HARDWOOD RECORD 



29 



shading his prices to any extent simply to 

 effect a sale. There is too much confidence in 

 the future of the market to permit anything 

 of the kind. 



The only explanation offered of the quiet- 

 ness of demand is that there is no disposi- 

 tion on the part of buyers either at home or 

 abroad to purchase beyond their immediate 

 requirements because of an evident belief on 

 their part that prices will work lower. The 

 opinion prevails here, however, that if buyers 

 are nursing a hope of this kind, they are 

 likely to have a somewhat rude awakening 

 because of the known shortage in the sources 

 of supply. As one member of the trade ex- 

 pressed it, the man who has lumber dry and 

 good and ready for prompt delivery late in 

 the summer and early fall is likely to be the 

 man who reaps whatever harvest there is in 

 the lumber business this season. 



The general export situation is rather quiet, 

 with the future of business largely dependent, 

 in the opinion of members of the trade here, 

 on the outcome of peace negotiations between 

 Russia and Japan and the settlement of the 

 Franco-German troubles in Morocco by arbi- 

 tration. Should both of these events ter- 

 minate in the establishment of peace, the 

 opinion is strong that there will be a de- 

 cided awakening in the demand for hardwood 

 lumber for shipment abroad. 



There is an excellent demand for plain oak, 

 though the Chicago strike has caused some 

 temporary quietness in inch red. There is a 

 large amount of this going to Chicago for use 



WHITING MANUFACTURING COMPANY 



MANUFACTURERS OF 



BAND SAWN STOCK WIDTHS IN 

 HARDWOODS AND WHITE PINE 



ELIZABETHTON, 



TENNESSEE 



IF 



SI 



COTTONWOOD 



GUM and HARDWOODS 



PAEPCKE LE1CHT LUMBER CO. 



Mills: 

 Cairo, 111. 

 Marked Tree, Ark. 

 Arkansas City. Ark. 

 Blytheville, Ark. 

 Greenville, Miss. 



General Offices: 



Tribune Building, 



CHICAGO 



iii 



JANNEY = WHITING LUMBER COMPANY 



WHOLESALE CASH BUYERS OF 



SOUTHERN AND NORTHERN WHITE PINE AND HARD- 

 WOODS. SQUARES. BALUSTER STOCK, ETC. 

 Yard and Office 1151 Beach Si. Pier 52 North Wharves 

 PHILADELPHIA, PA. 



In the interior finish manufacturing p) 

 and they are now holding out becau 

 teamsters' strike. Generally speaking how- 

 ever, there is difficulty in securing the plain 

 oak needed to fill orders, and prices are 

 firmly maintained There is some Inci 

 in inquiries for quarter-sawed oak. though 

 the demand is not brisk. There is an ■ 

 lent call for both cypress and ash, there b 

 no difficulty in disposing readily of both at full 

 prices. Cottonwood is still disappointing 

 demand not being anything like as active as 

 earlier In the season. There is a fair move- 

 ment in box boards and there is some de- 

 mand reported for firsts and seconds, but the 

 lower grades are decidedly slow. There is 

 some call for thin stock of red gum. fusts and 

 seconds, and for thin clear saps, all of which 

 is going into foreign consumption. Some of 

 the firms here dealing in this class of stock 

 report a constantly increasing business. Inch 

 firsts and seconds red, however, and othei 

 grades of this wood are rather slow. Poplar 

 is in good request for firsts and seconds, but 

 there is still dullness in the lower grades. 



Cincinnati. 

 All firms have reported for the past two 

 weeks a fairly good trade, while with some 

 business reached highly satisfactory stages. 

 Stocks are light in nearly all lines. Several 

 firms to accommodate domestic dealers have 

 declined foreign orders, according to gen- 

 eral gossip. Plain oak maintains its lead as 

 the best seller and prices are well sustained. 

 In quartered oak the demand is confined with- 

 in moderate proportions and ruling prices 

 show no change. Ash and cypress move well 

 as does gum, while the situation in cotton- 

 wood, firsts and seconds, is somewhat im- 

 proved. The usual number of poplar inquiries, 

 insufficient to cause a flutter, have been re- 

 ceived. 



Chattanooga. 

