44 



HARDWOOD RECORD 



May 10. i»i6. 



■Ix moDlba. Storks arc ooljr fair and thrro u^mn In l>r a «borla(e of 

 law cn>>lr iMiplar. common anil ix'tlrr anii, and quarhrrd while oak, bul 

 plain oak and r 'of |H>|>lar and rlivainut rrmnin at>oul the 



■amr. K'llh fair 



On - - ■ -" -' "'•• v'">-ir-(: '"md anil rrtall )>arda 



■rr r for liulUIInc In tliU 



Imnx' . \\ ; \ : : mrn arc golug alons 



•bout Ctie (am*, boplof (or better bui>lnr>i aooD. 



-< LOUISVILLE >= 



=■< BRISTOL >-= 



Trade roixllllonii In thin kiciImii .ir.- ri'iinrti^l to lie Improvlne slowljr. 

 Tbe proeeaa of Improrement ban l>ii-n very ti-dloiia, but the liimlHTmrn *ny 

 tbat oindlllona are gmdunlljr Improving. A larcer roliime of ntork la 

 movlne and therv la inorv ncllrlly In inniiiifnrliirlni;, due to n general 

 belief tbal there will b« pronounced Iniproverarnt In buiilneaa dtirInK the 

 next few r I that by the thiii' Itimlicr now brine cut cnn w pro- 



pared for t It will commnnd ii In'llrr price tbiin Ik now r^itnln- 



able. Tbi- > II. "I iMii (eeiu to lie conllUint thnt buKlnixs will Improve ma- 

 terlalli dtirin;: the remainder of tbe year and that 101^ will after all be a 

 fair buslDou year. 



Mutual Fire Insurance 



Bett Indemnity at Lowest Net Cott 

 Can B« Obtained From 



Boton, Maaa. 



Tha Lumber Mutual Fire Iniurance Company, 



The Lumbermen'a Mutual Insurance Company, 



Mansfield, Ohio. 



The Pennsylvania Lumbermen's Mutual Fire Insurance Company, 



Philadelphia, Pa. 



Tha Indiana Lumbermen'a Mutual Insurance Company, 



Indianapolis, Ind. 



The Central Manufacturers' Mutual Insurance Company. 



Van Wert, Ohio 



Long Time 

 Investments 



Timberlands are real estate, the most 

 tangible and enduring property there is 



So long as this world is inhabited there will 

 be a demand for the land. 



So long as civilization shall endure there will 

 be a call for products of the forest. 



In some sections lands are worth more for 

 agricultural use than is now asked for the timber 

 and the lands. 



Logs are a first and most profitable crop. 



Find out the price of the 

 lands you want. Write us 



James D. Lacey (^ Co. 



Timber Land Factors 



CTHCVGO. ILL.. 17;0 McCorinlek Building. 

 PORTLAND. ORE.. 1313 Northvifsttrn Bank Buildinr. 

 SEATTLE, WASH., 10C9 White Buildin». 



Iluslneaa Is better. Tlila In n l>rl- r Kint<in<iit of tbe ■Ituallon, but It 

 Is •Itnldranl ennuiib to mean a (ixmI ibnl In Itiiwe who have hi-en i;ulng 

 tbruucli tbe lean tlmeH which liaxi" prevnlleil. Of rnuriie. notlitnic even 

 remntely rem-mbllni: n hooni has ili-ii-lnped. but himbi'rint'n are i:<-ltlnB 

 some fairly renpeetnlile orders u<'w . nml liualoen la belnii placed for 

 delivery In thirty, Klkly and olneli iln.va hence, showlnii Hint eonaumera 

 arr etpecllne the world to last at b-nat that much lnnKer. This Is lo 

 sufflclent contrast with the slnBlernr ordera. which have been placarded 

 for rush delivery, and followed through by telegraph, to Indli-nie a 

 much more comfortable altuatloo. The Increase In tbe demand baa 

 Klrenulbi-mil (hi iniirket roiihl<lerabt> . Nut no mitrked Ifiir'ni^eii In price 

 bnvr been obaerved, at least on Ktnple llema. II will take a steady 

 consumption of several months, on ilie present haala of production, to 

 get the supply down to a point Ihni will Justify rndlral advances. Co 

 the other Imnd, the scarcity of thick lumber of various kinds. Including 

 oak, aHh and walnut, has been affertlng prices favoralily for some time, 

 and though ninnufnrturers have been cutting much slork of this sort 

 lately, little of It Is ready for the market, and hence II Is having slight 

 effect on volups. Plain oak Is selling belter than heretofore, and quar- 

 tered oak Is also likely to be Improved by the niahngnny slluntlon. 

