March 25. 1921 



HARDWOOD RECORD 



61 



CINCINNATI 



The Lardwood market here continues to rock along in mnch the same 

 way as for several weeks past. While conditions are very slow, some 

 dealers see an improvement in inquiry. Considerable low-priced lumber is 

 being offered, indicating that a great deal of stock is still looking for a 

 quick market. Demand is perhaps a trifle better than two weeks ago and 

 the future is growing gradually brighter, but the market has considerable 

 distance to go before it even approaches the normal basis of activity. 

 Manufacturing concerns have evidently given their buyers orders not to 

 purchase hardwood until after April 1, as they apparentl.v think prices will 

 come down further still. Market prices no longer exist. The question now 

 is to find the person who needs lumber and what he is willing to pay. 

 During the past two weeks, many members of the trade refused to quote 

 prices on No. 1 and 2 common. The majority of inquiries at this time 

 are coming from the furniture, piano and automobile factories. Many of 

 the wood-consuming plants are using hardwood for which they paid around 

 $250 a thousand and which can be bought today for $85 or $90. Railroads 

 are holding off because of the lack of read.v money. In view of the fact 

 that there is plenty of lumber on the market, and dry lumber at that, with 

 conditions such that loading is rapid and movement by rail excellent, the 

 buyer isn't being forced to buy very far ahead with the result that as soon 

 as stocks in consumers' hands are reduced, it is expected that there will be 

 a much better run of small orders for immediate use. Retailers are 

 generally finding themselves short of lumber In some grades, but are not 

 willing to buy unless they can find what they consider bargains. 



INDIANAPOLIS 



Little change can be noted in the hardwood situation. However, all 

 iudications point to a resumption of business on an increased scale among 

 the hardwood using industries. Prices have not changed, though the 

 market is stronger, which fact is especially noticeable among the retail 

 firms, which report an increased demand and numerous inquiries tor 

 hardwoods to be used in construction work. Among the industries, by far 

 the greatest volume of finished business goes to the automobile industries, 

 which make Indianapolis their production homes. These factories tor the 

 most part are down, or are operating at a small fraction of their produc- 

 tion. However, during the auto show just held here a large number of 

 machines were sold, giving the manufacturers encouragement. The large 

 body factories here report that business yet is dead, but all of them are 

 optimistic for a return to something like the production of last year before 

 the midsummer season. The furniture factories just south of Indianapolis 

 at Shelbyville, Ind., also report an increasing number of orders, which will 

 enable them to increase production soon. It is significant to note that all 

 hope for this sort of business is dead, since another factory Is being started 

 there. The talking machine cabinet industries here report that while 

 business in production is dead, reports from eastern manufacturers show 

 that the retail end of the business is picking up decidedly and they are 

 hoping to increase their production shortly. 



EVANSVILLE 



There has been little or no change in the market of the hardwood lum- 

 ber manufacturers in southern Indiana, southern Illinois and western and 

 northern Kentucky during the past two weeks. Manufacturers say that 

 in all their experience they have never seen business quite so dull and 

 they have stopped making predictions as to when there will be a real 

 revival in trade. The number of inquiries has increased some during the 

 past few weeks and collections have Improved and manufacturers are of 

 the opinion that things will get better soon. Only a few of the hardwood 

 mills in this section of the country are being operated now and indications 

 are that the plants that are closed down will not start up for some time. 

 Few logs are coming in from the southern logging centers at this time. 

 Many of the manufacturers are making no efforts to get logs. Prices are 

 unsatisfactory. One large lumber manufacturer here said the other day 

 that many of the local mills have sap gum on hand that cost them from 

 $70 to $90 per thousand feet to manufacture and tliat representatives of 

 southern mills have come here and offered this same kind of lumber for 

 figures as low as $25 a thousand. He said It was this sort of thing that 

 kept the market demoralized and that even people who are In the market 

 for lumber, are refusing to buy at figures offered them when they are so 

 low and that such action on the part of the manufacturers is causing 

 buyers to have less confidence in the future. Manufacturers say that 

 more sanity is needed just now on the part of men who have lumber to sell 

 and that they should not offer their products at a figure less than It cost 

 them to manufacture them. The retail lumber business has been rather 

 sluggish, although dealers profess to see signs of some improvement later 

 on. Building operations are rather slow to pick up although some of the 

 towns in southern Indiana have mapped out large building programs for 

 the coming year. 



MEMPHIS 



Hardwood interests at Memphis are feeling more cheerful over the situa- 

 tion than heretofore and are more confident than they have been at any 

 time this year that the "worst has been seen" and that "things are on 

 the mend." 



May we quote you on 

 our present stocks of 

 Southern Hardwoods 



Oak Poplar 



Chestnut Ash 



MANUTACTURERS 



BAND mills: 



rAYETTVILLE .TENN. 



BASS.ALA. 



rssrETTim.1.1: ,teiik. 



Tennessee Red Cedar 



Basswood Maple 



Elm Walnut 



OTHER HARDWOODS 



J. V. Stimson & Co. 



OWENSBORO 



KENTUCKY 



Regular Width and Lengths; Dry 



Ash Com. & Bet. 4/4 to 16/4 



Ash No. 2 Com. 4/4 to 8/4 



Chestnut Com. & Bet. 4/4 



Red Giun Com. & Bet. 4/4 to 8/4 



Qtd. Red Gum Com. & Bet. 4/4 to 8/4 



Qtd. Red Oak .FAS 3/4 to 8/4 



Qtd. Red Oak. . .No. 1 & 2 Com. 3/4 to 8/4 



Qtd. White Oak FAS 1/2 to 8/4 



Qtd. White Oak. .No. 1&2 Com. 5/8 to 8/4 



PI. Red Oak FAS 4/4 to 16/4 



PI. Red Oak.... No. 1&2 Com. 4/4 to 16/4 



PI. White Oak FAS 4/4 to 8/4 



PI. White Oak. . . .No. 1&2 Com 5/8 to 8/4 



Poplar All Grades 4/4 to 8/4 



You will like our careful method of handling 

 orders, either domestic or export for mixed 

 or straight car load shipments. 



BAND 



Owensboro, Ky. 



MILLS 



Campbellsville, Ky. 



