January 25, 1921 



HARDWOOD RECORD 



59 



•cars of lumber while paying "goodwill" calls. Buyers are still taking 

 only such stock as they are in absolute need of, but their needs seem to 

 be increasing. While the January furniture markets have not resulted 

 in a very large volume of business, it is believed that enough has been 

 booked by the furniture makers to cause them to do considerable more 

 buying of lumber for the next few weeks than they have during the past 

 three months. It is understood that reserve stocks of lumber in the yards 

 ■of furniture plants are very low. Prices of hardwoods are firming as 

 Jiquidation and curtailment uf production proceeds. 



CLEVELAND 



As far as immediate outlet for hardwoods in this market is concerned, 

 there is little in sight to offer encouragement to the wholesaler and the 

 retail yard. Depending as it does upon the house building program for 

 real hardwood business, this branch of the trade is not especially opti- 

 mistic. House building during the last several months has been curtailed 

 significantly. About half as many houses were built in 1920 as were 

 -erected in 1919, yet this smaller amount of construction in 1920 cost more 

 than two-thirds of the entire amount of work done in 1919. 



Hardwood prices locally are about 40 per cent lower than the peak 

 prices of March, 1920. This apparently means little in the life of the 

 builder, who is not going ahead with anything in the way of new work 

 until assured of a more ready sale of the properties. The 40 per cent 

 reduction does not mean that that is the real market, however. Where 

 stocks are heavy, and there are few yards where this condition does not 

 hoUJ. concessions are continually being made by the holders in order to 

 induce some real sales. This has brought out a better inquiry in the last 

 few weeks, but actual business, as stated, is lacking to the present. 



About the most encouraging sign is the firming of markets at produc- 

 ing points, and. while this is not reflected here, it is taken as a sign that 

 the bottom of the market really has been reached. As leaders in this 

 branch of the trade point out, if the market has reached bottom, con- 

 tractors, builders and others will be ready to go ahead, and this will mean 

 revival of busine.'^s by the time spring arrives. The reason the trade here 

 dwells so much upon housing construction is because this field offers the 

 real outlet for hardwoods, interior finish of all kinds being wanted, while 

 the outside trades, such as automobile and other manufacturers, seldom 

 ofifeV anything in the way of attractive demand. 



BUFFALO 



Active business in hardwoods has not arrived yet, although a larger 

 amount of inquiry is received and a somewhat more hopeful feeling pre- 

 Tails. Lumbermen believe that business is going to pick up within a few 

 Tveeks, although they haven't seen many of the signs as yet. A few large 

 plants are doing more than a few weeks ago, but all buying is being done 

 in a hesitating way and some consumers report that they still have manii- 

 factured goods on hand unsold and so are not in the market. for more stock, 

 no matter how low the prices are. 



Buyers are stilt al)le to dictate prices in many cases and the market is 

 quite unsettled. Thf're is not enough business moving to develop much 

 strength in the situation. When the change for the better will come is a 

 matter of some diffprencc of opinion, but many think it will be about 

 April 1. The building outlook is not yet clear, owing in part to the fact 

 that wages in a good many instances are still on a high level, as well as 

 some kinds of material. 



PHILADELPHIA 



While the hardwood market is experiencing nothing different with 

 respect to new business than it did during the past fortnight, the general 

 feeling which prevails is decidedly more optimistic than at any time during 

 the past ninety days. The class of inquiries that are being received denote 

 that they are more for actual requirements than simply market feelers. 

 It is just a little too near inventory taking to know just what will develop 

 from the outcome of the figures in the way of new business, but it is felt 

 that with the recent recessions in hardwood prices all along the line, 

 coupled with the general curtailment. of production in the hardwood fields, 

 that a large number of buyers will feel the time opportune to replenish 

 their broken stocks. Many woodworking and furniture factories have 

 resumed operation after the holiday shutdowns. Some little figuring is 

 being done on spring building, although it is still a trifle early to learn to 

 what extent this line will develop. The financial situation is improving 

 slowly but steadily. The pulse of the whole situation seems considerably 

 lietter, Indications pointing to .sufficient trade in the near future to at 

 least stabilize values. 



