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Hardwood Record — Veneer & Panel Section 



February 10, 1922 



UNDERWOOD QUALITY 



PROMPT DELIVERIES 

 ATTRACTIVE PRICES 



We Manufacture 



BIRCH, ASH, ELM, BASSWOOD and OAK 



VENEERS 



also 



THREE AND FIVE PLY BIRCH, ASH, PLAIN OAK 

 BASSWOOD, QUARTERED SAWED OAK, WALNUT, 

 QUARTERED FIGURED GUM AND MAHOGANY 



We carry a large stock of THREE AND FIVE PLY 

 PANELS on hand at all times — Write for list of sizes. 



Underwood Veneer Company 



WAUSAU, WISCONSIN 



New York Auction of Mahogany Logs 

 of Doubtful Success 



In England it is a trade custom among wholesalers to dispose of 

 logs and lumber at auction sales held at regular intervals through- 

 out the year. In America such auctions are of rare occurrence; 

 the younger members in the trade over here do not recall instances 

 in which other than a few small distressed sales were made due to 

 circumstances out of the ordinary. A few of the older mahogany 

 dealers in New York state that about fifteen years ago public auc- 

 tions were resorted to as a means of disposing of mahogany logs 

 in the storage yards there, but the sales were all failures and the 

 practice was discontinued. This method of selling logs in New 

 York is not popular among mahogany dealers, w^ho claim that the 

 prices obtained at such sales are not a criterion of values and that 

 it is a ruinous process of realization. 



Busk 6t Daniels, Produce Exchange building. New York, while 

 fully aware of the trade prejudices against such sales, recently 

 decided to offer at public auction six small parcels of British Hon- 

 duras mahogany logs. They declared that the sale w^as to be merely 

 an experiment. 



This sale, which formed one of the chief matters of interest in the 

 mahogany trade during the past month, was held on January 24 at 

 Conslantine & Co.'s yard, 220 Lewis street, New York. In all six 

 lots w^ere catalogued and sold; three lots of round logs of the usual 

 attractive sizes and quality aggregating some 10,000 feet and 

 three lots of hewn square logs of the same origin and quality 

 amounting to about 30.000 feet were disposed of in about 20 min- 

 utes. The attendance was rather small and the bidding, even 

 under the incentive of no reserve conditions, w^as dull and spiritless 

 at the start. The auctioneer was expeditious, however, and did not 

 -allow the sale to become labored. 



The prices for the round logs varied from 5 )/2 to 7 |/^ cents per 

 foot, Scribner-Doyle rule, and for the square logs 5^ to 7^ cents 

 based on contents-for-sale measurement, but these prices by no 

 stretch of the imagination can be said to be the market values in 

 New York for logs of similar quality. Greatly as prices have faller 

 there is no justification whatever for these figures except that tit 

 wood was knocked down on the market at a time when dealers 

 did not feel inclined to add to their stocks. It has not yet been 

 fully decided whether or not further lots will be offered at public 

 auction in the near future. 



Optimistic for Veneers This Year 



We are very optimistic over the veneer situation," said James 

 E. Stark of Memphis, president of the Memphis Veneer & Lumber 

 Co., when asked recently what he thought of the prospects for 

 veneer and plyw^ood in the year 1922. "We feel that this is the 

 logical field for development in the wood-using industries," he con- 

 tinued, "for the reason that the high cost of transportation as well 

 as the tendency for all kinds of timber to be scarcer, w^ill induce 

 manufacturers to avail themselves of the opportunity to use ve- 

 neers. In addition, we feel that the lowest point of our indus- 

 trial depression has been passed and there w^ill be a continuous 

 improvement from now on, and taking the situation as a whole, we 

 believe that w^e are on the road to recovery and will feel the effect 

 of it very materially as the season advances." 



John Heyns, son of William Heyns, for many years head of the 

 Evansville Dimension Company, has been appointed secretary of 

 the city park board at Evansville, Ind., by Mayor Benjamin Bosse. 

 Mr. Heyns has been active in democratic politics in that city for 

 a number of years. 



