56 



HARDWOOD RECORD 



Paepcke Leicht Lumber Co. 



Conway Building 111 W. Washington Street 



CHICAGO 



RED GUM 



AMERICA'S FINEST CABINET WOOD 



Consider its good qualities. 



It has strength. 



Can be brought to a very smooth sur- 

 face and consequently will take 

 high polish in finishing. 



Will not split easily. 



Runs strong to wide widths and long 

 lengths. 



Is not easily marred or dented. 



It can be supplied flat and straight — 

 free of warp and twist. 



Has beauty, color, life and character. 



Considering its numerous good quali- 

 ties, it is the lowest priced good 

 hardwood on the market today. 



We are the largest producers of Gum 

 in the world. 



Have a large and well assorted stock 

 on hand at all times. 



Can manufacture special thicknesses 

 on short notice. 



We guarantee 



QUICK SHIPMENTS 

 GOOD GRADES 

 DRY STOCK 

 GOOD WIDTHS 

 GOOD LENGTHS 

 SATISFACTION 



Band mills at 



HELENA, ARK. BLYTHEVILLE, ARK. 



GREENVILLE, MISS. 



Write, phont or tcire for prices 



=■< TOLEDO >= 



Paepcke Leicht Lumber Co. 



Conway Building 111 W. Washington St. 



CHICAGO 



The hardwood outlook in this vicinity for the spring trade, according to 

 local dealers, is good. There is little movement of lumber Just at present, 

 as dealers are pretty well stocked up and the extremely bad weather has 

 made building an impossible project. Prices have held up fairly well In 

 hardwood lines, however, and factory consumption is practically normal. 

 There are many building projects on in this city to be begun as soon as 

 weather conditions make it possible. There will be several large grade 

 school buildings erected this summer, all of which will use heavily of 

 hardwoods, and an effort is being made by the Glenwood Parents' Club, 

 an incorporated organization of 500 members, to force a manual training 

 department in the grade schools of the city. As this would mean refur- 

 nishing of some of the buildings, hardwood interests are involved. There 

 are many other important building projects in view for the summer. 



< INDIANAPOLIS > 



While the hardwood trade has brightened up a little during the past 

 two weeks, the improvement has not been important. It is thought that 

 business will come slowly and that it will be several months before normal 

 conditions return. 



Buying Is mostly of the hand-to-roouth sort just now. No one seems 

 to want to stock up to any extent. Prices are easy and it probably will 

 take a slight advance to bring the buyers out. Few manufacturers 

 are making concessions in order to force business. 



The business depression is not disappearing so rapidly as it was 

 thought a few weeks ago that it would. Manufacturers of all sorts are 

 proceeding on a conservative scale and will increase their forces only 

 as actual business develops. 



=-< MEMPHIS >-- 



The hardwood market here is slowly recovering from the depression 

 which has been felt more or less since the war in Europe broke out. 

 Inquiries are gradually increasing and the amount of lumber actually 

 shipped is also gaining. One member of the trade said recently that 

 he had sold nearly a million feet of oak and cypress within the past 

 fortnight and another well-known firm said that its sales for .January 

 were much larger than the combined total for both November and 

 December. Others testify to Increase in their sales, and it is quite 

 apparent that the market Is looking up somewhat. Advances have been 

 reported in some instances in high-grade plain and quartered oak, which 

 is rather scarce and which is in reasonably active demand. The higher 

 quotations are from ?1 to $3 over what were asked a short time ago. 

 There Is a good business In the lower grades of cottonwood and gum. 

 Offerings are quite small and the box factories are still sufficiently 

 actively engaged to absorb virtually all of what Is to be had. Prices 

 are quite firm and some members of the trade are predicting an advance 

 In those items on account of the restricted output. There is not much 

 to be said in favor of the higher grades of either cottonwood or gum. 

 Sap gum sells fairly well but prices are regarded as low. There is not 

 much doing In red gum and the uncertainty about the rate situation as 

 affecting this lumber is proving quite a serious handicap to both manu- 

 facturers and distributors thereof. There is not much ash offered for 

 sale in this section, while the demand Is fairly active. Cypress Is in 

 good request and the volume of business in this is steadily increasing. 

 Prices are also firmer. The preference is for stock thicker than one 

 Inch. All grades from shops up dre wanted. 



Export business is comparatively quiet although a little lumber is 

 being sent from Memphis to Great Britain and some of the neutral 

 countries in Europe. Most members of the trade are inclined to take a 

 more hopeful view of the situntion. particularly as manufacturers of 

 furniture and vehicles of every kind are showing decidedly increased 

 interest. Much disappointment, however, is felt over the failure of the 

 railroads to increase their purchases of timber and lumber. They 

 claimed that they wanted higher rates on almost every commodity la 

 order that they might greatly increase their purchasing power but, bo 

 far, the amount of buying they have done has not been sufl3ciently Im- 

 portant to justify predictions of greater activity on their part. 



=-< NASHVILLE >= 



The trend of hardwood trade in this market has been decidedly 

 favorable the past two weeks. The weather has been unfavorable for 

 good business if conditions were normal, but inquiries are coming freely, 

 showing that buyers are interested in the market, and a liberal number 

 of small orders are being placed. Oak, poplar, chestnut, ash and other 

 hardwoods are moving. The local trade is very cheerful as to the out- 

 look, and believes that trade will continue to show material improvement 

 with the coming of spring. 



=-< BRISTOL >■- 



Business In this section is reported slightly better but the process 

 of Improvement is slow. However, it is believed that trade will show 

 steady Improvemont during the remainder of the winter and until spring, 

 when pronounced Improvement Is expected. The lumbermen of Bristol 



