELL 



the following 



Dry Northern Michigan 



HARDWOODS 



BIRCH 



4/4 FAS 30,000' 



4/4 Selects 15,000' 



4/4 No. 1 Common 15,000' 



4/4 No. Z Common 100,000' 



S/4 Selects 55,000' 



5/4 No. 1 Common 10,000' 



5/4 No. 2 Common 80,000 ' 



8y4 No. 1 & Z Common... 11,000' 



SOFT ELM 



4 4 No. Z Com. & Bfr 100,000' 



6/4 No. 2 Com. & Btr 50,000' 



8/4 No. 2 Com. & Btr 33,000' 



ASH 

 4/4 No. 2 Com. & Btr. 

 5/4 No. 1 Com. & Sir. 



.100.000' 

 . 45,000' 



HARD MAPLE 



4/4 6 " & Wider, 8' & Longer 



No. 1 Com. & Btr 100,000' 



S/4 No. 1 Com. & Btr 60,000' 



6/4 No. 1 Com. & Btr 100,000' 



6/4 No. 1 Com. & Sel... 60,000' 



6/4 No. 2 Common 150,000' 



8'4 No. Z Com. & Btr 200.0OO' 



10 4 No. 1 Com. & Btr ... . 80,000 ' 

 12/4 No. 1 Com. & Btr. . . . 30.000' 



SOFT MAPLE 



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



6 4 No. 2 Com. & Btr 14.000' 



8 4 No. 1 Com. & Btr 100,000 



BASSWOOD 



4/4 No. 1 Com. & Btr lOO.OOO' 



4/4 No. 2 Common 45,000' 



HARD MAPLE FLOORING STOCK 

 FOR RAIL OR WATER SHIPMENT 



Band mills at 

 Chassell and Ontonagon, Michigan 



C. H.Worcester Co, 



NOT rNCORPOBATED 



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. 



orders for veneers, panels, and hardwoods are leaking into the hands of 

 lumbermen. However, salesmen report that it is hard to find buyers In 

 their ofBces just now. Inquiries are better and some business is being done, 

 while it is claimed that within ten days or two weeks it looks as if the 

 flrst-of-the-year depression will be past. The musical instrument lines are 

 a little more active. The hardwood flooring and interior trim outlook is 

 good. Implement, vehicle and wagon business is slow. Export inquiry is 

 very fair, and jobbers are placing more inquiries. 



NEW ORLEANS 



Having practically been "on vacation" for the past three or four weeks 

 principally because of the holiday season and the usual slackening down 

 of business on and about the first of the year, the hardwood market for 

 the extreme South and Southwest has now definitely begun to show 

 signs of improvement and indications are that the trend for the better 

 is permanent and that it will continue to grow in magnitude as the year 

 1922 advances. 



Prices standing firm as Gibraltar ; production gradually on the decrease 

 because of inclement logging weather throughout the lower Mississippi 

 delta, despite persistent and consistent efforts of the manufacturers to 

 speet up their output ; inquiries increasing apidly and actual demand 

 more active than for a month past ; such, in a nutshell, is the market sit- 

 uation at the present writing for the New Orleans territory. 



The few price fluctuations of most recent date have all been on the better 

 gi'ades. The lower grades seem to be slightly more popular just now than 

 for several months past and their prices are sticking steadfastly with no 

 tendency whatever of any further declines. 



The export trade is improving gradually, with the movement of some of 

 the better grades to Spain, the United Kingdom, the River Plate region 

 of South Ameria and some mixed stuff to Mexico, though in small quan- 

 tities to the Southern Republic. 



MILWAUKEE 



The experience of the hardwood industry in the first few weeks of 

 the new year has been a continuance of the favorable situation noticeable 

 in the last sixty days of the old year, and on this basis both the input of 

 logs and the production of lumber has made further advances. In the 

 case of many sawmills, operations were interupted only for the two double 

 holidays, instead of for the customary period of a week, ten days or two 

 weeks over the entire holiday season. But perhaps most significant is 

 the fact that some largo mills which have been idle for as long as six 

 months have been placed in operation since January 1 because of the 

 pressure of demand and the good prospects ahead. 



There is actually a serious shortage of the top qualities of hardwoods 

 at mills, while the medium and lower grades arc not at all in plentiful 

 supply. With a steady broadening of the demand the scantness of the 

 supply becomes more and more apparent, and tor this reason a good many 

 lumber concerns in the North have extended their woodswork for the 

 remainder of the winter, and there already is cosiderable talk of summer 

 logging this year, among mill companies that find themselves without 

 ample supplies to malntai nthe present incrcnsefl production schedules. 



Prices are very firm and advances of the last thirty to sixty days not 

 only arc strongly held, but are being subjecte<l to further upward revision, 

 especially since southern hardwoods are on the upgrade. Naturally the 

 Improved price situation has much to do with the efforts being made to 

 increase production, hut there seems to be no danger that ths movement 

 will be carried to the point where the market is likely to beg lutted with 

 stock. 



The demand covers a wider scope of sources than tor a year or longer. 

 The automotive Industries are again inquiring and some buying already has 

 been done. Flooring manufacturers are scouring the market for fresh 

 supplies of maple. Furniture factories are ordering in a broader way and 

 the musical instrument industry is looking up once more. Box and 

 crating factories areb eginning to feel the effect of improvement in gen- 

 eral manufacturing. 



TORONTO 



The Ontario hardwood market continues to improve somewhat, although 

 the volume of business is small and conditions are still affected by the 

 period of stock-taking among the manufacturing industries and the lum- 

 ber companies themselves. There is a fair demand for several lines of 

 hardwood and prices are advancing. It is recalled that a year ago the 

 market was on the down grade and this decline continued until November. 

 Then buying was resumed on a fairly large scale and prices began to climb 

 slowly, continued upward until December 1, when they struck an even 

 keel, and have remJiino<l aliout that level since. It is generally conceded 

 that while the contemplated demand during the spring and summer will 

 undoubtedly result in the stiffening of prices, the advance is not expected 

 to be very rapid, and certainly prices will not even approach the peak level 

 of 1920. The conclusion which at present seems definite is that the whole- 

 sale price of lumber, particularly in the east today is considerably lower 

 than it will be sixty and ninety days hence. The construction lumber 

 market is bound to advance above its present level and the hardwood market 

 is already well on the way. 



