.Til no 



HARDWOOD RECORD 



mouths or yt^ar. Demand from the railroads for oak and heavy brid?:e 

 timber keeps very good. Big manufacturing concerns are using a largo 

 amount of luml^er for extensions and repairs as well as for new plants. 

 The demand from the automobile and furniture manufacturers is also 

 first class. Many of these concerns, however, are buying now with a view 

 to covering their needs for fall and winter or stocks which they diil not 

 secure on former orders placed. The yard trade is decidedly disappoint 

 ing. Building has fallen down in most places leaving yards well supplied 

 witJi lumber for their summer trade. The car supply is better on sonu' 

 roads than it has been for a long time, but in general, however, thr 

 improvement has not been very marked. Hardwood mills are badly haudi- 

 cappod by a lack of labor just now as the harvesting season has begun. 

 and their cut on this account will he considerably less than was desired. 



^-< BOSTON >-- 



Quotations on all items are stiff at latest advances, with some further 

 new records on heavy stock. The reports of coming transportation cou- 

 ditions when building material cannot be moved, unless in very limited 

 amonnts. have brought about a decline in oiierations as shown liy con- 

 struction and contract figures. A further effect is the desire of many 

 large inquirers to get the stock green or dry shipment any time, thus show- 

 ing an intention to endeavor to build up reserve supplies if possible. The 

 disposition to meet rising prices by necessity buying and depletion of 

 stock on hand has finally resulted in very large current needs of insistent 

 character and a very restricted ability to "'bridge over" on delayed arrivals. 

 A belief that lumlier will not recede, at least not for some time, is appar- 

 ently becoming fixed in the minds of industrial operators, as they are now 

 purchasing for the future. This policy in the interests of their own safety 

 and economy will maintain a large demand for stock, coming as it does 

 during the period of special needs such as shipbuilding, camp ctmstruc- 

 tiou and other unusual uses br(ui::ht about iiv the war. 



< BALTIMORE >.= 



The hardwood situation continues to be unsatisfactory in a way and 

 satisfactory in others — satisfactory because of the very active inquiry 

 that prevails and the high prices that can he obtained, and unsatisfactory 

 because none of the drawbacks to distril)ution have so far been over- 

 come. At this time Baltimore is practically cut off from receipts of 

 lumber from the South, all of the railroads being embargoed. The yellow 

 pine men are able to get transportation hy water whenever the rates are 

 not prohibitive, which is practically all the time ; while the railroads 

 simply refuse to book shipments for this city and beyond. To take care 

 of current requirements is, therefore, uncertain, which, naturally, makes 

 the inquiry all the more insistent, since the buyers must expect delay aud 

 have to order a long time in advance on the prospect that eventually 

 some of the shipments will get through. The producers, for their part, 

 are troubled by Ihe labor shortage, which prevents many of them from 

 attaining anything like their fuH capacity and holds stocks down to pro- 

 portions where the needs of the buyers cannot always be met. 



Even where mills have an adequate selection they are not in a posi- 

 tion to take care of the orders that come in. aud the whole trade is in a 

 more or less unsettled state. Everyone goes ahead from day to day, not 

 knowing what the morrow may bring forth, and the draft is awaited with 

 the feeling that the working forces of plants and yards will be dis- 

 organized to a material extent. Prices ai'e unsettled, too, in the way of 

 having no especially fixed level. Much depends upon the individual cir- 

 cumstances of each transaction. It a buyer must have lumber in a great 

 hurry he will pay almost any figure, and if he can take his time he may 

 obtain stocks at a considerably lower price, though even the low prices 

 are high, comparatively speaking. In a general way, it is to be said 

 that the demand exceeds the offerii gs, and many of the yards have seen 

 their stocks greatly reduced in recent months, without the ability to make 

 good the withdrawals. 



Assortments on the whole are far smaller than they were during the 

 early spring, and more or less apprehension is now expressed that ade- 

 quate assortments may become a rarity before very long. Though this 

 is the quiet season of the year for the furniture manufacturers, they 

 have been buying lumber with some freedom. The furniture exposition 

 will be held in New York next month, and until after that event the manu- 

 facturers will be disposed to go slow : but in spite of this fact consider- 

 able interest is manifested in the offerings of lumber, and many inquiries 

 are sent out. Although almost no oak is going to foreign countries now. 

 the domestic market is very firm or higher. Other hardwoods are in 

 proportion. The sellers, therefore, have every incentive in the returns 

 to take orders, liut are restrained by the diflSculty of making shipment, 

 with the proiluction also held down. Maple flooring and other items are 

 subject to frequeut revision upward, and no one will venture to say that 

 the maximum has been reached. 



=•< COLUMBUS > 



Hardwood trade has ruled firm in every particuUr in Ohio territory 

 during the past fortnight. Buying on the part of factories is the best 

 feature, although considerable buying is being done by retailers. Prices 

 are higher and the tone of the market is generally satisfactory. Lumber- 

 men anticipate continued high quotations with a steady trade in all items 

 for the remainder of the summer. 



The following stock is in excellent 

 condition, ready for immediate shipment 



4/4 No. 3 Elm & Ash 24,000 



5/4 No. 3 Elm & Ash 35,000 



6/4 No. 3 Elm & Ash 74,000 



8/4 No. 3 Elm & Ash 3,000 



4/4 No. 1 & Btr. Birch 51,000 



4/4 No. 2 Birch 250,000 



4/4 No. 3 Birch 202,000 



5/4 No. 3 Birch 28,000 



4/4 No. 3 Basswood 25,000 



6/4 No. 3 Birch 8,000 



4/4 No. 3 Maple 1,000,000 



5/4 J^o. 3 Maple 387,000 



Ideal 



Hardwood 



Sawmill 



Are putting In pile every month 

 two and one-half million feet of 

 choloest Nerthern Michigan Hardwoedi 



Stack Lumber Company 



Masonville, Michigan 



VOU WArwT WIDE STCCK--Wf: HAVE tT 



Payson Smith Lumber Co 



MINNEAPOLIS, t\/IINN. 



8 cars I 1/2" No. 3 Com. & Bet. 



3 cars 2" No. 2 & Bet. 



SOFT ELM 

 1 car I 1/2" No. 2 & Bet. 



1 car I J/2" No. 3 Com. 



HARD MAPLE 



2 cars I" No. 2 & Bet. 



2 cars 1 " No. 3 Com. 



3 cars 2" No. 2 & Bet. 



Southern Stock 

 RED OAK 



2 cars 3/4 Com. & Bet. Plain 



I car 4/4 No. 2 & Bet. Plain 



WHITE OAK 



I car 2" No. 2 & Bet. Plain 



Payson Smith Lumber Co. 



MINNEAPOLIS, MINN. 



CHICAGO OFFICE 

 1665 Old Colony BIdg. J. C. Moffat, Rep. 



DETROIT OFFICE 



Henry Clay Hotel. P. M. Youngblood, Rep. 



FOR QUICK 

 SHIPMENT 



Northern Stock 



BIRCH 



3 cars.J" Com. & Bet. Red 



2 cars 1 " No. 2 Com. 



6 cars, 



lYz" No. I Com. & Bet. 



eCAUTIFUL 



HVE MEAN rut, OAK NOT TH( MAI 



PAYSON-SMtTH LBR.'CO. 



HiNNCAPOi.ia, Minn 



An Tkr** •t V» Win B* Banefited if You Mention HARDWOOD RECORD 



