September lU. 1915. 



HARDWOOD RECORD 



41 



meiits and deliveries ou rush orders. In some instances it is said large 

 orders have been lost by concerns liere owing to tlieir inability to supply 

 upon demand, because, playing the conservative game, stocks ou band 

 were allowed to run so low that a big rush order could not be handled. 

 StocUs carried in some of the large yards here show the rather depressing 

 fact that stocks on hand arc probably sufficient to supply the day to 

 day call, but that is all. . 



Early in the spring and well on into the summer the weather put a 

 damper ou nearly all building projects. The situation now is much bet- 

 ter and all building .iobs are being rushed to completion. 



The lumber world in general received considerable of a shock the 

 last couple weeks when the furniture manufacturers began to slacken 

 up in their activities. Depressing news from the furniture people, and 

 the propensity of yard men to under-stock, constitute the only real bad 

 features of the entire market at this writing. The furniture manufac- 

 turer is finding himself a trifle overstocked, especially in the lower 

 grades. The furniture call for walnut is up to normal, probably owing 

 to the fact that output of the exceptionally fine furniture, for which 

 the walnut is used, is finding its usual market. 



There has been a marked increase in business done by the interior 

 finishers, good business being reported by the hardwood floor dealers 

 especially. Almost equally favorable are reports from the sash and door 

 people, this allied industry naturally following right in line with the 

 flooring concerns. 



The market, during the past couple weeks, has been featured by a 

 run on poplar and cottonwood, these two woods easily carrying off the 

 honors as best seller, but running so close in the demand that it is 

 quite impossible to choose between the two for the first position. 



The foreign demand is still making itself felt in the local market. 

 Walnut goes across the water, and ash and oak are showing up well 

 and moving with considerable vim. 



=-< COLUMBUS >- 



The hardwood trade in Culuiuitus and central Ohio territory is show- 

 ing more activity during the past fortnight. Inquiries are more nu- 

 merous and orders are coming in better. There is a marked improve- 

 ment in the tone of the market and future prospects appear brighter. 

 Lumbermen generally believe that the volume of business during the fall 

 season will be larger than during the past few months. 



The best feature of the trade is the buying on the part of the retail 

 trade. Dealers' stocks are generally light, and in order to take care 

 of demand they arc compelled to replenish their supplies. Most of the 

 buying is for immediate shipment, although a few orders are placed for 

 shipment early in October. Dealers are still following the policy of 

 buying from hand to mouth. 



Prices generally are more steady. This was especially true during 

 the past week when extreme low quotations were not heard of. Tlie 

 policy of cutting, prices in order to move accumulated stocks is apparently 

 passing away. Stocks in the bands of mill owners are not very large. 

 Shipments are coming out promptly from every section. In a few In- 

 stances distinct advances have been recorded on the local market. 



Some buying is reported on the part of manufacturing establishments 

 making vehicles and furniture. They are buying only for the present, 

 however. Automobile factories are bu.ving some stocks. 



Quartered and plain oak is in good demand and prices remain firm 

 in most places. Chestnut is one of the strongest points in the market 

 and prices are firm, especially for sound wormy. Poplar is in fair 

 demand at unchanged quotations. Ash is firmer and the same is true 

 of basswood. There is considerable demand for basswood from automo- 

 bile factories. Other hardwoods are unchanged. 



-< INDIANAPOLIS >- 



There are several bright spots in the hardwood lumber trade, although, 

 taken as a whole, the demand is far below normal and there appears 

 to be no sign of general improvement in the situation. 



Gum is a little more in demand on account of some increased activity 

 among furniture factories. Black walnut is still in good demand, with 

 prices high. Various grades of oak are moving slowly. There is hope 

 that fall building projects will bring out a better demnnd for hardwoods 

 for interior trim. 



■< EVANSVILLE >■ 



While the hardwood lumber manufacturers of southwestern Indiana 

 say business is far from booming, things look some better than they did 

 a month or so ago and indications are for a good tall trade. More in- 

 quiries are coming in, especially regarding ash and quartered white oak. 

 Walnut continues in strong demand and it is expected there will be a 

 brisk call for this kind of lumber until after the close of the war in 

 Europe. Hickory is moving better than it has for some time past. Pop- 

 lar has not picked up to any great extent. Gum is in some better de- 

 mand, due to the fact that furniture manufacturers see increased busi- 

 ness in store for them. Some of the river mills have been shipping 

 out sycamore. Collections are better than they liave been for some time. 

 Most of the manufacturers have returned from their summer vacations 

 and are ready for the new business which they hope will come in. There 

 Is no denying the fact that there is a better feeling in the trade world 

 than there has been for some time past and both orders and inquiries 



Paepcke Leicht Lumber Co. 



Conway Building 111 W. Washington Street 



CHICAGO 



RED GUM 



AMERICA'S FINEST CABINET WOOD 



Consider its good qualities. 



It has strength. 



Can be brought to a very smooth sur- 

 face and consequently will take 

 high polish in finishing. 



Will not split easily. 



Runs strong to wide widths and long 

 lengths. 



Is not easily marred or dented. 



It can be supplied flat and straight — 

 free of warp and twist. 



Has beauty, color, life and character. 



Considering its numerous good queili- 

 ties, it is the lowest priced good 

 hardwood on the market today. 



We are the largest producers of Gum 

 in the world. 



Have a large and well assorted stock 

 on hand at all times. 



Can manufacture special thicknesses 

 on short notice. 



We guarantee 



QUICK SHIPMENTS 

 GOOD GRADES 

 DRY STOCK 

 GOOD WIDTHS 

 GOOD LENGTHS 

 SATISFACTION 



Band mills at 



HELENA, ARK. BLYTHEVILLE, ARK. 



GREENVILLE, MISS. 



Write, phone or wire for pricet 



Paepcke Leicht Lumber Co. 



Conway Building 111 W. Washington St. 



CHICAGO 



