July 25, 1015. 



HARDWOOD RECORD 



45 



wood steadily for shipping lumber and also lor repairs and extensions. 

 Automobile concerns are taking large stocks of bardwood at good prices. 

 There is a fair demand from the yards, but this is of the hand-to-mouth 

 sort. In general, prices of hard\vood are holding up much better than 

 those of other stocks. Lumber mills in the tri-state territory have nu 

 pai'ticular excess of hardwood on hand and many of them are shut 

 down for the harvest season. 



=-< BOSTON y- 



Dovclupmonts alToctiny,- the hnnlwood trade al tliis season are naturally 

 unimportant except sucu as pertain to the war contracts. The general 

 situation, however, while quiet, shows many favorable features, such as 

 the standing of New England in the building permit reports by Brad- 

 street's, the absence of failures and the large number of new manufac- 

 turing and construction organizations. 



=< BALTIMORE y 



In a way the recent developments in the hardwood trade hardij' 

 measure up to expectations. Mill men and dealers had expected before 

 now that a fairly brisk movement would have manifested itself. Instead, 

 more or less hesitancy continues to prevail, and the sellers are con- 

 stantly facing a situation wliere nothing appears to be ahead of them. 

 Of course, it is also to be said that by the time the last order in band 

 is filled others have come in, so that in the end the aggregate of busi- 

 ness does not fall behind the record for other years and in some cases, 

 may even run ahead. This is the surprising part of the business and 

 keeps the members of the trade guessing, though the first of the current 

 month brought something of an improvement in this respect, greater 

 freedom in the placing of orders being shown. Salesmen generally report 

 that after .July 1 they began to get more business, buyers who had held 

 off manifesting a disposition to increase their holdings or make pro- 

 vision for the future, where they had formerly delayed purchases owing 

 to the uncertainty of the outlook and the indefiniteness of their require- 

 ments. The domestic situation has been materially aided by foreign 

 developments. Requirements of countries at war and whose markets 

 are accessible to the dealers of the United States, have shown a decided 

 expansion, and the forwardings have increased until the general volume 

 of business attains proportions which might be regarded as nearly 

 normal. Of course, these shipments reflect the extraordinary needs that 

 have appeared and that quite logicallv grow out of the deferment of 

 purchases for months or the inability to satisfy wants which for a time 

 prevailed. If the foreign movement has become larger, it is not because 

 tonnage has been added to, but for the reason that the great rush of 

 grain to Europe has in a measure abated, giving other freights a chance. 

 The first requisite, of course, was to ward off famine and provide the 

 peoples abroad with food. Now that this need has been met, other com- 

 modities are receiving attention, lumber along with the rest, the check 

 upon the movement having reduced holdings to very small proportions. 

 For the present there is no danger that the forwardings will attain a 

 volume that would result in congestion. Shipments are still restricted 

 to actual necessities, and the real re-stocking must wait until such a 

 time when normal conditions are restored, which means figures adjusted 

 to peace conditions and to an unhampered movement. Chestnut is being 

 called for quite frequently, and other woods, among them poplar, are 

 also receiving a measure of attention which they did not get before. 

 Altogether, the hardwood business is in rather better shape, with still 

 further improvement in prospect. 



=-< COLUMBUS >-- 



The hardwood trade in Columbus and central Ohio territory has been 

 fairly active during the past fortnight. While business conditions are 

 far from the best, still considerable strength has developed in certain 

 directions and the tone of the market shows improvement. Lumbermen 

 generally believe that the future will show up more business than 

 formerly. 



Buying on the part of retailers is the best feature of the business 

 by far. Dealers' stocks are not large and there is no disposition to 

 accumulate supplies at this time. Yardmen are still following the 

 policy of buying only as needed. As a result orders are generally small 

 hut frequently call for immediate shipment. Some buying is being 

 done by factories, especially those making vehicles and furniture. 



Prices are fairly steady at the levels which have prevailed for some 

 time. Reports show that there is less cutting to move stocks than 

 formerly. Jobbers and mill owners witii stocks are waiting to get their 

 price. Shipments are coming out promptly all along the line and there 

 is no trouble over lack of cars. Orders are well distributed over the 

 territory and are for all grades. 



Collections are still bad and that is one of the worst features of the 

 trade and is one of the reasons why retailers are buying In limited 

 quantities. They are loath to invest money in stocks when collections 

 are slow. 



Oak is fairly active and prices are well maintained. There is a good 

 demand for all grades of poplar and more steadiness in prices is 

 shown. Chestnut Is one of the strongest points in the trade. Bass- 

 wood is in fair demand and prices are unchanged. Ash Is a little slow. 

 Other hardwoods are unchanged. 



FARRIS HARDWOOD LUMBER CO. 



Manufacturer* Band-iawn 



SOUTHERN HARDWOODS 



NASHVILLE, TENN. 



(Leading Manufacturers) 



DUGAN LUMBER CO. 



a"!.d"shrp;"erV^ Harilwood Lumber 



MEMPHIS TENNESSEE 



Baker-Matthews Manufacturing Go. 



Sikeston, Mo. 



Band Sawn 

 Southern Hardwoods 



SPECIALTIES 



RED GUM, PLAIN OAK 



SEND US YOUR INQUIRIES 



BUSS-COOK OAK GO. 



BLISSVILLE, ARK. 



MANTJFACTtJREBS 



Oak Mouldings, Casing, Base and Interior 

 Trim. Also Dixie Brand Oak Flooring. 



As Well As 



OAK, ASH and GUM LUMBER 



Can furnish mything in Oak, air dried 

 or kiln dried, rough or dressed 



MIXED ORDERS OUR SPECIALTY 



OUR SPECIALTY 



St. Francis Basin Red Gum 



WE MANUFACTURE 



Southern Hardwoods 



Gum, Oak and Ash — 

 J. H. Bonner & Sons 



MllU sad Oaee. 

 QCIGUtT, ABK. 



PMtafflee ud Telerr«»k OflM, 

 MJTTH. ABK. 



