42 



HARDWOOD RECORD 



May 10, 1917 



Bone Dry Stock 



1 50 M 1" No. 2 Common Birch 

 1 00 M 11/2" No. 3 Com. Birch 

 3 cars 1 Yi" No. 3 Common Hard 

 Maple 



In Shipping Condition 



1 50 M 1 " No. 3 Common Maple 



PUZZLC 

 WM£JIE AM TH£ NAKROW BOAKWI £00 M \ Va" No. 3 Com. Birch 



PATSON-SMITH LBR. CO » , o ^ n « 1 



•i.Nr.c<i-o>.>s. MINN 200 M 2" No. 3 Common Maple 



Stock 60 Days Old 



I 00 M 2" No. 2 Common and Better Hard Maple 



Special Stock for Quick Shipment 



3 cars I Yi" Dry, FAS Birch, elegant stock 



// orders sent quick, can ship quick 



Payson Smith 

 Lumber Co. 



CHICAGO OFFICE 



1665 Old Colony Bldg. 

 J. C. Moffat, Rep. 



DETROIT OFFICE 



Henry Clay Hotel 



P. M. Youngblood, Rep. 



••"■' .^-f^^. 





^ 



eCAUTIFUL 



WK MEAN THC OAK NOT THC HAN 



PAVSON-SMtTH LBR. CO. 



HINNBA^OLI*, MINN. 



You Can See Logs Like These 

 on Our Yard Any Day 



STIMSON 



p. O. Box 1015 



VENEER AND LUMBER 

 COMPANY, INC. 



Memphis, Tenn. 



MANUFACTURERS 



Hardwood Lumber, Rotary Cat 

 Veneers, Rotary Cut Gum Faces, 

 Cross Banding and Cores. 



•<,CLEVELAND>' 



The advent of peace in the building trades in Cleveland has brought 

 the demand for hardwood, as well as other lumber, back to normal. Although 

 war and high prices are known to have curtailed the demand to some de- 

 gree, car shortage and generally bad shipping facilities more than counter- 

 balances this condition and the price tendency is upward. 



Shingles have advanced from 25-50 cents per 1,000, and other advances 

 have been noted in cypress and No. 1 oak flooring, the latter being especially 

 hard to get. The shipping outlook is pessimistic and further advances are 

 expected. 



=-< TOLEDO > 



There is little change in the hardwood situation in this section. Whole- 

 salers are still complaining of the car shortage and their inability to prom- 

 ise any kind of delivery as a result, .•iu advance in the price of oak is 

 looked for soon, and the price of hickory has advanced $3 a thousauil dur- 

 ing the past few weeks. The factory demand for hardwoods is keeping up 

 and most dealers are optimistic in their views of future business condi- 



-< INDIANAPOLIS > 



The hardwood market is active, although the volume of business during 

 the last two weeks has not been so heavy as during corresponding periods 

 since the beginning of the year. Weather conditions have interfered with 

 building operations, the value of operations for the last month showing a 

 decrease of $85,000 under the value of operations for April, 1916. 



The trade feels that the declaration of war has created timidity among 

 buyers of certain classes, although many reports indicate that the purchas- 

 ing departments of large consuming plants are making inquiries for rather 

 large orders to build up surplus stocks to meet possible emergencies that 

 might result from the war situation. 



The chief drawback to business is found in the transportation and labor 

 situation. Rail conditions show no improvement, and many dealers e.\pect 

 the conditions to be even less favorable when mobilization of a large mili- 

 tary force is started. The same applies to the labor situation. Not only 

 hardwood manufacturers l)ut the larger consuming plants have been experi- 

 encing difficulty in procuring good men, and this condition is expected to 

 become even more serious when the selective draft law is placed in effect. 



The demand for plain oak remains active, and chestnut is in good de- 

 mand. Gum is not so active as it was, while the demand for hickory Is 

 good. 



=-< EVANSVILLE >■= 



Trade with the hardwood lumber manufacturers in Evansvillc and south- 

 western Indiana has been quite brisk during the past two weeks and most 

 of the uptown mills in Evansville continue to operate on steady time. Col- 

 lections are fairly good, but not so free as they were a few weeks ago. 

 While the river mills are not operating on steady time they are doing a 

 nice business. 



The car shortage is still working a hardship. Manufacturers say that by 

 using freight cars, flat cars, and even coal cars, they have been able to move 

 their product and also to bring in logs from the southern markets. It Is 

 expected that during the grain moving season cars will be scarcer than 

 ever and the situation will then reach the acute stage. I*rices on the best 

 grades of hardwood lumber continue to advance and it is believed that 

 prices will keep going up all summer and fall. Gum is in strong demand, 

 as it has been for the past several weeks, and furniture manufacturers con- 

 tinue to be in the market for a great deal of it. Thick quartered oak Is 

 also in brisk demand and has been jumping in price for several days. One 

 Arm sold over 200.000 feet of thick quartered oak in one week. Thin quar- 

 tered oak is also in stronger demand than it had been tor a long time. 

 Poplar lumber is moving briskly .ind is l>ringing a good price. One large 

 manufacturing concern here reports that it recently brought in poplar logs 

 for the first time in four or five years. Elm and maple continue in strong 

 demand and quartered sycamore is also strong and a good deal has been 

 purchased recently by veneer manufacturers, ."ish and hickory are strong. 

 The manufacturers report that they are getting all the logs they need now 

 and that the prices are unusually high. The various wood consuming fac- 

 tories in Evansville are still being operated on good time. Ruilding opera- 

 tions are picking up nicely with the coming of more settled weather. Plan- 

 ing mills arc busy, yellow pine dealers say trade is good, and sash and door 

 men are busy. The wholesale and retail outlook is encouraging. 



=-< MEMPHIS >•- 



The demand for hardwood lumber continues active and the market 

 displays a firm tone, with the tendency of prices toward a higher level. 

 Prices are altogether in the sellers' favor and they are able to get 

 almost any price they have the nerve to ask. This may be an over- 

 statement, but manufacturers of lumber who have the stock and are 

 able to guarantee delivery within a specified time have the call on busi- 

 ness. There is a pronounced shortage of cars and the carriers are 

 imposing many restrictions from time to time regunling the handling 

 of lumber shipments. The call is particularly active tor gum lumber In 

 all grades. The higher grades are moving at full quotations while the 

 lower grades are in unusually active request. They are commanding the 

 highest prices ever known and yet it is generally conceded that a some- 



All Three of Ut WiU Be Benefited if You Mention HARDWOOD RECORD 



