HARDWOOD RECORD 



3i 



moves moderately well, but the lower hi -ad. 

 are slow. 



The heavy rains in this district during the 

 past fortnight have further interfered with 

 logging and the operation of mills, as well as 

 with getting lumber away from the interior 

 mills where it is ready for the market. Pro- 

 duction is estimated to have been fully forty 

 p. -re. -lit below normal for the past two weeks. 

 which is also true of the entire Memphis ter- 

 ritory for the past two months or more. Many 

 of the mills are still shut down, and the out- 

 look for supplies for the fall trade is regarded 

 as rather discouraging. As a consequence 

 every member of the trade is holding on to 

 his stock, indicating that he is a firm be- 

 liever in present if not even better values. 

 The export situation does not show any im- 

 provement as yet, but if there is anything 

 approaching a normal demand for lumber this 

 fall, there will be no trouble in doing a good 

 business at very satisfactory prices. 



Minneapolis. 



Now that tile famine in oak stock has been 

 relieved by the appearance of new dry lumber 

 from Wisconsin, the factories that are wedded 

 to northern oak are in the market for it actively. 

 Dealers are not pushing it. because the supply 

 is much lighter than in former years and they 

 know it will not last long. It is commanding 

 fancy prices, and may rise even higher. Dealers 

 are pushing southern oak as a substitute, and 

 consumers are beginning to use it already. It 

 is a certainty that the greater part of the oak 

 used here the coming season will have to be 

 brought from the South. 



Some factories are substituting rock elm for 

 oak for various uses with good success, and 

 there is a good demand for that stock. Soft elm 

 is also moving well. Birch is enjoying about the 

 largest sales of any stock, and is being chiefly 

 used for interior finish. One thing in its favor is 

 that large stocks a. • .11 sight and it does not 

 seem likely to grow scarce for a while. Bass- 

 wood is not having the sale that it enjoyed in 

 past years, and on this market is decidedly weak. 

 The factory trade as a whole, however, is more 

 active than for some time and better than usual 

 at this time of year. 



The retail yards are sending in a good many 

 mixed car orders. While shipments are not 

 heavy yet, a good many wise buyers are getting 

 their orders in to insure seasonable delivery. 

 They are taking mixed cars of lumber, doors, 

 flooring and wagon stock, and just now flooring 

 is especially popular, indicating that the build 

 ing boom is not confined to Minneapolis, but that 

 the smaller cities are getting some high-class 

 residences and business buildings finished in 

 hardwood. The value of building permits issued 

 in Minneapolis during July was $881,975, com- 

 pared with $476,630 for the corresponding month 

 of last year, an increase of 89 per cent, and 

 the increase has been distinctly felt in the local 

 demand for hardwood. 



While the cooperage market here is now prac- 

 tically dead, the trade shows good signs of a 

 resurrection following the receipt of new wheat, 

 and it is expected that a demand for staves and 

 heading will develop again within a few weeks. 



Louisville. 

 During the past fortnight there has bei 

 considerable increase in the number of in- 

 quiries for furniture wood, and esi all: 



special dimensions in oak. This forecasl 

 good demand this fall from the furniture 1: 

 which seems to be flourishing unusually well 

 this season. There has been some comp!ainl 

 that, while oak can be sold readily, it has 

 not been commanding as high a prici 

 should, and many manufacturers have 

 on to their stocks in anticipation of 

 prices. As a result, there is a decided note 

 of stiffer prices, and the trade this fall 

 a'.ily wilt realize better values than ha 1 



it, 1 for 



wisk and pi 

 show some imp, ,m are no( 



high as the manufacturers would like to sec 

 them. The trad.- is now coming to realize 

 that this ,1 : going 



at too I" '. .ire being ja 



up .1 few- notches here and there, so that it 

 now look. new era of prices is in 



sight. 



Low-grade poplai dragging a little, while 

 tie higher grades are showing signs of im- 

 provement. The box factories here have been 



buj ing and conl racl Ing qui llbei 



pip', cull poplar, box common cottonwood 

 sap common and mill-run gum. Prices on 

 these stocks run very near together, ranging 

 from $14.50 to $17.00. 



The volume of business in plain oak was 

 good this spring that no one found time to 

 stop and give due thought to values. Now 

 that business is a little quiet and manufac- 

 turers are looking over the field with a view 

 in sizing up fall requirements, it is beginning 

 to come home to the trade that plain oak is 

 selling too low as compared to the cos 

 logs. Oak has been growing in value so rap- 

 idly the past few years that some manufac- 

 turers have not p with it. and they 



only realize the full meaning of this advance 

 when they start out hunting fresh raw ma- 

 terial, and then it comes to them suddenly. 

