HARDWOOD RECORD 



55 



remunerative prices. Niinieroiis plauts did not resume after the liollday 

 auspenaion, and as a result offerings of lumber of good quality and in 

 proper sbapo for shipment are not beavy. Tlie buyers, on the other hand. 

 are feeling tbeir way rantiously, and this ti'nds to neutralize the i-ffect 

 of the reduced output, with the result th;it conditions arc practically 

 unchanged. In consequence of the indifferent inquiry the range of 

 prices is far lower tliau could be desired ; a wide variation In the quo- 

 tations also prevails, so that the sellers are frequently at a loss to know 

 just what prices to name. A fairiv definite ' asis of values seems to be 

 wanting, and in the absence of such a guide the figures furnlshi'd are 

 frequently far apart. Assortment in yards are very much t)roken, and 

 salesmen quick to see deficiencies are in a position to point out conditions 

 which may not always receive proper attention from the yardmen. In 

 this way sales are perhaps often mad<' when, without such reminders. 

 the buyer would feel that he has no needs t() meet. The unsettiement 

 in prices applies to the whole list and grows <mt of the peculiar conditions 

 that prevail and that leave the retailers and consumers in a state of 

 uncertainty as to what their requirements will be. The furniture expo- 

 sitions have closed, but manufacturers have not obtained so clear a view 

 of the future as they ought to have to place orders with any sort of 

 freedom. Hence it is not easy to get orders, though business continues 

 to come in when least expected, and effort on the part of salesmen is 

 productive of better results now than was the case not long ago. 

 Orders to meet probable future needs are wanting, and confidence has not 

 ye^ reached a point where commitments are entered into with any 

 freedom, though a considerably better feeling prevails. 



The foreign situation is receiving close attention. With ocean freight 

 rates up to prohibitive figures where the steamship companies have not 

 decreed a complete embargo, the outlook is by no means encouraging, 

 and with the outcome of the war still much of a question and the end 

 not In sight, further disturbances must be looked for. It should be said. 

 however, that the needs of tlie British government appear to have 

 become pressing, and the requirements there as well as in France and 

 in the neutral countries are almost certain to stimulate the movement. 

 Prices may be expected to advance, and the shippers with unsold stocks 

 on the other side .stand an excellent chance to realize liberal good 



returns. 



=-< COLUMBUS >•- 



The hardwood trado in Columbus and central Ohio has been fairly 

 active during the past fortnight. More steadiness is shown and on the 

 whole there is a better tone to the market. Future prospects appear 

 to be improving; and since there is a bright outlook for building opera- 

 tions in the spring, it is expected the lumber trade will be more active. 

 Buying is pretty evenly divided between factories and yardmen. Dealers' 

 stocks are still rather light and there is a disposition to increase them 

 to a limited extent. Buying is well distributed over the list of grades 

 and varieties, and shipments are coming out fairly promptly. One of the 

 best features is the fact that dry stocks in the hands of mill owners are 

 not large and lower prices are believed to l)e out of the question. 



Manufacturers making vehicles and implements are laying in stocks. 

 Furniture factories have not been buying to any extent but they are 

 expected to be in the market in the near future. A better feeling is 

 shown in industrial circles and this is being reflected in the hardwood 

 business. 



Prices have been fairly well maintained at the levels which have pre 

 vailed since the holidays. Some cutting of prices is reported where 

 stocks have accumulated but this is not sufficient to demoralize the 

 market in the least. There is no tendency to reduce prices further. 

 Collections are bad all along the line and this is one of the worst features. 



Quartered and plain oak are in fairly good demand and prices are 

 firm. Chestnut is steady, there being an exceptionally good demand for 

 sound wormy. Poplar is moving better although some slowness in de- 

 mand. Ash and basswood are holding their own and the volume of 

 business is about up to the usual amount. Other hardwoods are un- 

 changed. 



=-< CINCINNATI y- 



Marltet conditions are still improving slightly and within another 

 month or so dealers expect to find orders coming in in a satisfactory 

 manner. The furniture trade, which has been more backward than 

 any of the lumber consuming industries, is showing signs of improve- 

 ment and much hope is held out to the lumber trade on this account. 

 This source of consumption is liadly needed to take care of the medium 

 grades of hardwoods, and when this class of stock begins moving the 

 situation will be much improved. The implement trade Is doing very 

 well and taking in a fair quantity of the specialties that thi. trade re- 

 quires. This is true of the wagon trade also. There is inucli improve- 

 ment in the planing mill industry. Prospects for a good building season 

 all over this section are good. Inquiries covering most all items on the 

 hardwood list are numerous, but it is either the upper grades or the 

 low grades that are moving. 



Plain and quartered oak are moving fairly well. IN.plar Is slow but 

 said to be improving slightly. Demand for chestnut seems to be a little 

 better. Red and sap gum are in light request, the latter being In better 

 call than the former. Ash is in excellent request and maple sells well 

 and is improving nicely. Dealers do not look for better prices until 

 the general demand thpy expect in the ne\t sixty days arrives. 



V E 



E E R 



Kentucky Veneer Works 



HIGH-GRADE— WELL-MANUFACTURED 



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Louisville 



Kentucky 



SINGLE PLY ROTARY CUT 



Thin Lumber and Veneers, Poplar, Gum, 

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The best that choice logs, 1914 Equip- 

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WRITE FOR OUR LIST OF RANDOM 

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Old Dominion Veneer Company 



NORTH EMPORIA, VIRGINIA 



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in Gum 

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Memphis boxiois Tennessee 



