56 



HARDWOOD RECORD 



January 10, 1921 



right away. The feeling is that business is going to be much better tins 

 spring than it has been for several months past. 



Prices arc showing the same unsettlemeut as for some time past. So 

 little demand prevails that sellers find it expedient to cut prices occasion- 

 ally to get the business. It is a buyer's market to a large extent, with uu 

 established prices in most woods. The desire of turning lumber into money 

 is uppermost with many and until the effect of the .'ihut down of mills is 

 more manifest it is expected that prices will be unsettled. Everybody 

 looks for a better price situation within a>few weeks. 



FOR SALE 



Southern Hardwoods 



OAK, GUM, ASH, ELM, 

 MAPLE, CYPRESS, 

 HICKORY, POPLAR 



WRITE OR WIRE 



Jerome Hardwood Lumber Co. 



JEROME, ARKANSAS 



WE SHIP STRAIGHT OR MIXED CARS OF FLOOR- 

 ING, OAK, ASH, CYPRESS AND GUM LUMBER 



i 



^" SPECIALISTS 



Our specialty is 5/8 lumber, all band 

 sawed edged and trimmed and pro- 

 duced from the finest logs that we are 

 able to secure. We offer for prompt 

 shipment : 



5/8 FAS Qtd. White Oak 27,000 



5/8 Selects Qtd, White Oak 6,000 



S/8 No. 1 Com. Qtd. White Oak 40,000 



5/8 No. 2 Com. Qtd White Oak 17,000 



5/8 FAS Plain White Oak 6,000 



5/8 No. 1 Com. Plain White Oak 40,000 



5/8 No 2 Com. Plain White Oak 40,000 



5/8 FAS Plain Red Oak 25,000 



5/8 No. 1 Com. Plain Red Oak 40,000 



5/8 No. 2 Com. Plain Red Oak 12,000 



5/8 No. 3 Com. Plain Red Oak 20,000 



5/8 Saps & Selects Poplar 17,000 



5/8 No. 1 Common Poplar 90,000 



5/8 No. 2 Common Poplar 80,000 



5/8 No. 1 Com. & Btr. Sap Gum 25,000 



5/8 No. 1 Com. & Btr Red Gum 20,000 



5/8 Log Run PI. Sycamore 22,000 



Write for Complete List with Prices 



North Vernon Lumber Mills 



I 



NORTH VERNON, IND. 



PHILADELPHIA 



While iluring the past few weelis there has been very little business 

 done in the Philadelphia market, brighter prospects seem to be in store 

 for the future, and dealers are anticipating better business than they have 

 had for some time. It is too near to annual inventory taking to feel the 

 direct effect of the figures arrived at, but it is clear that most of the retail 

 dealers a.s well as consuming factories will find their stocks very low, 

 and greatly in need of adjustment, if these anticipated demands are to be 

 met, and met at once. Manufacturers and wholesalers are more averse 

 than ever before to force stock upon the market regardless of price. There 

 are very few transit cars. With even an inconsiderable demand after 

 stock taking, it should tend toward stabilizing values, and by Spring things 

 should be about normal again. It is .said that the money situation is eas- 

 ing a little, which, of course. Is a very important matter. There is no 

 news from the manufacturing field, except short production. Many saw 

 mills closed down during this season until after the holidays, but we 

 learn that a great number of them will not reopen until they see some 

 improvement in trade. Of course, a small production is expected this 

 winter, because of the many plants being closed, and because of bad 

 weather conditions. Cypress and Hemlock are holding up very well, altho 

 they are somewhat off in price. Hardwoods have been firm for the last 

 thirty days, and it is noted that the better grades of dry stocks are rather 

 scarce. On the whole, the situation is good, considering general conditions. 

 Trade is "getting well," and Indications are that 1921 will bring good 

 normal business. 



PITTSBURGH 



The year 1920 closed with those wholesalers who made a specialty of 

 hardwood in much better shape financially and In very much better spirits 

 than any other lot of wholesalers in Pittsburgh. All through last year the 

 hardwood business kept up fairly well and results obtained were much 

 better than in the other woods. This year's operations are very quiet and 

 there is absolutely no life to the work. Purchasing agents are beginning 

 to put out feelers for large orders to be placed in the near future for rail- 

 road companies and industrial companies. So far no business has de- 

 veloped from these .sources. The outlook is good and it only remains to 

 he seen how long the wholesalers will have to wait for this business. 

 Some plants are not starting up while others are shutting down so that 

 the industrial situation is not favorable to lumber business. 



The mining trade ha.s also done fairly well. The building situation is 

 very unsatisfactory and it may be well on to April before much building 

 is started. 



BALTIMORE 



The members of the hardwood trade have begun the new year with 

 conditions much the same as they were during a considerable jKirtion of 

 1920. It does not appear that the inquiry for stocks has been quickened 

 to any material extent or that the movement has; increased noticeably lu 

 volume. Buyers show the same disposition to hold off as before, while the 

 range of prices has undergone no improvement. At the same time it is 

 also to be said that the number of those members of the trade who pro- 

 fess to see better things ahead is on the increase, and here and there is 

 heard an expression of the belief that the bottom has been reached and 

 that this is a good time to place orders In anticipation of a rise. This 

 opinion, of course, is based upon the holding back that has characterized 

 the general situation during weeks of the last year, and as much upon 

 the reports of many saw mills either shutting down or preparing to do so, 

 or greatly curtailing their output. It may be accepted as certain that the 

 production is very much smaller than it was, while the resumption is at 

 least a fair one that the delaying of orders lias worked to reduce the 

 holdings of consumers of hardwoods to such an extent as to make assort- 

 ments no longer adequate for the needs of these consumers. Prices are 

 very uncertain, the fluctuations being at times wide ; but the situation 

 that exists now is believed to be favorable for a stiffening of the market. 



COLUMBUS 



The hardwood trade in Columbus and central Ohio has been rather 

 quiet during the holiday season, but that was to be expected. It Is usually 

 a dull period, which coupled with the fact that business is very much un- 

 settled and buying of hardwoods have been limited, made it still duller 

 than common. But a feeling of optimism prevails everywhere and this 

 feeling is gaining as the spring season approaches. The tone of the trade 

 is better than formerly and inquiries are more numerous. Some of the 

 inquiries were for the purpose of securing Information for inventories, 

 while others developed into orders. 



