42 



HARDWOOD RECORD 



itus 



FARRIS HARDWOOD LUMBER CO. 



Manwfactnrars Baad-uwn 



SOUTHERN HARDWOODS 



NASHVILLE. TENN. 



=■< LOUISVILLE >.= 



DUCAN LUMBER CO. 



a^ld-shlpp" ;r Hardwood Lumber 



MEMPHIS TENNESSEE 



Mutual Fire Insurance 



Be*t Indemnity at Lowett Net Cost 

 Can Be Obtained From 



Boston, Mas*. 



The Lumber Mutual Fire Insurance Company, 



Th* Lumbermen's Mutual Insurance Company, 



Mansfield, Ohio. 



The Pennsylvania Lumbermen's Mutual Fire Insurance Company, 



Philadelphia, Pa. 



Tha Indiana Lumbermen's Mutual Insurance Company, 



Indianapolis, Ind. 



The Central Manufacturers' Mutual Insurance Company, 



Van Wert, Ohio 



"The only time I ever lost money 

 on a timber investment was when 

 I did not make the investment," 

 said a lumberman who owned bil - 

 lions of feet of choice stumpage. 



An excellent way for you to lose money is 

 not to buy timber NOW. 



A few choice tracts of timber of excellent 

 quality, blocked up by men who expected to 

 cut it themselves, are on the market. 



There are not many of them, but the offer- 

 igs are sufficiently a 

 tisration worth while. 



ings are sufficiently attractive to make inves- 



Wriie us about ijour needs 



James D. Lacey ^ Co 



Timber Land Fmctori 



CHICAGO. TIT,., 1750 McCormick Bnildin». 

 POBILAKD, QBE,, 1313 Northwestern Bank Buildins. 

 SEATTLE, WASH., 1009 Whit* Building. 



It 1h too curly >'i>t tu Kct u tliii- on dcvelupiiirntif ut tho furniture 

 ^lll>ws, but tlic inuuufucturprh nf furniture arc nil optimistic rcKiirdlng 

 liroHpccts. 'riila Ih particularly Irui' uf the innkcrH of hlRh Kriiilc goods, 

 whoKc tuiNlncKN dnrhiK the piiNt h\\ inoiitliH has not Ikccu up to titiindsrd. 

 They fi-el that cundlllonM ure more fnvorahle to the sale of that class 

 of furniture uow, and couHeguenlly nre looking for k'mmI UooklnKx nt the 

 HhowH. If their predlctlonH are niuterlullzed. It will mean hrlHk trade 

 for the hardwood lumber and veneer Interests. 



.\n inireaKcd volume of hardwood lumlwr Is beloK sold In this market, 

 and the views of meniherH of the trade who are moKt rl.jsely In touch 

 with conditions are that buxlncHH U KhowluR some Improvement. Ix)W 

 prices nrc still In evidence on n srent many llinis, hut this Is having 

 11 KoofI elTert Indirectly In that it Is dlscoura^InK production ami consc- 

 i|uently putting stocks In such a condition that higher quotations arc 

 almost certain to be developed a little later on. Mill slocks nre far 

 from complete, and anything out of the staple line is rather difficult to 

 get. Prices on these Items arc consequently better than the average. Of 

 course, on lumber which Is In large supply, and of which nearly every 

 concern has a stock, the tendency has been to depress prices through the 

 efforts of competitors to convert their holdings Into cash. The export 

 situation is proving encouraging as it is apparent that with the rates 

 within reaching distance tiiere would be an Imnjrnpe movement of 

 lumber. Even with the cost of ocean transportation four times normal, 

 tiiere has been an increased tralllc, and if it fell to double the usual rate, 

 a great amount of stock would I"' riiuved. 



=-< ST. LOUIS >- 



While the demand for hardwood is not quite as satisfactory as the local 

 distributors would like to see it, it is fairly good and nearly all the Items 

 on the list are being called for. The Items most in demand are plain and 

 quartered oak. Thick ash is also in fair request. Other items inquired 

 for rather freely arc red and sap gum. From the number of inquiries 

 coming In, It is believed that there will be more activity shown In the near 

 future and that there will be a satisfactory demand for all items. Prices 

 are stationary and quite firm. Better prices are looked for in the neor 

 future when the demand Increases. Cypress shows little change. The 

 demand is fair with mixed car orders prevailing. Country yards are 

 coming in with orders and coming In better than they did. Factories are 

 also beginning to buy. The building situation has not come up to what 

 was anticipated. Tho replaclnc of stocks has commenced. 



=■< MILWAUKEE ^ 



.\lthough the bulldiog record In Milwaukee thus far this season has 

 not reached the mark attained last year, there has been much more 

 activity than was anticipated, in view of the depression in some lines 

 of business. Figures just announced by W. D. Harper, building inspector, 

 show that the total building Investment during the first six months of 

 the present year amounted to $4,472,72.3 as compared with $5,027,088 

 during the same period a year ago. During the month of June there were 

 405 permits issued for structures to cost ?8.38,841 as against 437 permits 

 and an investment of $887,889 during .Tune, 1914. During the week 

 just closed the building Investment totaled $209,557 as against $217,9.38 

 a year ago. Work on many large building projects has been held up 

 temporarily, pending an improvement in general business conditions, 

 and there seems to be a general feeling in the trade that this work 

 will be consummated before the present season closes. Lumbermen and 

 general building supply interests are awaiting the awarding of con- 

 tracts on the new $250,000 assembling plant which the Ford Motor Car 

 Company is preparing to erect in Milwaukee at Kenllworth place and Pros- 

 pect avenue. The structure will he 160x320 feet in dimensions. Albert 

 Kabn and Ernest Wllhy, associated architects of Detroit, Mich., have 

 charge of the plans. 



The hardwood business In Milwaukee seems to be holding Its own a 

 little better than Is usually the case at this time of the year, despite 

 the slight falling off In the building Investment here. The mid-summer 

 slump is usually making Itself felt by July, but there has been a slight 

 gain in trade up to this time. This seems to be dne In part to the fact 

 that stocks were at a decidedly low stage at all the sash and door and 

 general interior finishing plants at the opening of the present season, 

 making it necessary that fairly good orders he placed, even to meet the 

 present wants of these concerns. Most of these buyers are still taking 

 ouly enough to satisfy their immediate wants, but tlic total trade from 

 this source is fairly satisfactory. Hardwoods for general interior finish 

 are in leading demand. Hardwood flooring is In brisk request and a 

 shortage In maple flooring In some lines is reported. It Is not expected 

 that a shortage in other lines will be experienced, as considerable new 

 stock, especially 'basswood and some birch, Is now arriving. 



Dealers about the state are showing some Interest iu the market and 

 are placing some fair sized orders. There seems to be considerable build- 

 ing under way in the smaller cities and towns and in the country dis- 

 tricts about Wisconsin, while stocks In the bands of most retailers are 

 not especially large. 



Wholesalers are hopeful that the season's business taken as a whole 

 will average up fairly well with that received a year ago. Prices are 

 expected to be well maintained during the next few months. 