PITTSBURGH 



The year is breaking away with very little hardwood business actually 

 ■placed ; although there is quite a lot of it in sight. The chief difficulty 

 seems to be that buyers are waiting for lower prices. Conditions are not 

 yet settled enough so that they are willing to place large orders and. 

 aneanwhile. the market is suffering. The warm weather and shuttine 



Shawano County Hard Maple 



IS OUR SPECIALTY 



OUR STOCK OF NORTHERN HARDWOODS IS 

 NOW COMPLETE AND WE SOLICIT INQUIRIES. 



OFFERINGS 



SOME SPECIAL 



HROWN ASn 

 4/1" No. 2 & Btr.. all widths & lengths, 12 mos. dry. 



3 cats 

 1 car 



WAUSAU 



6/4" No. 1 & Rtr, all widths * leiiKths. 11 mos. dry 



BASSWOOD 

 4/4" No. 1 & Rtr. in" & wirier. 6' A Igr. 11 moa. di-y. 1 car 

 6/4" Sel. & Btr.. 4" & wdr.. 6' & Igr.. 11 mos'. dry. . . 2 car 

 4/4" No. 2 & Btr.. 4" k. wdr.. 4' A Iet.. 11 raos. dry. . 3 cat 



BIHCH 

 8/1" Sel. & Btr. W & wJr.. S' & Ict.. 12 mos. dry.. 



BOCK ELM 

 10/4" No. 1 & Btr.. 5" & wdr.. 8' & Igr., 12 mos. dry 



HARD MAPLE 

 S/4" No. 1 & Btr.. 4" & wdr.. fi' & Igr.. 12 mos. drylO cars 



Chas. Gill Lumber Co. 



1 car 



1 rar 



WISCONSIN 



Ash — Hickory — Beech — Poplar 

 Oak — Cypress — Gum —Tupelo 



straight cars, all grades and thickness 

 N. H. L. Association rules of inspection 



We specialize in Poplar 5/8" to 5" in thickness.. We have 



POPLAR 



4/4" Los Run 125.000' 



5/4" Log Run 75.000' 



6/4" Loo Run 100.000' 



8/4" Log Run 100.000' 



OAK 



4/4" No. 3 & Btr lOO.OOO' 



5/4" No. 3 4. Btr 150.000' 



6/4" No. 3 &. Btr 50.000' 



TUPELO 



4/4". 5/4", 6/4" fOO,000' 



SAP GUM 

 4/4", 5/4". 6/4" 75,000 ' 



CYPRESS 

 6/4". 8/4" No. I Shop Sl Btr. 30.000' 



BEECH 

 8/4" No. 2 &. Btr 15,000' 



LET US QUOTE VOD ON ANT OP 

 THE ABOVE STOCK. ANT GSADE 



HOYT PARKER LUMBER CO. 



p. O. BOX 614. Office, 311 City Bank, MOBILE, ALABAMA 



STRABLE 

 Lumber & Salt Company 



SAGINAW, MICHIGAN 



Manufacturers of the Time Tested 



Wolverine Maple Flooring 



13/16X2V. Clear liO.OOO' 13/lBx3'ii No. 1 25,000' 



13/16x214 No. 1 175.O00' 13/16.\31i Factory 150.000' 



13/16x214 Factory 200.000' ■ 1 1/I6x2>« Factory 160.000' 



13/16x314 Clear 69.000' 1 l/16x3V4 Factor>- 175.000' 



WRITE FOR PRICES 



LET US QUOTE YOU ON YOUR HARD- 

 WOOD LUMBER REQUIREMENTS 



Manufacturers 



of 



Southern Hardwoods 



Chapman & Dewey Lumber Co. 



MARKED TREE, ARKANSAS 

 KANSAS CITY, MISSOURI 



