42 



HAKDWOOD RECORD 



The White Lake Lumber Co. 



People* Gas BIdg., CHICAGO, ILL. 



Northern and Southern Hardwoods 



CAR STOCK 

 WHITE PINE YELLOW PINE 



High QuaUtv — Prompt DeUveiy 



WE WANT TO MOVE AT ONCE 



5 cars 1'' 1st and 2ncl Basswood 



3 cars 1^' No. 1 Common Basswood 



„ _. 3 cars 1" No. 3 Common Basswood 



Send u4 » --v i n « 



ifeur inquiries 15 cars 1 Oak — all grades 



Rockcastle Lumber Co. 

 C. L. Ritter Lumber Co. 



OAK-Plain and Quartered, RED AND WHITE 

 POPLAR CHESTNUT BASSWOOD 



Anything in Hardwoods 



Huntington West Virginia 



Revived Inland Navigation 



Our cargo of 350,000 feet of Oak and 

 Gum from our Jeffris, La., mill on its 

 way up the Mississippi River on the 

 new Gas Producing, Self Propelled 

 Steel Barge. 



This cargo was unloaded at St. Louis, Mo., 

 and Alton, 111., on August 1st and 2nd 



WE HAVE MORE IN STOCK 



D. K. Jeffris & Co. 



CHICAGO 



HARDWOODS TKT.T O'W PIMR 



CONCOKDIA LAND * TIMBER CO. SIANCHKSTER SAW RHLLS 

 JelTrls, La. Mancheiiter, Ala. 



in an effort to obtain a toy factory for the upper peninsula. The 

 abund.ince of liardwoods and excellent shipping facilities are among the 

 attractions of the upper peninsula. 



The Helena Land & Lumber Company has been formed at Escaaaba 

 with .lohu K. Stack, Jr., as president. The company has acquired a 

 large tract of timber near Little Lake, on the Northwestern railroad 

 and will .erect a sawmill In the spring. A logging railroad five miles 

 long is now being built into the timber. 



The Hardwood Market 



< CHICAGO >• 



The local situation is characterized mainly by inactivity resulting irom 

 stock taking, but with very distinct and highly encouraging suggestions 

 of business for the first of the year, when the necessary repairs are com- 

 pleted and inventory taking is over. 



A pretty close study of the situation locally develops that the average 

 factory yard is not at all well stocked, and that most of the factory buyers 

 are making definite plans for filling up broken linos as quickly as possible. 

 Of course a great deal depends on the furniture exhibits, but as a general 

 thing there is a very distinct feeling among the furniture people that these 

 shows are going to develop a surprisingly good line of business. 



The local yards for the most part have not been buying in any quantities, 

 and arc not now doing so .is they in turn are holding up awaiting action 

 of their customers. 



The building situation is not unduly inactive and shows a distinct evi- 

 dence of a general awakening. When this is effected, and with the factory 

 trade demanding fair quantities of lumber, the situation will be much 

 more favorable. 



.\s a matter of fact local business has been quite a little better during 

 the past few weeks and a definite price level seems to have been reached 

 with a very likely probability that future development will be much more 

 favorable. 



=-< NEW YORK >.= 



Nothing of interest Is doing in the local lumber market. Sales are 

 at a low stage and no large amount of business is expected for the uext 

 few weeks. It is safe to say that stock taking will reveal a generally 

 scarce supply on hand and if the ledger Is favorable there should be 

 some good demand for early January. Prices are so irregular that all 

 discussion of this phase could well be dispensed with. Conservative 

 bouses are holding firm but there are many who are ready to move 

 lumber at ridiculous prices. 



The stock exchange has resumed operations on a basis almost normal 

 pnd more activity in tlic money market may now be looked for. The 

 rate decision is another feature of some concern and will indirectly have 

 some influence on the local lumber market, though this will, of course, be 

 somewhat delayed. The building outlook Is fair In some sections, prin- 

 cipally in the suburbs and this will tend to keep the market engaged to 

 some degree. It rests largely with the dealers whether they make any 

 money on the business offered ; competition is one thing and price cut- 

 ting Is another. The former is an element that can be met while the 

 latter is a disturbing factor which results in ruin and demoralization. 



=•< BUFFALO y 



The i'ardwood market is on a quiet basis, with little stock moving 

 tor immediate shipment. This is the usual state of affairs at the end of 

 the year and there is an optimistic spirit as to the prospects for business 

 soon after the year opens. The present state of prices is unsatisfactory, 

 but there is not quite so much lumber offering from the mills as a short 

 time ago and it is felt that prices must stiffen before long. Some people 

 believe th.it within sixty to ninety tlays the market will be a great 

 deal stronger. 



Plain oak and maple are as usual among the woods chiefly in demand, 

 though quantities selling are not at all large. Thick maple has been 

 doing better at some yards. Quartered oak is firmer than most other 

 woods and some dealers have been moving quite a fair amount of stock. 

 Poplar lias been quiet for a number of weeks. White ash Is said to be a 

 little less common than a few weeks ago. Brown ash is one of the special- 

 ties in pretty good sale. Cypress is firmer In price and some dealers are 

 selling more of, It at present than a month ago. 



P.uildlng operations have been interfered with by stormy weather as 

 well as the lack of available funds from banks to carry on operations. 

 Very few plans are being filed at present and the last few weeks of the 

 year are running behind a year ago. Still the year's showing has been 

 pretty fair, as compared with other recent years 



•< PHILADELPHIA > 



As 1914 with Its disjointed trading nears Its close, the closing of books 

 and taking off of balance sheets, as customary at this time. Is In order 

 and until complete, buying will be restricted to only actual requirements. 