 The dullness in the local lumber market 

 continues, but it is attributed to the summer 

 season by many of the lumbermen of this 

 city. There seems to be a greater demand 

 for high-grade poplar and oak, while there 

 is a remarkable lull in the demands for low- 

 grade oak and poplar. Local exporters find 

 that there has been a falling off in the for- 

 eign demands which they say is due to the 

 war in the East. There is a splendid demand 

 for all grades of pine on account of the build- 

 ing conditions throughout the country. Local 

 lumbermen do not understand why it is there 

 is so great activity in the demands for pine 

 while the demands for all other grades of 

 lumber are somewhat dull. The prices on 

 raw material continue very firm, which is 

 said to be due to the increasing scarcity of the 

 log supply and the advancing cost of transporta- 

 tion. The timber is fast being cleared away, 

 near the railroads and in the lowlands, so 

 that there is comparatively little timber, ex- 

 cept in almost inaccessible localities. There 

 is a scarcity in stock, said to be due to the 

 fact that the small mill man is being rele- 

 gated to the past, due to the evolution of 

 sawmill machinery. 



Minneapolis. 

 The most active feature of the market con- 

 tinues to be the sash and door factories, 

 which are using a much larger proportion of 

 hardwood, in making up special orders, than 

 usual, and as they are busy up to the handle 

 all the time this branch of trade is one not 

 to be ignored. They are taking birch, which 

 is not found in any great quantities in ship- 

 ping condition, but such as It js will fill de- 

 mands until new stock is In shape. In fact, 

 some new birch sawed last winter is already 

 being offered, but not in large quantit: 

 yet. Northern oak continues to be extremely 



• 

 dry stock on the markc i 



unable to find any, have been forced to take 

 hern oak against their will. Elm is rather 

 scarce and in fair demand. Prices on all 

 these Items are strong, and dealers do not 

 believe the advent of new stock will change 

 them much. 



Basswood, both in old stock and new. is 

 offered in good quantities, and at prices rea- 

 1 '■onsumer. On account of its 



comparative cheapness this wood, which 

 ground a year or two ago, Is con 

 into use again, the dealers doing thi 

 enhance its popularity. The mark. I 

 on all grades. 



Furniture factories are not taking much 

 stock, as trade is dull with them and it Is 

 too early to anticipate wants. The retail 

 yard trade is also quiet now, but a fair 

 amount of white oak, and also maple flooring, 

 is going out in mixed cars. Flooring , 



demand in the cities, also, as the build- 

 ing boom continues strong and a large pro- 

 portion of the residences call for 

 floors and finish. 



Ashland District. 

 lie condition of the lumber market in and 

 around Ashland shows very little change dur- 

 ing the past fortnight, although it might be 

 said that the demand for special stock for 

 the automobile, carriage and wagon trade is 

 somewhat easing up, and will not likely be 

 heard from again until the fall trade opens. 

 The demand for export stuff continues good, 

 and orders can easily be booked for future 

 delivery, with ample time for manufacturing. 

 Standard stock moves very well, with possibly 

 the lower grades a trifle slow. 



Liverpool. 



Alfred Dobell & Co., Liverpool, report un- 

 der date of June 2 that round southern oak 

 has been moderatelv imported and prices re- 

 main unchanged. One small parcel of medium 

 quality Baltimore waney logs has arrived on 

 consignment. There is said to be a good 

 opening for handy parcels of prime, fresh 

 wood. 



The stock of medium grades and of planks 

 of undesirable sizes of wagon stock is heavy. 

 Prime planks are in fairly good demand. In 

 coffin planks the import has been too heavy, 

 especially in medium and inferior grades, 

 prices for which are very unsatisfactory. 

 Strictly prime planks in good specifications 

 are scarce, and shipments of that description 

 can be recommended. 



In walnut logs the arrivals have fallen off. 

 but the market is well stocked. Buyers are 

 disinclined to increase their holdings at this 

 time of the year, and current prices are un- 

 satisfactory in consequence. There is a fair 

 md for planks and boards of all grades, 

 in thicknesses of one inch and upwards. 



In whitewood logs the market is sufficiently 

 supplied for this period of the year. Sales 

 of arriving parcels have to be forced and ship- 

 ments should therefore be suspended for a time, 

 only slow progress is being made In the re- 

 duction of the heavy stocks of planks and 

 boards which have accumulated. Sales are 

 difficult in consequence. Shipments should be 

 ned to the best quality. 



The arrivals of brown ash logs have been 

 and the shipping season may be reg.r 

 as over. 



Round hickory logs have arrived very mod- 

 ly. Stocks are heavy and prices easier. 



In staves the import has been small and 

 the demand is good, with advancing prices. 



High class mahogany logs of nearly all va- 

 rieties are In fair demand, but the market 

 ; stocked. Small and Inferior 

 sized wood is in little demand and ; 



