HARDWOOD RECORD 



55 



to move stocks where they have accumulated. One of the worst features 

 of the trade is poor collections. 



Plain and quarter sawed oak is in fair demand, with prices well 

 maintained. There is a good movement of chestnut, especially the lower 

 grades. Popl.nr Is in good demand and the same is true of ash and 

 basswood. Automobile factories are buying wide sizes of poplar. Other 

 hardwoods are unchanged. 



=-< TOLEDO >= 



The bardwoofl situation, like the general lumber market hero, is show- 

 ing considerable improvement. There has been a pessimistic feeling 

 which could not be controlled, permeating the various lumber offices in 

 Toledo ever since the war broke out until about a week or two ago 

 when the clouds begun to break. Conditions since tben have showed 

 marUcd improvement. Buying has been confined for some time past to 

 actual needs. The call for immediate use, however, has been satisfactory, 

 resulting in enough business to keep things running. There has also been 

 some speculative buying, although this is confined to special bargains. 

 Poplar and cypress have been in good demand here and bringing fair 

 prices. The factory demand for hardwoods is better than for some time 

 past. It is also stated that railroads are placing more orders for equip- 

 ment than for months past, which is always haled as a big indicator by 

 local hardvi-ood dealers. Taken altogether there is considerable satisfac- 

 tion felt by local hardwood dealers, and wholesalers are almost a unit 

 in the belief that prices will be up following the inventories the first of 

 the year. 



< INDIANAPOLIS > 



There has been an increase in the number of inquiries received by bard- 

 wood manufacturers and wholesalers during the last two weeks. There 

 has also been a slight increase in sales, but the present volume of busi- 

 ness continues unsatisfactory. The outlook for the future, however, is 

 much brighter than it has been. 



Retail dealers have greatly depleted stocks, as they have bought from 

 hand to mouth for several months. Some of them are now getting in the 

 uotiou of stocking up on a conservative basis, in order to take advantage 

 of present prices. 



It is thought that the vast orders placed with Indiana manufacturers 

 for war equipment will soon reflect in an increased demand for hard- 

 woods. In fact, plentiful results already obtain in some parts of the 

 state, particularly in northern Indiana. 



Building operations are being resumed, because of a slight betterment 

 in the financial situation, which has made some money available for 

 loans for building purposes. 



=■< NASHVILLE >•- 



So material change is reported In the local hardwood lumber situation. 

 There is a pronounced policy of curtailment of output that is being felt 

 more as the time goes on. Many of the big plants are endeavoring to run 

 part time in order to keep their organizations intact, w'hile a number of 

 plants, particularly the small ones, have ceased operations. Some small 

 export shipments are being made to England, and some business is being 

 handled all along, hut no big business. There is little change in values, 

 dealers not seeing any advantage in reducing prices, as such a course does 

 not increase consumption. 



=-< BRISTOL >- 



The lumber business in this section continues very dull, but there is 

 a growing belief among the hardwood men that trade will pick up mate- 

 rially with the passing of the present year and that the early spring will 

 see the best market in a long while. ^A very small volume of business 

 Is being aone at this time and tew of the mills are in operation, most of 

 them having closed down in September and October, with the intention of 

 remaining closed until the early spring, unless conditions should sooner 

 justify resumption. Tbe situation is characterized here by a spirit of 

 optimism among the lumbermen generally. 



=■< ST. LOUIS >■- 



The call for hardwood during the past couple of weeks has been fairly 

 steady but the orders have been for small quantities. Tbe majority of 

 the local distributors do not anticipate any betterment in trade until the 

 period of inventory is over. Then tiiey are looking for a good, lively 

 demand from the many yards and consumers which have been allowing 

 their stocks to run down to a very low point. This promise of a resump- 

 tion of trade is steadying prices. There will be a still further strengthen- 

 ing in prices as the new year draws near. There is a fairly good cypress 

 trade, especially where mixed cars of stock are concerned. The orders ar*- 

 uot for stocking up purposes, however, but only for immediate use. 

 Steady prices are being maintained. .\ better demand is anticipated 

 shortly, especially from country yards in the East and Southeast. 



=-< LOUISVILLE y- 



December is usually a light month in the hardwood trade, and local 

 lumbermen expect this to prove no exception to the rule. The habit of 

 postponing purchases until after the first of tbe year Is still strong with 



Paepcke Leicht Lumber Co. 



Conway Building 111 W. Washington Street 



CHICAGO, ILLINOIS 



PLAIN WHITE OAK 



4/4" Ists and 2nds 150.000' 



4/4" No. 1 Common 225.000 



4/4" No. 2 Common 1.10.000' 



5/4" Ists and 2nd8 50.000' 



5'4" No. 1 Common 25.000' 



5/4" No. 2 Common 10.000' 



6/4" Ists and 2nds 50.000' 



6'4" No. 1 Common 50.000' 



6/4" No. 2 Common 12.000' 



8/4" Ists and 2nds So.OOO" 



8/4" No. 1 Common 50.000' 



QUARTERED WHITE OAK 



4/4" No. 1 CommMO 100.000' 



4/4" No. 2 Common 50.000' 



5/4" Ists and 2nds 2.5.1100' 



5/4" No. 1 Common 50.000' 



5/4" No. 2 Common 8.000' 



C'4" No. 1 Common 50.000 



6/4" No. 2 Common 2.000' 



8'4" Ists and 2nds 12.000' 



8/4" No. 1 Common 35.000 



8/4" No. 2 Common 4.000' 



SAP GUM 



4/4" Ists and 2nds 25,000' 



5/4" Ists and 2nds 150.000' 



6/4" Ists and 2nfls 125,000 



WHITE ASH 



4/4" No. 1 Common and Better 12.000' 



5/4" No. 1 Common and Better 15.000' 



6 4" No. 1 Common and Better 5.U00' 



16/4" No. 1 Common and Better 25.000' 



PLAIN RED OAK 



4/4" Ists and 2nds 100.000' 



4/4" No. 1 Common 200.000' 



4/4" No. 2 Common 100.000' 



5/4" Ists and 2nds 50.000' 



5/4" No. 1 Common 100.000' 



5/4" No. 2 Common 15.000' 



6/4" Ists and 2nds 75.000' 



6/4" No. 1 Common 80.000 



RED GUM 



4/4" Ists and 2nds 75.000' 



4/4" No. 1 Common 70.000 



5/4" Ists and 2nrts 75.000' 



5/4" No. 1 Common 100,000 



6 '4" Ists and 2nds 75.000 



6/4" No. 1 Common 50.000 



8/4" Ists and 2nds 50.000' 



8/4" No. 1 Common 25.000 



COTTONWOOD 



4/4" Box Boards, G-8 " 10.000' 



4/4" Box Boards, 9-10" 50.000 



4'4" Bnx Boards. 11-12" 50.000 



4/4" Box Boards, 13-17" 100.000 



4/4" Ists and 2nds. 6-12" 100.000 



4/4" Ists and 2nds, 13" and up 50,000 



5/4" Ists and 2nds. 6" and up 25.000 



5/4" Ists and 2nds, 8-9" 22.000' 



6/4" Ists and 2nds. 10" and up 50.000 



SOFT ELM 



6/4" No. 2 Common and Better 250.000' 



12/4" No. 2 Common and Better 200,000' 



Above Stock is all dry and of our own 

 production, from good logs. Consists of 

 good widths and lengths; is band sawed and 

 carefully edged and trimmed. 



WRITE. PHONE OR WIRE 

 FOR PRICKS 



Paepcke Leicht Lumber Co. 



Conway Building 111 W. Washington St. 



CHICAGO, ILLINOIS 



