Octoljcr 2."!. 1915. 



HARDWOOD RECORD 



45 



is increasing in volume ami price. wbHo cvpross and cedar sliingies are 

 hotli in steady call. Summed up from all angles, tlio situation is extremily 

 pleasing, witli better things in view for tlie fniuie. 



--<, BUFFALO >• 



The hardwood trade is on the iuerea.sc and an advance in price has 

 occurred in the better grades of lumber. Certain woods are showing the 

 same bullc of the bu.ving as for some weeks past and there is not much trouble 

 in disposing of lumber at a fair price. Many industries are now biisier than 

 tliey have been for a long time and it seems probable that trade will bo on a 

 fairly large scale for some time. The yards are now pretty will supplied 

 with a good assortment of stoclv. 



Plain oak in the better grades is bringing a better i)rice anci tiie demand 

 is fair, though in common grades stock is quite plentiful. Maple and ash are 

 in greatest demand at the different yards. Most yards report an increased 

 Inisiness in them during the past month. Cypress is holding up well in 

 price and volume of business. Not much cill Is heard for poplar at present. 

 Mahogany and quartered oak are (luiei. 



=-< PITTSBURGH >-= 



The lumber business is "perking" up. It couldn't help it n-ally with pay- 

 rolls in greater Pittsburgh running over $1.()()U.000 per day and bank 

 clearings over $9,000,000 per day. All through the district steel operations 

 are going on at practically full capacity. Nfw plants and additions are be- 

 ing built wliich are calling for a large amount of lumber. The requisitions 

 for next year will bo far larger than they were last January. The coal and 

 coke business is improving steadily and from this source there is also con 

 siderable trade forthcoming. Yard trade is also slightly improved the 

 past week or two owing to the fine weather. Prices on hardwoods are grad- 

 ually getting higher and stocks at the iidlls are not too heavy. 



=-< BOSTON y- 



The hardwood situation continues favorable both as to demand and vaUu's. 

 It is expected that it will take its usual course in assuming greater activity 

 following the noticeable improvement in all other kinds of lumber in this 

 district. Construction and building lumber has rapidly passed through the 

 stages of difficulty in placing orders, buying to anticipate an upward mar- 

 ket, and reached a generally higher level in prices. The building reports 

 show only one September which exceeded this year in value of new construc- 

 tion, the increasing activity in manufacturing of nearly every kind and the 

 fact that hardwood producing has been on a conservative scale are all factors 

 which are maintaining steady values in the face of a relatively moderate call 

 for stock, and the same influences underlie the whole situation to tlie extent 

 that in practically every item on the list the demand would speedily exceed 

 The supply upon a resumption of buying in volume. Many in the trade 

 predict this condition with its corresponding effect on values. 



=< BALTIMORE >•- 



The hardwood situation shows still further evidence of improvement in 

 some directions, even though in others conditions are much the same as 

 they have been. Further progress appears to have been made in the way of 

 a better demand from the railroads, furniture factories and various other 

 consumers, and the movement has attained proportions that cause the 

 raillmen to consider increasing their production. Prices are about the same 

 as they have been, though there is some gain in firmness. The backwardness 

 about placing orders appears to be giving place slowly to the growing re- 

 (luirements of the trade. With all other lines showing marked gains, it 

 was to he expected that hardwoods would also reflect the improvement in 

 course of time. This has been slower in coming than had been supposed, 

 but there seems to be no doubt about the reality of the recovery. The rail- 

 roads are far more receptive to offers than they were, and the car building 

 shops, of course, also place orders with much greater freedom, while the 

 furniture factories see encouraging prospects for their business. Manufac- 

 turers of the cheaper grades of furniture in the South are reported to he 

 very busy at this time, and they are taking up hardwoods in impressive 

 quantities. Other consumers are likewise in the market, and it looks as 

 though the entire domestic business had been influenced for the better. 



Exports present a less favorable aspect. Congestion continues to prevail 

 at some of the large centers of the hardwood trade abroad, notably at Lon- 

 don. Liverpool and Glasgow, with the ocean freight rates uncertain and the 

 range of prices under marked pressure. While it must be admitted that 

 considerable quantities of the hardwoods left on the market do not exactly 

 meet the requirements of the foreign consumers, it is also to be said that 

 with the offerings limited and the demand free, these stocks would com- 

 mand takers quickly enough, and it is only because the assortments are so 

 large that the buyers become captious and insist upon naming their own 

 terms and conditions. No decided improvement is to be looked for until a 

 curtailment of forwardings has resulted in a reduction of the foreign holdings 

 to reasonable proportions. 



=-< COLUMBUS >- 



The hardwood trade in Columbus and central Ohio territory has been 

 fairly active during the past fortnight. The pleasant weather which has 

 prevailed has favored building operations and consequently dealers are in 

 the market. The tone of the trade is good and lumbermen generally believe 

 that the worst of the depression is over. 



Good Lumber Properly Handled 



Brown & Hackney 



INCORPORATED 



Makei-s of 



St. Francis Basin 

 Hardwoods 



SALES OFFICE: 

 BANK OF COMMERCE & TRUST BUILDING 



MEMPHIS, TENN. 



MILI^ AT MOUNDS, ARK. 



Rotary Gut Veneers 



in Gum 

 in Oak 

 in Asli 



Flat Drawer Bottoms 



Band Sawn Hardwood Lumber 



All kinds 

 All grades 

 All thickness 



Made fcp ourselves 

 In our own mills 



Stimson Veneer & Lumber Co. 



Memphis b.xiois Tennessee 



All Three of Us Will Be Benefited if You Mention HARDWOOD RECORD 



