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Hardwood Record — Veneer & Panel Section 



January 25, 1921 



Are Prices on Veneers and 

 Plywood Going Any Lower? 



It is our opinion that sound mer- 

 chandising will not permit any fur- 

 ther reductions. 



"TIMBER. Oak, Poplar and Gum 

 Logs are obtainable at less prices and 

 various items of Rotary Cut, Sliced 

 and Sav/ed Veneers are being offered 

 on basis of these reduced replacement 

 prices of timber. Walnut logs, suit- 

 able for veneers, are holding their 

 own. Very few Mahogany veneer 

 logs are oifered for sale on any of 

 the leading markets, and only at 

 very firm prices. Logging conditions 

 obtaining abroad indicate that there 

 is little or no prospect of good Ma- 

 hogany veneers costing any less. 



PLTWOOD. Chestnut and Gum 

 lumber, which are generally used for 

 cores, are being offered at reduced 

 prices for immediate shipment. It is 

 the consensus of opinion among lum- 

 bermen that the lowest level has been 

 reached on lumber prices, and that 

 some items are now being sold at less 

 than actual cost of production. A 



large number of lumber mills are 

 shut down, and there is very little 

 production; therefore, it seems rea- 

 sonable to assume that with anything 

 like a normal return of business, 

 there will be a lumber shortage, and 

 with the present available supply 

 limited, prices are bound to advance. 

 This same argument can also be ap- 

 plied to Rotary Cut and other items 

 of veneers. 



GLUE. Vegetable and joint glues 

 for plywood remain the same. 



FREIGHr RATES. The rates 

 in effect on logs and other raw ma- 

 terials are fixed, and there is no pos- 

 sibility that they will be reduced. 



WAGES. Wages in the veneer, 

 furniture and other woodworking in- 

 dustries are not likely to be reduced, 

 as it is generally known that the scale 

 prevailing in these lines has been 

 lower in comparison to other lines of 

 industry. Wages must remain about 

 the same to prevent desertion from 

 the wood-workins lines. 



The Prices We Quote Are Right 

 Buy Now 



THE LOUISVILLE VENEER MILLS 



MANUFACTURERS VENEER AND PLYWOOD SINCE 1SS9 



LOUISVILLE, KENTUCKY 



