56 



HARDWOOD RECORD 



March 25. 1922 



Manufacturers 

 of 



Stimson's 



HARDWOOD 

 LUMBER 



Annual Output: 50 Million Feet 



J. V. Stimson 



Huntingburg, Ind. 



Stimson Veneer & Lumber Co. 



Memphis, Tenn^ 



J. V. Stimson Hardwood Co. 



Memphis, Tenn., and Helena, Ark. 



r" 



^ 



Delta Hardwoods 



While The Other Fellow 



HESITATES, YOU MAY GUARANTEE 

 THE QUALITY OF YOUR HARD- 

 WOOD LUMBER SUPPLY BY GET- 

 TING IN TOUCH WITH OUR SALES 

 DEPARTMENT. OUR OPERATIONS 

 ARE BACKED UP BY AN EXPERI- 

 ENCED PERSONNEL WITH QUAUTY 

 AS ITS WATCHWORD. BUY NOW 

 AND SETTLE THE QUESTION OF 

 YOUR SUPPLY OF RAW MATERIALS 

 WHILE YOU CAN GET THE BEST. 

 DON'T WAIT! ACT TODAY! 



QUALITY 



AND 



STABILITY 



manufacturers. Dry stocks are not as plentiful as they were a few weeks 

 ago. The automobile trade is still dragging, although considerable hand- 

 to-mouth buying is noticed among the manufacturers. Wholesalers are 

 getting in stocks contracted for some time ago, but are not making exten- 

 sive purchases. Many buyers still hold back with orders, being no doubt 

 influenced by the general conditions and the desirability of husbanding 

 resources. But at the same time there can be no doubt that actual require- 

 ments have become more pressing and that the depletion o£ supplies which 

 has taken place will compel material additions to assortments. Export 

 demand is reported somewhat quiet, although several firms have booked 

 fairly large-sized orders for overseas shipment during the next sixty days. 



INDIANAPOLIS 



Demand from retail sources is more active than it was a couple of 

 weeks ago. Distributors here say the city and rural yards both are begin- 

 ning to get into the market as they should for the spring season. The 

 local demand is especially active because of the large amount of proposed 

 building. Oak and gum continue to rule in the demand, flooring grades 

 being especially active. The sash and interior finish factories are working 

 to capacity in preparation for the coming season here. Good weather has 

 helped the retail demand. The Industrial demand shows little change. 

 The automobile body factories are working with curtailed production, 

 although some report some nice orders. The furniture factories probably 

 are busier than any other of the industrials, and even with these plants 

 there is much to be desired In the way of business. Prices continue the 

 same, with some tendency toward stronger markets In the grades used for 

 construction purposes. 



Double Band Mill: 

 II 



The 



BREECE 



Manufacturing G). 



Arkansas Gty, ArL 



^ 



EVANSVILLE 



There has been some improvement in the trade of the hardwood lumber 

 manufacturers of Evansville and surrounding territory during the past 

 two or three weeks, and wholesalers also report a better tone to the market, 

 as both orders and inquiries show some increase over the previous month. 

 There is a feeling that there will be a gradual improvement in trade dur- 

 ing the next few months, and that while no boom is looked for the manu- 

 facturers feel like they are going to show a nice increase over the busi- 

 ness of last spring and summer. There is a steady improvement in 

 general trade conditions and collections are more than holding their own. 

 lyogs have not been coming in freely tor some time past, but after the 

 present floods are over it is believed that log supplies will be more liberal. 

 Manufacturers report that prices of logs are still a little high. Rail- 

 road freight rates are worrying the manufacturers and shippers a great 

 deal, but they are not expecting much relief for some time to come. Lum- 

 ber prices are holding firm. Walnut has been In very good demand and 

 poplar also is holding up well. Gum has been rather strong for some time 

 past, due to the fact that furniture and chair manufacturers have been 

 buying rather liberally. After the furniture market here during the first 

 week in April it Is believed that the furniture men will be in the market 

 for more lumber, especially gum. When business becomes anything like 

 normal again, lumber manufacturers say that there Is bound to be a 

 steady advance in prices, especially on certain grades, because of the fact 

 that stocks are rather low In many sections of the country. 



MEMPHIS 



Widespread curtailment of hardwood production Is in prospect for the 

 next sixty to ninety days throughout the valley territory as a result of 

 exceptionally heavy rains and flood conditions in the Mississippi and Its 

 tributaries. Logging is already practically at a standstill throughout 

 West Tennessee, West Mississippi, Eastern Arkansas and Northern 

 Louisiana, and many hardwood mills have already been forced to close 

 down because of inability to secure the necessary logs on which to work. 



As previously pointed out in these dispatches to Hardwood Record, 

 comparatively little reserve timber was provided for the mills during 1921, 

 for the reason that the condition of the market and the highness of freight 

 rates were such as to discourage rather than encourage logging. As a 

 result, the mills are, generally speaking, very short of logs, and any stop- 

 page of logging must necessarily be quickly reflected in closing down of 

 manufacturing processes. It was foreseen that any unfavorable weather 

 or anything like flood conditions in the valley producing territory would 

 have unusually serious bearing on the output of hardwood lumber and, 

 now that both have materialized. It Is conceded that there will be little 

 accomplished until late spring or early summer, even if no further rains 

 make their appearance In the next few weeks. 



Precipitation throughout this section during the past several weeks has 

 been abnormally heavy. Two inches of additional rain fell here Saturday 

 night, March 18, and reports from reliable sources Indicate that the low- 

 lands are covered with surface water. But, what Is even worse from the 

 standpoint of logging and manufacturing operations, flood conditions are 

 noted in all streams in this territory. This means that vast areas are 

 covered with back-waters, that the lowlands are practically Impassable, 

 and that logging crews have had to retire. 



J. n. Scott, official weather expert at Memphis, predicts a stage of "41 



