July 



HARDWOOD RECORD 



45 



more extended scale than usual and in view of the transportation 

 shortage which is certain to become more intense in the fall, the trade 

 outlook points to an indefinite period of the current system of simply 

 doing a casual or opportunity business. 



=-< BALTIMORE >•- 



While the hardwood men, like other members of the lumber trade, are 

 having their difficulties with distribution and find it very hard to get cars, 

 especially now when the large government requirements receive first con- 

 sideration, the quotations continue to climb, and it appears to be largely 

 a question of ability to make shipment. Any seller who is in a position 

 to promise delivery can get almost any price within reason for stocks 

 that are actually wanted, and the interference with the movement has 

 been so great that nearly every user is out of hardwoods, so that it is 

 easy enough to find takers. Some almost fantastic prices are talked of in 

 the trade, and those dealers and manufacturers who manage to keep their 

 stocks moving in fairly good volume will be able to show larger earnings 

 than perhaps ever before in their history. But it is also realized that this 

 business rests upon a very uncertain foundation. No one is able to promise 

 that the trade will still be good two or three months hence. The effect 

 of conditions growing out of the war cannot be forecast even by the most 

 experienced members of the trade. Those with the widest view profess 

 themselves unable to make any satisfying forecast of what may happen 

 in the near future. It is simply a case of going ahead from day to day 

 and taking advantage of opportunities while they present themselves. 

 The railroad car situation and other problems connected with the trans- 

 portation problem are said to be no nearer a solution than at any previous 

 time, and vexatious delays are being c^iperienced all along. Labor is 

 scarce and rates of wages are sufficiently high to make it certain that lum- 

 ber prices will not recede for the present. The high grade stocks appear 

 to be somewhat slow just now, but the lower grades are in very active re- 

 quest, and the figures on many of them, especially maple, are being marked 

 up at intervals, so that intending buyers will do well not to hesitate when 

 thej' receive quotations. While there are no exports except such as the 

 unavoidable necessities of the foreign governments render imperative, the 

 slack on this account appears to be taken up by the domestic demand, 

 which absorbs the output of mills, so that stocks everywhere, far from 

 accumulating, have undergone reductions. The dealers are on the look- 

 out for s\ipplies and are getting them in as fast as circumstances will per- 

 mit. At that the withdrawals from yards seem to run ahead of the re- 

 ceipts, so that stocks have diminished. One of the recent developments 

 in the hardwood trade was the receipt of some carloads of mahogany at a 

 local yard, and the latter was very glad to get them. Meanwhile the piles 

 of poplar, cypress and other woods are going down. 



=■< COLUMBUS >= 



The hardwood trade in Ohio territory continues strong in every re- 

 spect. Buying on the part of factories^is active and the same is true of 

 retail buying. The best feature at this time is the factory demand, es- 

 pecially from box and implement concerns. Furniture factories are also 

 buying a little better than formerly and the tone of the market is gener- 

 ally good and prospects are considered bright. 



Retail stocks are fairly good and dealers are following the policy of 

 buying only what is needed for the immediate future. Because of a bet- 

 ter .car suppl.v and less congestion on the railroads, shipments are coming 

 out better. Dry stocks in the hands of mill owners are not as large as 

 formerly as the movement from the mills is brisker. Certain items are 

 rather scarce but this only means in some of the lower grades. 



Considerable buying for the factory demand is reported in the factory 

 sections of the country. Some of the manufacturing plants are laying in 

 a surplus to guard against an emergency. Others are only buying what is 

 necessary to keep their plants going. Government requirements are grad- 

 ually increasing on every hand. Collections are fairly good as money is 

 generally easy. 



Quartered oak is strong and prices at the Ohio river are: Firsts ami 

 seconds, .f8S ; No. 1 common^ $58. There is a good demand for plain oak 

 stocks at former levels. In fact prices are strong all along the list and 

 every advance is towards higher levels. Chestnut is one of the strong 

 points in the trade. Poplar is strong, especially the lower grades. Ash 

 and basswood are moving well. Other hardwoods continue firm. 