 The scarcity of mahogany logs Is sure to show In the price of lumber 

 Kliorllv. thoiiuh up to llie iiremnt the demand hiis not been great enouub 

 to enable nilvunceH to be made. 



=•< ST. LOUIS >■-- 



nardwood condltioDB bnvc shown comparatively little change for tbi^ 

 better during the pnst couple of weeks. While trade Is slightly more 

 active. It has not Bhown the Improvement nntlclpnted. This In spite of 

 pleasant weather. There Is a fiilr call for plain white oak and red oak Is 

 also In fairly good request, much better thnn It has been. The demand 

 for choice Cottonwood Is Improving ond the same condition exists as 

 to bone dry ash and wide poplar boards. Car oak Is being ordered more 

 freely. More orders hnvc come In for this Item thnn for olnioHt any 

 other, which Is a good Indication as to future business on this Item. 

 Cypress of the higher grades Is having a better call than for some time, 

 and while prices arc Improving they are not what they should be. Cypress 

 conditions. In general, are better, however. Local distributors are sup- 

 plied with pretty well assorted stocks and arc prepared to take care of 

 all urgent requests from tbe trade. 



=-< MILWAUKEE >•= 



One of the brightest features In the Milwaukee situation Is the con- 

 tinued activity In the building field, a fact which Is bound to result In a 

 satisfactory lumber business. Trade has been showing steady Improve- 

 ment during the past few weeks, but everybody seems to look for a 

 decided Increase In business during the month of M:iy. Itullding activities 

 will be farther advanced during tbe next two weeks and tbe demand for 

 hardwood and general Interior finish ought to be much stronger. Some 

 wholesalers say that trade at the present time Is better than a year ago. 

 although Ibe consensus of opinion seems to be tbat It la at about tbe 

 same level. 



Figures prepared by \V. D. Harper. Milwaukee building Inspector, show 

 that while the actual building Investment during the month of April 

 showed a slight fulling olT, the number of permits Issued showed a good 

 increase, a fact which Indlcotes more widespread activity. KurIng tho 

 month Just closed 000 permits were granted for structures to coit fl.lT't,- 

 093, as compared with .""i:!" permits and a building Investment of 1 1. .1-1:1, •"102 

 during the corresponding period In 1914. Inspector Harper says that 

 the amount of building planned and already launched gives promise that 

 the building record of 1910 will exceed tbat of a year ago aod equal tbe 

 banner year of lUl.f. 



While there Is still a disposition on the part of the factory trade to 

 buy only enough stock to meet present requirements, the Increased activity 

 In tbe building field and tbe Improved demand from some other sources 

 have made It necessary for the factory consuming trade to buy a little 

 more freely. Stocks on hand at the sash and door and general Interior 

 finishing plants arc light and a brisk trade from this source Is looked 

 for within tbe next few weeks. Meanwhile, wholesalers are not Inclined 

 to make any concessions In price ot this time and values are being well 

 tnolntnlned In most lines. Of course there ore isolated Instances of price 

 cutting, a result of the efforts to secure orders, but tbia situation Is not 

 general by any means. 



The box factories seem to he meeting with a fair business and some 

 good orders for hardivood arc being placed. This has resulted in a little 

 more activity In low graile stocks. Some of tbe furniture manufacturing 

 concerns arc complaining that business Is not qnlte so good as It might 

 be, but orders for hardwood from this source are coming In fairly well. 



New hardwood stocks from northern Wisconsin are not expected to 

 arrive In the Milwaukee market before the latter part of May. when hass- 

 wond usually makes Its n|ipesrancc. Illrch does not arrive until a little 

 Inter In the season. Some wholesalers expect that a shortitge will be 

 experienced In some lines of available dry stocks before new stocks are 

 la proper condition to use. 



