January 10, 1916 



H A R D W O-O D RECORD 



51 



stock in many items, and even the increased activities of the mills will 

 not help immediately, as the lumber they have been cutting up will not lie 

 shipping dry for some time. Hence the effect of the big demand and the 

 reduced supplies will undoubtedly be better prices. 



=-< ST. LOUIS >-= 



There is a seasonably good demand tor all items on the hardwood list. 

 Prices continue firm. Prospects favor the belief that many items of 

 stock, that are now very short, will be pretty well cleaned up before the 

 new cut is ready for shipment. Gum in the lower grades is in good 

 demand. Plain and quarter-sawed oak is also in good request. The 

 cypress situation is improving and is more encouraging than it has been 

 for some time, and prices are increasing. 



=•< MILWAUKEE >■: 



While the hardwood trade Is still a little quiet, due to the fact that 

 most of the factory concerns are still in the midst of their annual inven- 

 tory-taking, business is decidedly better than at this time a year ago and 

 the prospects are exceptionally good. Local lumber manufacturers are 

 well satisfied with the revival during the last few months and they are 

 confident that even better business will be had during the new year. 



The building investment in Milwaukee during 1915 showed a gain of 

 more than $2,000,00(1, according to figures prepared by the building 

 inspector, who is confident that there will be at least $17,000,000 ex- 

 pended for building work in Milwaukee during 1916, basing his predictions 

 upon the large building projects actually under way or planned. During 

 December 166 permits were granted for buildings to cost $760,467, as 

 against 132 permits and an expenditure of $430,007 during the corre- 

 sponding month a year ago. 



Stocks in the hardwood line are especially light. A shortage In some 

 lines, particularly dry birch. No. 1 and No. 2, is anticipated soon. The 

 market here is holding strong and the recent advances are expected to 

 be maintained throughout the coming year. Birch, maple and basswood 

 are selling well and a scarcity is reported, particularly In low grade stuff. 



Fred J. Schroeder, secretary-treasurer of the John Schroeder Lumlier 

 Company of Milwaukee, like most of the lumbermen in the city, is taking 

 an optimistic view of business conditions and is looking forward to a 

 most satisfactory year. Mr. Schroeder says that the Increasing demand 

 for lumber for factory and warehouse construction, as well as for commer- 

 cial purposes. Indicates the approach of a sound and prosperous business 

 period. Healthier conditions Indicate that the demand for lumber is 

 approaching normal and that even now it is firmer and more steady than 

 it has been for months past, so that lumbermen are entering the new year 

 confident of better business ^onditinus. 



=-< GLASGOW y- 



The volume of business passing in this market remains unchanged, al- 

 though quite a large proportion of it consists of government orders. Ship- 

 building has been enquiring after one or two staples, but to no great extent. 

 These have been confined to elm, teak, pitch pine, and quite recently a 

 small lot of waney boardwood was .sold. Spruce deals continue to take up 

 attention and it Is thought that before long a scarcity is bound to be felt. 

 Several large lines have changed hands during the past few days, and that 

 at enhanced figures. Scantling sizes are what is being most enquired after, 

 and no great stocks of these are in the market. The freight rates now being 

 asked range from ISO/- to 200/-, and there Is no reason to suppose that they 

 will not appreciate further. • 



Yellow pine deals are not meeting with very good demand, due perhaps to 

 the prices being asked, and certainly the lull will be only temporary. The 

 lower grades continue to take up the attention of buyers, and only an oc- 

 casional sale of first grade Is reported. Birch logs have been selling well, 

 also planks, and now that there are small stocks of either, the prices are 

 decidedly firm. American hardwoods are in fair request, and good clear- 

 ances have been made from the past few arrivals. Some contracts have 

 been made for wagon oak planks and railway oak scantling. 



The S.S. "Livonia" from Quebec, after delivering part of her cargo at 

 Glasgow — spruce and birch deals — discharged at Greenock : 99 logs wancy 

 boardwood, .500 logs elm, 300 logs birch. 24 logs whitewood, 110 logs oak. 

 The elm and birch seem to be about the only items which have attracted 

 attention so far. Pitch pine, like spruce deals. Is growing in price every 

 day, and as there is very little opposition in the way from Oregon pine, 

 there is no reason why the price will not continue its upward flight. 



The last of the season's arrivals from Montreal came on the S.S. 

 "Athenia," and contained principally spruce and pine deals. 



Deliveries from the docks during the past month have been very much 

 hampered owing to the severe frost and snow. A welcome change in the 

 atmospheric conditions has taken place now, so that deliveries will proceed 

 as briskly as possible. However, shipments to this port have been on a 

 heavy scale recently, and great diflSculty has been experienced in the han- 

 dling of same. In many cases, try as they might, importers have been un- 

 able to cope with the traffic, with the result that the wharfage is very much 

 congested, and quay recent penalty accounts have been rendered by the 

 harbor authorities. The feeling is that the Clyde trustees are dealing very 

 harshly in this matter, In view of the extraordinary conditions prevailing on 

 account of the war. Not only is there a scarcity of labor, but a pronounced 

 shortage of horses and motor vehicles. 



FARRIS HARDWOOD LUMBER CO. 



Mamifacturers Band-uwn 



SOUTHERN HARDWOODS 



NASHVILLE, TENN. 



DUGAN LUMBER CO. 



Hardwood Lumber 



TENNESSEE 



Manufacturers 

 and Shippers 



MEMPHIS 



Mutual Fire Insurance 



Best Indemnity at Lowest Net Cost 

 Can Be Obtained From 



Boston, Mas*. 



The Lumber Mutual Fire Insurance Company, 



The Lumbermen's Mutual Insurance Company, 



Mansfield, Ohio. 



The Pennsylvania Lumbermen's Mutual Fire Insurance Company, 



Philadelphia, Pa. 



The Indiana Lumbermen's Mutual Insurance Company, 



Indianapolis, ind. 



The Central Manufacturers' Mutual Insurance Company, 



Van Wert, Onio 



Dry Band Sawn Hardwoods for Prompt Shipment 



60M 4/4 No. 1 Com. & Btr. Basswood 



20M 6/4 FAS Basswood 



20M 4/4 No, 2 Com. Red Oak 

 400M 4/4 No. 3 Com. Hard Maple 

 lOOM 8/4 No. 3 Com. Hard Maple 



15M 4/4 No. 1 Com. & Btr. Curly Birch 



1.5M 6/4 No. 1 Com. & Btr. Unsel. Birch 

 20M 8/4 No. 1 Com. & Btr. Unsel. Birch 

 12M 6/4 No. 2 Com. & Btr. Rock Elm 

 25M 4/4 No. 2 Com. & Btr. Soft Elm 

 75M 4/4 No. 3 Cora. Soft Elm 

 60M 6/4 No. 3 Com. Soft Elm 



Arpin Hardwood Lumber Co., Atlanta, Wisconsin 



The Tegge Lumber Go. 



High Grade 



Northern and Southern 



Hardwoods and Mahogany 



Specialties 



OAK, MAPLE, CYPRESS, POPLAR 

 Milwaukee, Wisconsin 



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



