46 



HARDWOOD RKCORD 



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1013. 



RIEL-KADEL LUMBER COMPANY 



FOR IMMEDIATE SHIPMENT 



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New South Memphis, Tennessee 



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The Hardwood Market 



=< CHICAGO >• 



There bare been more sood sUod orders placed In Chicago In tbc last 

 rouplc of weeks than for some time and contlmied Improvement all along 

 tlK* line Is noted. The concrete character of the upward tendency of 

 the hardtvood trade locally Is conceded ctcd by those who were for a long 

 time skeptical. 



The furniture and similar factories are very busy and arc taking up 

 more In the way of the usual run of hardwood lumber and veneers than 

 they have for some time back. The yards are doing a good business 

 tKith to tbc building trades and to the wagonload trade going into smaller 

 f.ictories. Oak Is again establishing itself in good shape and in the 

 northern woods birch Is probably tbc leader. The flooring situation Is 

 In excellent i-hnpe and altogether the promise of continued prosperity, 

 with little likelihood "f thn Inventory •^eii'inn iilTictlng the purchases of 

 lumber. Is nndlspiitfl. 



--<, NEW YORK >.= 



The tmproTcment In lumber buying In this market noted In the last thirty 

 days seems to bo general and every line is dolnir an amount of business equal 

 til normal. The change has been very sudden and In not a few eases serious 

 ■ ! i'''-'!lty confronts the man who would put off buying when stock was being 

 1 at prices out of all line with values. What was a short time ago the 

 • ~t market for hardwoods Is now one of the busiest, and wholesalers 

 who were content to wait for better demand and fairer prices are now being 

 rewarded Prices are generally $1 to $3 higher than sixty days ago and 

 more lumber Is being move<l now than when the market was low. Local 

 yards and manufacturing plants arc not fully supplied and In some cases 

 arc short of much-needed material. The volume of consumption Is evidently 

 heavy enough to make for a prolonged period of trading, as available supplies 

 Ao not appear adeni:ate nor prices attractive for ro.nl stocking rp purposes. 

 I'he market has been visited recently by many men from mill points and the 

 ;.'nernl tone of business reports Is highly satisfactory. The greatest activ- 

 ity Is In southern hardwoods, which seem to be more difficult to obtain than 

 northern stocks. The whole list '.s showing an upward tendency in the 

 range of values. 



=-< BUFFALO >■ 



The hardwood trade Is sustaining the improvement recorded some 

 weeks ago, and there Is now more general report of an increased amount 

 of activity In various kinds of woodworking enterprises. These reports 

 say that factories arc running full time in the furniture trade, with a 

 prospect of continuing on that basis for some time to come. Plants 

 which have war orders of one kind and another are also very busy and 

 require a large quantity of hardwoods. Prices have been holding firm, 

 with some woods which are specialties bringing an unusually high figure. 



Maple is showing much activity and Is figuring to a large extent In 

 the business of most of the yards. Thick stock in this wood and ash is 

 being bought in fairly large quantities. Plain oak Is about holding its 

 own In volume of sales and Is firm In price, particularly for the better 

 grades. Quartered oak Is selling a little better than a few weeks ago. 

 Chestnut Is about holding its own. Cypress is not so active as a 

 month ago. 



•< PHILADELPHIA >. 



Hardwood trade in this city has conlinut.-d lo improve during the past 

 fortnight. Business is better than it had been for a long time. Every- 

 body wants to buy at once, and the chief question causing unrest just 

 now is where to place orders safely. Plain and quartered red and white 

 oak. chestnut in all grades, ash, basswood, birch, beech, gum and poplar 

 are all active, and show distinct signs of tightening in price. Mahogany, 

 Circassian walnut and all the fancy woods are selling freely and some 



prill' iidtuiicib arc io>!-<l. Wlitu- pluu Ih In uuod UiiuiiikI In all ||riid<-H 

 at firm prices, this Item being more active just now than at any other 

 time Hinee spring. Cypn-ss lumber and nblngles arc aeliing well, and 

 priws on certain grades are moving upward. Spruce amtlnues high and 

 firm, with further increaseg In price predicted. Hemlock Is scarce and 

 quotations are advancing. In fact the whole hardwood situation la 

 decidedly ph-jislni: nnd many ar»* ftredictlng a record-breaking buhlness 

 next ye:ir 



.^ PITTSBURGH >.= 



There Is a much better feeling prevailing among all the hardwood 

 men In the city. The big prosperity which has come lo the steel and 

 coke Interests Is beginning lo be fi'lt In hardwood circles. Ily the first 

 of the year It Is anticipated tb.'it a mere normal movement In the 

 buying of hardwood lumber will be seen. Prices are very firm. Some 

 firms say that they have quoted up ?2.00 only on good hardwood and 

 are able to get prices. Others contend that it will take a very short 

 time until prices ail along tbc line will be advanced In sympathy with 

 tbc higher quotations for yellow pine. Manufacturing trade Is increasing. 

 Railroads are taking more lumber and some requisitions are being put 

 out for 191(i as a feeler. Yard trade has been unusually good for the 

 season In many towns the past few weeks on account of the fine weather. 



=■< BALTIMORE >■- 



Some change for the hitler has taken place In tbc hardwood trade, 

 but the Improvement Is far less pronounced than In yellow pine. The 

 demand for most of the hardwoods Is still far from what It ought to be. 

 In some sections of the country a fair inquiry prevails and the needs 

 of the consumers have worked up to an encouraging point, but in others 

 progress is only slight, and the buyers continue to hold back. In North 

 Carolina and around York, Pa., for instance, furniture factories arc 

 rushed, and hardwoods have been taken up In very satisfactory volume, 

 but in northern New York and Canada the activities that call for the 

 use of hardwoods seem to lag, and buyers are relatively scarce. If 

 consumers go Into the market, they bold down to small proportions. 

 In the hardwoods the change for the better has hardly gone beyond a 

 stiffening of prices, a quotable advance being still a matter for the 

 future. This Is perhaps In large part due to tbc dependence of the 

 hardwoods upon tbc export business, which continues to be In a state 

 of demoralization. But the manufacturers of and dealers In hardwoods 

 are not without encouragement, and confidently look forward to partici- 

 pation In the general revival that has taken place and appears to gain 

 constant momentum. .Stocks of hardwoods are undergoing some reduc- 

 tion and prices are gradually firming up. 



=-< COLUMBUS >•- 



The hardwood trade In Columbus :iiir] central Ohio territory continues 

 rather active In every department. The volume of business is increas- 

 ing and lumbermen generally believe the worst of the depression Is over. 

 The best feature of the trade Is the demand on the part of retailers. 

 Dealers are stocking up to a limited degree, believing that the demand 

 will be good during the winter season. Some buying is being done by 

 factories engaged In making furniture and vehicles. The box trade Is 

 bujing better than formerly. 



Building operations are still fairly active and there Is a considerable 

 demand for finishing stocks. Indlcntions for active building during the 

 coming season are bright. 



Prices arc stronger in most Items. This is especially true of plain 

 oak where an advance of approximately one dollar per thousand has 

 been made recently. Quartered oak is also stronger. There Is a good 

 demand for chestnut and the better grades arc advancing. Poplar Is 

 one of the strong points and basswood and aab are In good demand. 

 Other hardwoods are unchanged. 



The car shortage is interfering with shipments to a limited extent. 

 The shortage Is rather severe on the Chesapeake & Ohio and some 

 other southern roads. Mill stocks are larger than a month ago. Most 

 of the orders placed at present are for Immediate shipment. 



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



