December 10, 1915 



HARDWOOD RECORD 



35 



buiiaing purposes in tbe Middle West, where great prosperity prevails 

 throughout the rural communities, has put the mills of Texas, Louisiana, 

 Arkansas and Mississippi upon full time, and in some instances double 

 time, and relieved the South Atlantic states of their competition. 

 Throughout the East the demand in the busy industrial towns and for 

 general purposes has become very active. Prices have been moving 

 rapidly back to normal figures. The Pacific coast mills, unfortunately, 

 are prevented from participating in the Atlantic coast business by the 

 closing of tbe Panama Canal, but they are sliaring with the northern and 

 southern mills in the improved conditions west of the Mississippi. 

 More Optimism from a Reliable Source 



Secretary W. II. Woller of the Hardwood Manufacturers' Association 

 of the United States lias been conducting an analysis of the ha"rdwood 

 situation throughout the country. He sent out the following report to 

 members : 



A careful canvas hy this ofiice of the hardwood producing mills of the 

 country and an analysis of reliable reports on the consuming territory 

 reveal a condition in hardwoods that has not existed for many months. 

 The paills report an activity in the demand for nearly all species of 

 hardwoods such as they have not experienced for several .years. It has 

 the snap and vigor of a real, live, permanent revival that has come 

 to stay. 



Most of the stocks which have been carried by the smaller mills have 

 practically been cleaned up. The larger mills report that in many grades 

 they are sold up to the green stock and that in some items lin" acute 

 shortage is threatened on account of the strong demand. Those in close 

 touch with and who are students of conditions are not bookine orders 

 except for immediate shipment, feeling that all things point to better 

 conditions In the near future for all kinds of hardwood lumber, includ- 

 ing bill oak, crossties and switch ties, which for some time past have 

 been in poor demand. 



On the other hand, our reports show the consumer is not carrying much 

 stock, in fact, his .stocks are much lower than they have been at any 

 time for many years. Tbe condition of the market "and the uncertainty 

 of business since the breaking out of the European war have not been 

 conducive to loading up very heavily, and most of the users of hardwood 

 lumber have been following the band-to-mouth policy of buying their 

 lumber as needed and working up the stock they already had on b.and. 

 They now find themselves in the face of an improving business situation 

 with inadequate supplies and are coming into the market with the defi- 

 nite purpose of doing business. 



Building permits in all of thq larger cities of the country, as shown 

 by carefully compiled figures, have increased greatly within the past few 

 weeks. 



The October report of actual sales of hardwood lumber, issued Novem- 

 ber ir», by this association, shows an increase in sales over the previous 

 month of ."il.l per cent. These figures coming in simultaneously with 

 other reports confirm our statement that the hardwood business is" better 

 and everything points to an era of prosperity. 



San Francisco's Triumph 



On December 4 the San Francisco fair closed its gates in a blaze of 

 glory. The great enterprise had made good. It had paid all its d'lits 

 and had more than a million dollars of profits in the treasury. California. 

 and especially San Francisco, put forth a great effort and succeeded in spite 

 of war abroad and business depression at home. The turnstiles at the 

 entrance gates recorded the passage of 18,750,000 persons. The fair at 

 San Diego will remain open another year and large numbers of exhibits 

 from the San Francisco Exposition will be installed there, and the southern 

 show will doubtless attract many persons who did not visit San Francisco. 

 The success recorded tor the western attractions was due largely to ad- 

 vertising. No stinginess was shown in the use of printers' ink, and results 

 speak for themselves. 



Lumber Rates in Missouri 

 The Public Service Commission of Missouri issued the following order 

 in the recent maximum rate and continuous mileage cases, allowing the 

 railroads in Missouri to put in effect the following rates January 1, lOlG : 



LUMBER RATES 



5 Miles 4.0 



10 Miles 4.2 



15 Miles 4.4 



20 Miles 4.6 



25 Miles 4.8 



.30 Miles 5.0 



Z5 Miles 5.1 



40 Miles 5.3 



45 Miles 5.4 



50 Miles 5.6 



55 Miles 5.8 



60 Miles 5.9 



65 Miles 6.1 



70 Miles 6.3 



75 Miles 6.4 



SO Miles 6.6 



85 Miles 6.7 



90 Miles 6.9 



95 miles 7.0 



100 Miles 7.1 



105 Miles 7.2 



110 Miles 7.4 



115 Miles 7.5 



120 Miles 7.6 



125 Miles 7.8 



130 .Miles 7.9 



135 Miles 8.0 



140 Miles 8.2 



145 Miles 8.3 



150 Miles 8.4 



For rates over two or more 



Miles 8.5 Cents 



Miles 8.6 Cents 



Miles 8.7 Cents 



Miles 8.8 Cents 



Miles 8.9 Cents 



Miles 9.0 Cents 



Miles 9.1 Cents 



Miles 9.2 Cents 



Miles 9.3 Cents 



Miles 9.4 Cents 



Miles 9.6 Cents 



Miles 9.7 Cents 



Miles 9.9 Cents 



Miles 10.0 Cents 



Miles 10.2 Cents 



Miles 10.3 Cents 



Miles 10.5 Cents 



Miles 10.6 Cents 



Miles 10.8 Cents 



Miles 10.9 Cents 



Miles 11.1 Cents 



Miles 11.2 Cents 



Miles 11.4 Cents 



Miles 11.5 Cents 



Miles 11.7 Cents 



Miles 11.8 Cents 



Miles 12.0 Cents 



Miles 12.1 Cents 



Miles 12.3 Cents 



Miles 12.5 Cents 



c to the above rates. 



TIE RATES 



Over one line. 1^2C less than lumber rates for equal distances, 

 over two or more lines, add l%c to tie rate. 



For rates 



A Tidewater Logging 

 Operation at 



HOLDING PRICE 



Good ground, highest quality timber, everything that 

 makes for value and for cheap and profitable logging. 



There are about one hundred and twenty-five millions 



on the present compact tract, which lies in front of an 

 area almost as well forested and more than three times 

 as large. The price is 



Less Than Two Dollars 



per thousand feet 



Logging, towing and delivering to market, jn- 

 rliidlng interest and depreciation, under proper 

 management, would be less than $5.50 per 

 thousiind feet. 



The logs, camp run, on a normal market, should 

 average at least $11 per thousand feet, owing to their 

 exceptional quality. 



Hence, the net profit to competent operators would 

 be $3.50 per thousand feet, or 175 per cent on a $2 

 investment. 



With th^ turning of the tide such opportunities ^vill 

 disappear from the market. 



We have our own detailed estimates, reports and topo- 

 graphic maps on this property — WE KNOW ITS WORTH. 



Application to one of our officers will bring complete 

 information to bona fide investors. 



James D. Lacey & Co, 



Timber Land Factors 

 Since 1880 



Chicago, 111., 

 1750 McCormick Building 



Portland, Ore., 

 1310 Northwestern Bank Building 



Seattle, Wash., 

 1009 Whire Building 



