46 



HARDWOOD RECORD 



September 25, 1917 



Swain-Roach Lbr. Co. 



SEYMOUR, IND. 

 — We Manufacture 



Elm Ash 



Maple Walnut 



Gum Cherry 



Sycamore Chestnut, Etc. 



White Oak 

 Red Oak 

 Poplar 

 Hickory 



We have for sa}r 1 car S" FAS Poplar; 1 car li/k" Clear f<ap 

 Poplar, 5-16" wide; Vi car J,/J, Panel Poplar, IS" d up wide; 

 1 car %" No. 1 Common Ash; 2 cars k/k FAS Sap Gum; 1 car 

 5-1, FAS Plain Red Oak; 1 car l,/l,No. 1 Common d Better Red 

 Oak. 



At Two Band Mills 



STRAIGHT or MIXED CARLOADS 



PROMPT SHIPMENT 



BUSS-COOK OAK CO. 



BLISSVILLE, ARKANSAS 



MANUFACTURERS 



Oak Mouldings, Casing, Base and Interior 

 Trim. Also Dixie Brand Oak Flooring. 



As Well As 



OAK, ASH and GUM LUMBER 



Can furnish anything in Oak, air dried 

 or kiln dried, rough or dressed 



MIXED ORDERS OUR SPECIALTY 



The Biggest Fortunes 



in the luiiibcr bitsiiicss have -come 

 through timber oivnership. 



For 37 years zve have kept careful, sci- 

 entific zvatcli on timber values and have helped 

 to make fortunes for many imrstors. On the 

 basis of this e.vpcrience ive sax — 



Buy Timber Now 



We are unquestionably at or near the 

 end of a period of depression in values. If 

 yon buy now and buy right you zvill make 

 money. Buy through us and xve shall see that 

 you buy right. 



/NTOfiNAr/ONAL T/MB^SLANDa 



IN 



FACTORS 



© a O- 



CHIOAOO 

 1150 McOormlck Bldg. 



SEA TTLE 

 626 Henry BMg. 



NEW YORK r 

 SO East J,Zd St.'i 



Prices are firm. No cutting is reported and every change has been 

 toward higher levels. Embargoes have interfered with shipments to a 

 marked degree. On the whole, however, shipments are coming out fairly 

 well and little complaint is heard on that score. Collections are usually 

 good. Money is plentiful. 



There is a good demand for plain and quartered oak and prices are 

 strong. Chestnut is one of the strongest points in the market. Poplar 

 is moving well and the lower grades are especially strong. Ash and 

 basswood are strong. Other hardwoods are unchanged. 



=•< CLEVELAND >■ 



Requirements have been sufficient during the past fortnight to keep 

 the demand for hardwood steady, at high prices. Building has fallen 

 off somewhat, due to the tightening up of the money market. It seems 

 that the banks have about loaned up to the limit of the legal reserve 

 set apart for construction loans. Some are in a quandary as to how 

 this can be with the relatively small amount of building which has been 

 going on here. It is largely explained by the fact that with the entrance 

 of the United States into war and the release of many large domestic 

 war orders In the Cleveland district, the demand for factory facilities be- 

 came urgent and this has been the most active form of construction 

 during the past five months. The discrepancy is further explained by 

 the probability that much of the new war business has been financed 

 by construction loans in the shape of mortgages on present real estate. 

 This method of financing large government orders was used in Cleveland 

 two years ago at the time of the large European war orders. 



Oak and elm for auto truck bodies and wagons probably lead the market 

 on tile manufacturing end while in building lines oak and maple flooring 

 and finishing continue to be in greatest demand. 



=-< INDIANAPOLIS > 



An improved hardwood demand for central Indiana i.s anticipated by the 

 first of the month. Consuming plants, especially the furniture Industries, 

 have not been buying heavily for some time, but it is expected they will 

 be forced into the market in the near future with the result that the indus- 

 tries will again begin buying heavily. 



Considerable hardwood is being used in war orders, and this demand has 

 been holding up the market. Hardwoods of the lower grades, used In box 

 making, have been in strong demand. The building trades are not creating 

 a heavy demand as building operations are at a standstill. There was 

 considerable activity in building circles early in the month, but late reports 

 indicate that few permits are l)eing Issued and that there is very little 

 estimating under way. The trade has no reason at tliis time to predict a 

 heavy demand for building purposes during the remainder of this year. 

 As a result the sash and door trade is Inactive. 



Gum seems to be in the heaviest demand. Furniture manufacturers 

 expect gum to lead in their output for the fall trade. Oaks are second In 

 demand, while the call for walnut continues good hut not so heavy as It 

 was at this time last year. Prices remain firm and steady. 



Car shortage conditions are causing the hardwood trade very little 

 trouldc as yet, but many hardwood lumliermen arc predicting that the next 

 month will develop serious car sliortage conditions. The wheat crop in this 

 territory is moving very slowly and when the grain begins to move to the 

 large shipping terminals it is expected that cars will be very scarce. 



--< EVANSVILLE >= 



Ilardwnoii lumber manufaotiirers In Evansville ami other points in 

 southwestern Indiana report trade fairly active but the log shortage 

 serious. Few logs have come in for several weeks and prices are high. 

 The labor shortage problem is causing lumbermen much worry. There 

 never before was a time when it was so hard to secure workmen. The 

 up-town Siiwmllls in this section are being operated on steady time. The 

 river mills are not running steadily. Manufacturers are shipping out 

 a great deal of lumber and prices are tending to advance. The demand 

 for the higher grades remains strong. Wagon and truck manufacturers 

 who have large contracts from the federal governnn'nt are in the market 

 for lumber ;ind this keeps the demand for certain grades firm. Quartered 

 white oak. (■lin, maple, poplar, hickory, ash and gum are in demand. 

 Quartered sycamore has also been moving well. *'u]Iections are good, 

 Kurniture factories are still being operated on full time and using a 

 great deal of gum. Practically all the wood consuming plants in Evansville 

 are being np. -rated right up to the handle. Ix>cal planing mill owners 

 and yellow pine dealers report local trade a little olT but the out-of-town 

 trade has tteen good all season. Building operations here are not so 

 active as last year. 



--<, MEMPHIS >• 



The hardwood market is relatively quiet and the volume of business 

 somewhat 'lisjippointing. The view obtains, however, that the lull in 

 buying is s^nsnnable and that it will not long continue. The opinion 

 prevails th:it there Is going to be good business this fall and winter. 

 Members oi tl^e Hardwood Manufacturers' Association, Ideutitied with 

 tlie open coiiipetitlon plan of that organization, during the meeting here 

 last Saturditv. admitted that there had been quite a slowing down In 

 demand buf liiy appeared contidi'iil there would be lienmnd enough f roffi ' 



AU Three of Us Will B« Beneftted if You Mention HARDWOOD RECORD 



