50 



HARDWOOD KECOKD 



lircrmbrr 2.'>. H^I^ 



Specializinp in Heavy 

 Ash, Oak, Hickory and 

 Thin Oak and Gum 



E. Sondheimer Co- 



MEMPHIS, 



TENNESSEE 



WHOLESALE 



Mcuiufactut'crs 

 and Exporters 



Wire Orders Loaded Same Day Received 



=•< BUFFALO >-= 



You Can See Logs Like These 

 on Our Yard Any Day 



STIMSON 



VENEER AND LUMBER 

 COMPANY, INC. 



p. O. Box 1015 Memphis, Tenn. 



MANUFACTURERS 



Hardwood Lumber, Rotary Cut 

 Veneers, Rotary Cut Gum Faces, 

 Cross Banding and Cores. 



A B<^npriil report of liiiiiruvrnu nt U innclc ii( tlio linrdwnoil ynnlH. 

 PrlcCT nrn (Iriiu'r niicl cimtoniprci bualcr. Kumltiir"- fiirlorlrn nn- norklni; 

 nctlrcly and otiii-r woodworking plnnK linvc n koikI run of htmlm-iia. 

 Then- l» \en» lionrd llinn uxunl of holding off on nrcount of tlic Inventory 

 npiiiion nnd the Interruption will not piny no Rn-ot n piirt till* year as 

 In Home otherii, IliiNlncNH linH ntnrted up ito Inte thnt inoHt huyorH nr& 

 anxlouH to Inko ndvnnlnKe to the fiillext extent In the Improvement. The 

 local yard* have been nddlne to their atocka, aa aaaortmenta have been 

 a Bood deal depleted. 



Thick mnple Ih much In dimniid In thin market and a number of 

 yarilii report kooM Bnle«. oilier itriideH of maple nre nlno movlns well, 

 with a InrRc demnnd for crntInK Block. Plain oak Ix heRliinlnR to Btlffen 

 up In price niid ileniiiiid Ih InrKer. QiiarlrriKl oak li holding about ateady, 

 not hnvtnK nt any lime this yeiir i*hown any particular weakneKN. Poplar 

 Is dolnic better, while bnBHWOod In quiet. Chestnut In not dolnK much at 

 most yiirds. Thick n»h Ik sllll wanted In liirge quantity, and some sales 

 of walnut are being made, thouRb prices arc not as stiff as they were. 



-< BOSTON y- 



The current season, which l.s usually one of low tone In the hardwood 

 trade, has continued to show unexpected activity. The volume of Inquiry 

 Is far above the normal wllh a heavy proportion of actual purcbaslni;. 

 While the great amount of buying In softwood following so closely on 

 the depressed period Is held by some to effect an unwarranted extension 

 of credit In the trade, the same does not apply to hardwoods, the greater 

 part of the buying being to secure stock for constantly Increasing orders. 

 The speculative buying In softwoo<I caused by the extreme advances In 

 price Is also absent In hardwood transactions where the Increases Id 

 values both current nnd In prospect nre not so deflnlte. Local quotations 

 Indicate plain onk n little higher, quartered oak scarce nnd considerably 

 firmer In price, nsh very strong but In light demand, maple and beech 

 active with a strong market, cherry being used but slightly and no heavy 

 offerings. Black walnut has a steady but mo<lcrnte call at no Increased 

 prices (with the exception of stock suitable for the munition manufac- 

 turers) and poplar gives no Indication of assuming Its former place In 

 popularity or value, though some thicknesses are being called for In the 

 making of "cases" for the large volume of shell sblpmcDta being made. 



=■< BALTIMORE >= 



While It Is only natural that with the approach of the holidays an<t 

 the end of the year the hardwood trade should abate some of Its activity, 

 this is not to he regarded as a sign of weakness. When allowance Is made 

 for this periodical slowing down, the hordwoods are in good shape, with 

 the demand quite brisk, nnd the range of prlci-s encouraging. If the ad- 

 vance Is not so great as In some other classifications, especially yellow 

 pine, the main reason Is In the fact that hardwoods at the worst did not 

 reach so low n point as that scored by the softer woods. To be sure, 

 some sections have shown little or no Improvement. This applies espe- 

 cially to Cnnada and the adjacent territory dependent upon the Dominion, 

 where the recruiting of large numbers of men for the British army has 

 unsettled business and hence lessened the purchasing ability of the peo- 

 ple. Much substitution Is being practiced, the Canadians shifting to their 

 own woods wherever possible. This affects the hardwood trade In the 

 northern sections to a material extent. The regions farther south and 

 consequently little or not at all dependent upon the Dominion show a 

 better tone, ond seem to be getting back to a normal demand, vilth Im- 

 portant gains noted In nil the woods generally used. The better grades 

 of poplar and sound wormy chestnut arc undergoing recovery at substan- 

 tial price Increases. The one portion of the business which has not only 

 shown no Improvement, but faces serious checks. Is the exports. Mnny 

 of the exporters have orders In hand, but cannot find the vessels to take 

 the shipments. Sailings to various ports hnvc been prnctlcnlly suspended, 

 and the outlook Is very discouraging. 



=-< COLUMBUS > 



The hnrdwood trnde In rolumbus territory during the pnst fortnight 

 has been rather active. In spite of the approach of the holiday season 

 nnd the semiannual Inventory period. Dealers are buying to replenish 

 stocks and a large part of the orders are for shipment Immediately after 

 the first of the year. The tone of the mnrkct Is much better In every 

 respect and future prospects arc brighter. 



Prices are rather firm. All changes which have been announced recently 

 have been towards higher levels. This Is especially true In quartered- 

 and plain onk and In poplar. Chestnut Is still one of the strongest points 

 In the market and sound wormy Is especially active. Basswood Is Arm 

 and the same Is true of ash. 



The car shortage Is having Its effect on the market nt this time. Ship- 

 ments are delayed and prices have been Influenced. The shortage Is the 

 most marked on southern roads. It Is believed that the lack of cars 

 will grow worse as the winter season ndvnnces. 



While buying Is pretty equnlly divided between retailers and factories, 

 still the former are the better customers at this time. Retailers' stocks 

 are light and tliey arc now making a stronger effort to accumulate a 



All Three of U. Will Be Benefited if You Mention HARDWOOD RECORD 