 It is coming home to the Louisville trade now 

 uid on every hand there is a call for betti 

 prices on plain oak, and it appears to be get 

 ting strong enough to force a rise prettj soon. 



London. 



The feature of this market at the present mo- 

 ment, when most: of the buyers are out of town, 

 is 1 lie increased quantity of lumber of all kinds 

 and grades which is arriving on consignment, 

 but which, owing to the aforesaid cause, is difli- 

 enli of sale at a price remunerative to shippers. 

 It really seems a great pity that these reckless 

 consignments cannot be controlled, as with these 

 stocks to contend with it is difficult to place 

 orders before shippers for goods to arrive. It 

 is a fact that goods can be bought cheaper on 

 this side of the Atlantic than on the other. 1 hi- 

 matter should be seriously reflected upon by 

 shippers, as the result to them must mean heavy 

 losses. 



Trade with us is usually dull during the 

 month of August, 1ml we are hopeful for l" I 

 things next month. 



C. Leary & 1 '•'. report concerning American 

 black walnut logs that only lops of superior 

 quality and dimensions are required. Values 

 n in ::s to 4d per caliper foot. Medium and 

 culled grades of walnut lumber continue steady, 

 but first quality is in pom- demand. Quotatl 

 range from 5s 10 7s per cubic foot for lirsi qual 

 i1y. 3s to Js for medium. 'Js to 2s «',.! lor culls. 



The inquiry for American quartered oak is 

 exceedingly small, with prices ranging from in 



6d 10 I- Pel per cubic 1 The stock of plain 



oai planks is ample, and values are low. Bo 



In fair demand. Logs nre not required. 

 first quality of American whltewood is fairly 

 -1. 'ady. the lower grades doing badlj 1 te sup- 

 ply of medium quality and culls is far in • 

 ,, demand Logs should noi be ihlpped. There 

 is a fair market for gam, wdth quotations 

 1 s 3d 10 '_'- 6d pel cubli foot. 



Liverpool. 



Alfred Dobell .' 

 oak- is arriving in small quantities, and finds 



steady demand ■■■- B« 



rime quality are selling readily, 

 ' 

 The position la wagon planks has been very 

 satisfactory for , '''I" time, but re, 



extensive mi 



and It remains whether the ma 



h 



bum and mi Bin p .■,. and 



..lily l..w ; 



lor wli, 



light, but 



be bandli 

 present, in boards and planks the Imporl 



1 n I" .,. fattened. 



The arrivals of »i, 

 entirely ceased from ■ 



This, blned with the fad thai most 1 



of poor quality, has pushi 



\,-ry low level. Enormous arrivals reached the 



market dining the latter pail ..1 July, and this 



will undoubtedly bavi 



upon the gradually Improving position which 



has been 



Ash ami hickory round logs inn. arrived in 

 lighl supply 1 11 should 1, 



in year, as buyers are v.r\ nervous ■ 



■-•aril p. wo.,, 1 which may have been cnl while 

 the sap is up. 



\.,« • Irleans alxtj Ini h n Inc 

 rery scarce The demand is maintained and 

 high prices are rating. Practically all othei 

 n in ilghl stock and 

 riving shipments are finding a readj sale. 



Concerning mahogany, Dobell & ths.1 



the auction sales ,,1 the wood held during the 



past Hi, were well attended, competition was 



keen, and ]. rices for wood of good character ruled 

 high. 



Ties Wanted 



50,000—6x8-8 

 White or Burr Oak Ties 



CHICAGO DELIVERY 



SOUTHERN OAK LUMBER GO. 



707 CHAMBER OF COMMERCE :: CHICACO 



JANNEV- WHITING LUMBER COMPANY 



WHOLESALE CASH BUYERS OF 

 SOU HEBN AND N0RTBEBN WHITE PINEAND HAID 



WOODS. SQUARES. BALUSTEI STOCK. ETC. 



Yard and Otlice 1151 Belch St. Pier 52 North Whtnrj 



PHILADELPHIA, PA. 



icOTTONWOODJ 



GUM and HARDWOODS 



PAEPCKE LEICHT LUMBER CO. 



General 0ffk«i: 



Tribune Buildin* 



CHICAGO. \ 



WHITING MANUFACTURING COMPANY 



BAND SAWN STOCK WIDTHS IN 

 HARDWOODS AND WHITE PINE 



ELIZABETMTON. 



TENNESSEE 



