May 25, lOir, 



HARDWOOD RECORD 



39 



financial positions are guaranteed by sumptuous salaries paiil by the man 

 who is out of eemployment. 



Outside interests are not makins any special effort to sell locally in 

 view of the restricted market here, and this is a more or less compensating 

 feature from the viewpoint of most of the members of the local trade. 



The consuming factories are taking lumber in about the same proportion 

 they have been buying for some time past, although there continue to be 

 reports of larger sales for future delivery. These, however, are not in 

 any way general. On the whole the condition of the local market can 

 he said to be practically unchanged during the last couple of weeks. 



=-< NEW YORK >-= 



Local conditions liavo improved quite a int in the last two w'eeks with 

 the retail trade showiug much greater activity. The building trade is 

 doing more now and consequently hardwoods for trim and flooring are 

 in better demand. The country business is coming along nicely and 

 as most of the building there is of a higher class generally hardwood 

 flooring is in good call. The wholesale market is fair but no advance 

 iu price is reported though some dealers who have been holding for steady 

 values feel that they are about to be rewarded for their patience. The 

 fancy woods are strong and scarce, mahogany and Spanisli cedar being 

 the leaders. The demand in roft woods has picked up very well and this 

 is taken as a good sign for those in the hardwood trade. 



=-< BUFFALO y- 



A slightly less demand for hardwood.s than last month is the report 

 received from a number of yards, while all around the statement is 

 made that business is below what it ought to be at this time. Buyers 

 seem to be no more Interested than .some weeks ago, although in some 

 lines, including the building trade, there is a noticeably greater amount 

 of activity. Manufacturing continues to be depressed, however. Lack 

 of export business damages the situation to a large extent. 



A good deal of price cutting is still being reported, though the com- 

 petition is perhaps no greater than some weeks ago. .Stocks of all 

 kinds have been moving so slowly that there is a temptation to reduce 

 them by a cut here and there. Most of the yards are maintaining prices 

 at a steady figure, and others who do cut would perhaps be able to get 

 a higher price at times if a persistent effort were made to do so. 



Plain oak, maple, chestnut and cypress have been the woods most in 

 demand recently. Common chestnut is slow. Poplar Is quiet in all 

 grades. The low grades of most hardwoods are now moving less actively 

 than some weeks ago. The better grades of oak, as well as of maple, 

 are reported to be stiffening a little at the mills. 



•< PHILADELPHIA >• 



Almost every hardwiod man in the city — manufacturer, wholesaler and 

 retailer — reports that business is coming around nicely. Railroads, ship- 

 yards and industrial establishments are buying more lumber than for many 

 months. Buildiug records for the month of May will be smaslied if the 

 pace of the first nineteen days of the month is kept up until the end, 

 according to oflicials of the bureau of building inspection. Confidence 

 seems to have baen regained in all lines of business, capital is being 

 loosened, and business is expanding. The hardwoods have held steadily 

 in prices, the difference reported being in greater increased volume of 

 business. Consumers of hardwoods realize now' that the season is past 

 for picking up "bargains" and It looks as though there may be a shortage 

 on certain items. Collections are reported as beiug rather slow, although 

 Philadelphia lumbermen are accustomed to this state of alTairs. 



:< PITTSBURGH >-. 



JIardwooU mea fool tliat prices are a little firmer tbau a month ago. 

 Demand also is a little more active. However, it is still necessary 

 to do a lot of coaxing and driving in order to get prospective customers 

 into a buying mood. Tbeir orders also are small and irregular. Evi- 

 dently they are buying for current needs only. The tendency all along 

 the line is toward very conservative investments in lumber and concerns 

 which are under contract to take large amounts every month are just 

 beginning to take over these shipments without kicking. The price situa- 

 tion might be considerably improved and a very little increase in demand 

 would produce this condition inasmuch as stocks at all the hardwood 

 mills are only barely fair. Most of the mills in the Pittsburgh district 

 are producing about the average amount of hardwood at present. 



-< BOSTON >-= 



The demand for hardwoods in this section is still very light although 

 from all reports, current buying for actual needs is fairly active. Specu- 

 lative stocking up or taking iu large amounts for prospective trade have 

 entirely ceased ; this course on the part of buyers has been both the 

 cause and effect of lower values and much restricted trade. There are, 

 however, but few concrete evidences of serious results to the hardwood 

 business of this section up to the present time. While it is quite probable 

 that the reserves of many concerns both among the dealers and their 

 patrons are necessary to carry them over the present period, it seems 

 to be one of the sources of confidence that such commercial strength is 

 available in all branches and the causes of the situation are so well 



I I 



Kentucky Oak 



results in 



Satisfied Artisans 



meaning 



Money Saved 



ITS growing conditions ENFORCE an unvarying 

 uniformity of color and grain. Its texture has a 

 silky softness that delights and contents your workers. 



TS beautiful, clean boles make possible unusual 

 widths and lengths in whicli we specialize. 



The ft)llo\ving values, 

 All Kentucky Stock Should Attract You 



m o.vK. 



~ 5 cars 5/'4 No. 1 Com. Plain 



M Red 



3 2 cars 5/4 No. 1 Com. & Better 



3 Plain Red 



M 10 cars 5/4 No. 3 Common 



= 15 cars 4/4 No. 3 Common 



= 2 cars 4/4 1st & 2nds Plain 



g Red 



^ 50 cars 4/4 No. 1 Common 



3 30 cars 4/4 No. 2 Common 



3 1 car 4/4 Quartered White 



= 2 cars 4 '4 1st & 2nds Plain 



= White 



CHESTNIT. 



10 cars 4/4 1st & 2nds 

 10 cars 4/4 No. rCqm. 



H cars 4/4 No. 3 Com. 

 10 cars 4/4 Sound Wormy 



1 car 5/4 Sound W'ormy 



1 car 8/4 No. 1 Com. & Better 



POPLAR. 



2 cars 4/4 1st & 2nds 



1 car 4/4 Clear Saps 



2 cars 4/4 No. 1 Com. 



ASH. 

 1 car 4/4 Log Run 

 1 car 6/4 & 8/4 Log Run 



I E. R. SPOTSWOOD AND SON I 



I ^[AXUFACTURERS 1 



I LEXINGTON, KENTUCKY | 



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J. K. WILLIAMS 



A. T. WILUAMS 



Williams Lumber Co. 



(MANUFACTURERS) 



WHOLESALE 

 HARDWOOD 



LUMBER 



Band Mill Planing Mill Dry Kiln 



Fayetteville, Tenn. 



We manufacture PLAIN and QUAR- 

 TERED OAK, ASH, CHESTNUT and 

 other HARDWOODS 



Our Specialty is Quartered White Oak 



We Manufacture Dimension 

 Stock —Hickory a Specialty 