-< CLEVELAND >■= 



There is a constant demand for hardwoods in the Cleveland market and 

 prices are firm. Manufacturing requirements are strongest at the present 

 time, although the strength of the building market for hardwoods may be 

 indicated by the continued demand for oak and maple flooring. Hard- 

 woods have the advantage over other lumber in the building line in that 

 they are used largely in otherwise masonry buildings for floors, sash, 

 doors, and trim. This is especially true of apartment construction which 

 is always active in Cleveland. 



Oak and ash are not only leaders in the building demands but are much 

 wanted for manufacturing purposes, including motor truck bodies and for 

 wooden shipbuilding. Ash is also much in demand for manufacturing 

 purposes. 



Cheaper grades for shocks and cooperage arc baling a steady, normal 



The following stock is in excellent 

 condition, ready for immediate shipment 



.1 4 Nn. 

 4 4 No. 

 5/4 No. 

 5/4 No. 

 3/4 No. 

 4/4 No. 

 4/4 No. 

 4/4 No. 

 4/4 No. 

 8/4 No. 

 8;4 No. 

 4/4 No. 

 G/4 No. 

 8/4 No. 

 10/4 No. 

 4/4 No. 

 5/4 No. 

 8/4 No. 

 4/4 No. 

 4/4 No. 

 6/4 No. 

 4/4 No. 



2 ponimon 

 2 Common 



2 Common 



3 Common 

 1 Common 



1 Common 



2 Common 



2 Common 



3 Common 



2 Common 



3 Common 



1 Common 



2 Ci-immon 

 2 Common 



2 Common 



3 Common 

 3 Common 

 3 Common 



2 Common 



3 Common 

 2 Common 

 2 Common 



& Better ASH 15. 000- 



& Better BASSWOOD 25,000' 



& Better BEECH 150.000' 



BEECH 340.000' 



& Better BIRCH .55.00(1' 



& Better BIKCH 58.000' 



& Better BIRCH 28.000' 



BIRCH 120.000' 



BIRCH 12.IHI"' 



& Better BIRCH 16.000' 



BIRCH 10.000' 



& Better HARD MAPLE 50.000' 



& Better HARD M-^PLE. 

 & Better HARD JIAI'LE,. 

 & Better HARD SIAPLE. , 



HARD MAPLE 



HARD MAPLE.. 



HARD 1L4PLE. . 



& BeUer SOFT ELM . 



SOFT ELM. . 



& Better SOFT ELM... 



& Buttrr SlIFT HAPI.K 



25,000' 



IDEAL 



HARDWOOD 



SAWMILL 



Are nutting iti pile every tnonth two and one-half 

 million feet of choicest Northern Michigan Hardwoods 



Stack Lumber Company 



MasonvUle, Michigan 



YOU WANT WIDE STOCK-WE HAVE IT 



Payson Smith Lumber Co 



MINNEAPOLIS, MINN. 



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



3 cars 2" No. 2 & BeL 



SOFT ELM 



I car 11/2" No. 2 & Bet. 



1 car 1 Vz" No- 3 Com. 



HARD MAPLE 



2 cars 1" No. 2 & Bet. 



2 cars I " No. 3 Com. 



3 cars 2" No. 2 & Bet. 



Southern Stock 

 RED OAK 



3/4 Com. & Bet. Plain 



4/4 No. 2 & BeL Plain 



WHITE OAK 

 1 car 2" No. 2 & Bet. Plain 



FOR QUICK 

 SHIPMENT 



Northern Stock 

 BIRCH 



3 cars.. I" Com. & Bet. Red 



2 cars 1" No. 2 Com. 



6 cars, 



l!/2" No. 1 Com. & Bet. 



2 cars . 

 1 car. 



Payson Smith Lumber Co. 



MINNEAPOLIS, MINN. 



CHICAGO OFFICE 

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



DETROIT OFFICE 



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



BCAUTirUL 

 WC MCAN THC OAK HOT TNK MUM, 

 PAreON'SIMITH LBR.'CO. 

 MtNNCAAOU*. MINN. 1 



AU Three of Ui Will Be Bene&ted if You Mention HARDWOOD RECORD 



