ftaMwolRocoM 



Published in the Interest of Hardwood Lumber, American Hardwood Forests, Wood Veneer Industry, Hardwood Flooring, 

 Hardwood Interior Finish, Wood Chemicals, Saw Mill and Woodworking Machinery. 



Vol. XX. 



CHICAGO, JULY 10, 1905. 



No. 6. 



MSMWM 



Published on the 10(h and 25th of each month 



By The HARDWOOD COMPANY 



HENRY H. GIBSON 

 FRANK W. TUTTLE 



President 

 Sec-Treas. 



OFFICES: 

 Sixth Floor Ellsworth BIdg., 355 Dearborn St., Chicago, III., U.S.A. 



Telephones: Harrison 4960. Automatic 5659. 



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Entered at Chicago Postoffice as Second Class Matter. 



Advertising copy must be received five days in advance 

 of publication date. Advertising rates on application. 



General Market Conditions. 



A i onsensus of the market reports covering hardwood conditions 

 from one end of the country to the other, lefleets the fact that while 

 in some localities the conditions are not very roseate, on the whole 

 general hardwood conditions are infinitely better than the trade and 

 season of the year naturally would warrant. 



The entire East has enjoyed a remarkably good hardwood de- 

 mand, with excellent prices thus far this year. This means the trade 

 from Buffalo to Pittsburg and east thereof. Cincinnati and Louis- 

 ville have had nothing to complain of, and are still enjoying a verv 

 fair trade. The strike conditions which have prevailed in Chicago 

 and which are now happily over, have played havoc with the hard- 

 wood trade for nearly two months. Business the early part of the 

 year was very good, and there is every prospect for a good fall vol- 

 ume. The hardwood demand in St. Louis has been very fair all the 

 year, and still is far from dull. Conditions in Memphis and vicinity 

 and also at Nashville have been more or less spotted all during the 

 year, and right now trade is reported quiet. "Weather conditions 

 have militated against lumber operations in this section of the coun- 

 try very seriously all the year. It has been a wet spring and sum- 

 mer. Two weeks ago the timber country dried out a little and 

 loggers had hopes of being able to replenish the log supplies of the 

 mills, but the last few days have seen a recurrence of rain, and every- 

 thing is drowned out again. The eastern Tennessee country, Chat- 

 tanooga, Xnoxville, Johnson City and Bristol, have all had a 

 good trade thus far during the year, and the demand is still fair. 

 Xew Orleans has had a good six months' business, both in dono 

 and foreign channels. 



The g ril consuming trade of the middle West and of the North- 

 west, which, ordinarily, can be counted on to take a large quantity 

 of hardwoods, has not been satisfactory for Mine time. The ti 

 has simply been sluggish, and while tbi obtained have been 



fair, the volume of consumption is fully one-third less than normal. 



Bad weather has prevailed in a section producing a large portion 

 of the oak output of the country, and while lumbermen have paid 

 particular attention to the getting out of oak in all sections « here 

 it grows, owing to the relatively high price, it is still questionable 

 if there is enough oak in sight to seriously militate against current 

 oak values. The range of oak growth is getting so limited that it is 

 questionable if oak ever again declines in the American market. 

 During the last two weeks a few overanxious sellers have shaded the 

 price of oak as much as two dollars a thousand, but their judgment 

 in doing this is questionable, as it is more than probable that with 

 the recurrence of the fall demand, the history of oak prices early in 

 the year will be repeated. 



The good end of poplar still holds its own very well, while the 

 coarse end, in common with the coarse end of Cottonwood, gum and 

 basswood, is dull and ranging low. 



Chestnut is still in good demand throughout the East. The same 

 can be said of both black and white ash, gray elm and high class 

 birch. 



Basswood is still a little in excess of demand, but there are orders 

 in sight for every foot of firsts and seconds that can be obi 

 The eastern trade is especially interested in clear white basswood and 

 is seeking it throughout the producing sections. 



Inch maple seems to be fully up to demand and is not very active, 

 although prices are fairly well maintained. Thick maple is sold well 

 up to the saw. 



Cypress is in remarkably strong demand in all parts of the coun- 

 try, and the season undoubtedly will close with the smalle 

 dry cypress that has been known for years. 



Manufacturers of both maple and oak flooring m: ttulate them- 



selves on the splendid condition which confronts that industry. They 

 are today offered orders for more than twice the quant 

 inch face clear maple that the factories can supply. Sum,.- of the 

 other widths and lower grades are not qu 



maud is so strong that wider faces and inferior qualities of flooring 

 are moving to good advantage. The oak flooring manufacturers are 

 also enjoying a splendid demand at high inns, and are oblig 

 turn down a good deal of business that is offered. 



In veneers the demand still seems to be fully up to the supply. 

 This is true of both high class furniture and of ma 



that enter into basket, crate and box production. 



utial review of the market would indicate that there is going 

 to be a considerable falling off in demand for the next sixtj 

 which will give the average manufacturer an opportunity to recoup bis 

 stock and put himself in good 3b trong and health} fall 



Iwoods that is surely in sight. 



Hardwood Trade Morals. 



An eminent i atholi address, gave t 



i ,, ,,,||,,, ,, rid it is difficult to find 



i b rpretation i 

 word. People an i c surprised at dishonesty in 



They ha to look upon it as a manor of course, and the phrase 



money has b 



i oil civic duty. 

 I ;,, . i st, who is no othei 



