March 10, 1921 



HARDWOOD RECORD 



noted from the furniture people. A little more life is being shown in tlie 

 piano business, though largely the piano people are still pretty well over- 

 stocked. There is no life in the chair demand. The railroad demand 

 here is nil. 



BALTIMORE 



Conditions in the hardwood trade here, in the opinion of probably a 

 majority of the members, show an appreciable improvement. The inquiry 

 is said to have decidedly increased, and not a few of these calls for quota- 

 tions are resulting in actual business, a state of affairs which is very 

 gratifying the producers and distriI)utors alike, wdio had begun to show 

 the strain. Of course, it is still a considerable way to an actual revival, 

 for the expansion in the movement has not yet resulted in a stiffening 

 in the quotations ; but at any rate, the lethargy that prevailed for quite 

 a time is being suceeded by a revival in interest, which, it is hoped, will 

 keep up and assume the proportions of a normal, healthy business. A 

 return of the hectic conditions that prevailed last year is not desired. 

 The hardwood men have learned by experience that such a state of affairs 

 cannot be healthy or permanent, and they are entirely willing to proceed 

 in a more regular manner. It would, however, not be at all surprising 

 if. with the first real rush to augment holdings or provide for immediate 

 needs a positive shortage developed. There is probably no excess of 

 lumber in any of the woods in general use. with a positive rebound in 

 the quotations distinctly Vmong the probabilities. For the present it 

 suffices that the hardwood business has picked up, halting further reces- 

 sions in prices and causing a feeling of hopefulness, even of expectancy, 

 to pervade the trade. The export business is still in a languishing state, 

 with the foreign buyers disposed to place orders only as stocks are 

 actually needed, and meanwhile interposing all sorts of objections in 

 connection with every shipment received. It is stated that the losses 

 sustained by American exporters through rejections and demands for 

 reductions will aggregate a large sum. 



COLUMBUS 



The hardwood trade in central Ohio territory is showing slightly more 

 activity in all directions. Inquiries are more numerous than formerly, 

 indicating a disposition on the part of retailers and factories to enter 

 the market. Some of the inquiries are developing into orders, but for the 

 most part the dealers are only shopping for information. Retail stocks are 

 generally low and badly broken, and it is believed that dealers will be 

 forced into the market soon. Building operations loom up more active, 

 and it is the belief that the building season will open earlier than was 

 anticipated. Architects and contractors are busy figuring on plans and 

 specifications for a large amount of construction work. 



Factories making boxes and implements are buying fairly vpell at this 

 time. Furniture concerns are also showing a disposition to enter the mar- 

 ket. Other concerns are still holding off, but it is expected they will 

 come in later on. Railroads are desirous of making purchases, but finan- 

 cial matters with them are not satisfactory and as a result they are play- 

 ing a waiting game. 



Prices are fairly steady at previous levels. Some scarcity has appeared 

 in the higher grades of oak and poplar and strength has developed. The 

 lower grades show the most weakness. There is still a considerable spread 

 in quotations and some extremely low figures are heard. Shipments are 

 coming out promptly from all sections. Collections are improving to a 

 small degree. 



CINCINNATI 



Conditions in the hardwood marliot iiave not changed to any noticeable 

 extent during the past two weeks. There has not been enough encourag 

 ing conditions from any branch of the trade to justify manufacturers in 

 predicting when there might be a revival of business. Some concerns 

 here are offering hardwod at exceedingly low prices, while others refuse 

 to sacrifice their lumber in order to make sales. Some orders are being 

 placed, hut they are of no large consequence and generally for immediate 

 use. There is some demand for the lower grades, but top grades are 

 inactive. Retailers are placing some orders, although there is no general 

 buying movement among dealers. Hardwood manufacturers have come to 

 the conclusion that the depression is in a way over, for during the past 

 two weeks they have been getting numerous inquiries from sources that 

 are expected to buy lumber before long. It is pointed out by the local 

 manufacturers that business already has improved in the East now and 

 the better times that are being experienced in that section will naturally 

 he felt in this vicinity before many weeks. Candidly speaking buyers are 

 more interested in price lists now than they have been for some time. 

 Indications point to a fair building program, although many believe it will 

 be late in the spring. Wood consuming factories in this locality are not 

 showing much activity in the market, although many ot them are again 

 operating full time. 



INDIANAPOLIS 



The demand for hardwoods continues to increase and inquiries now are 

 flooding the dealers and orders are beginning to be received by the wood- 

 working industries. The situation is in better shape now than it has been 

 for some time and both factory executives and retail dealers are more 

 optimistic concerning the 1921 market than they were two weeks ago. 



? LOOKING FOR ? 



DRY HARDWOODS 



Here are a jew items of year old 

 stock that we want to ship quick: 



All Regular IVidths and Lengths 

 ASH — Wisconsin Brown 



No. 1 & Btr., 5/4 8 mos. diy 



No. 2 & Btr. 6/4 8 mos. dty 



BIRCH 

 No. 1 & Btr. 4/4, 10 mos. dry (good widths and lensttaa) 



No. 1 & Btr. 5/4, 8 mo3. dry 1 car 



No. 1 & Btr. 6/4. 8 mos. dry I car 



No. 1 & Btr. 8/4. 8 mos. dry 1 car 



No. 1 & Btr. 10/4. 7 mos. dry 2 can 



EASSWOOD 

 No. 1 & Btr. 6/4. 10 mos. dry 2 cars 



Wheeler-Timlin Lumber Co. 



WAUSAU, WISCONSIN 



Send us TOUR 



Inquiries for 



NORTHERN 



HARDWOODS 



and HEMLOCK 



Foster-Latimer Lumber Co. 



OFFER THE FOLLOWING 



DRY HARDWOODS 



BIRCH 



4/4 1st & 2nd .35.000' 



4/4 Select 100.000 ' 



4/4 No. 1 Common 50,000" 



4/4 No. 2 Common 35,000' 



S/4 No. 1 Com. & Btr 20,000' 



SOFT ELM 



4/4 No. 2 Com. & Btr "5.000' 



6/4 No. 2 Com. & Btr 30.000' 



10/4 No. 1 Com. & Btr 20,000' 



WIRE. PHONE OR WRITE FOR PRICES 

 MAIN OFFICE AND MILLS 

 MELLEN, WISCONSIN 



VESTAL LUMBER 

 & MFG. COMPANY 



INCORPORATED 



Soft Textured Oak 



Poplar 



Black Walnut 



Tenn. Red Cedar 



KNOXVILLE, TENNESSEE 



BAND MILLS AT VESTAL 



A SUBURB OF KNOXVILLE 



FONDE, KY. 



