42 



HARDWOOD RECORD 



Mutual Fire Insurance 



Be*t Indemnity at Lowest Net Cost 

 Can B« Obtained From 



The Lumber Mutual Fire Insurance Company, 

 The Lumbermen's Mutual Insurance Company, 



Boston, Mass. 



Mansfield, Ohio. 



The Pennsylvania Lumbermen's Mutual Fire Insurance Company, 



Philadelphia, Pa. 



The Indiana Lumbermen's Mutual Insurance Company, 



Indlanapolld Ind. 



The Central Manufacturers' Mutual Insurance Company. 



Van Wert, Ohio 



WA NT E D 



All Kinds of High-Grade 



HARDWOODS 



S. E. SLAYMAKER & CO. 



c«u, we«» TinimU. NEW YORK 



An Increasing Populatioil 



An Increasing UCmSLIlCl 



A Decreasing SuRply 



Emphasize current timber investment 

 opportunities. 



In a few years buyers will look hack at the 

 "good old days of 1915," when good timber could 

 have been picked up at bargain prices. This is 

 1915. 



Buy now and forestall future regrets. 



We offer bargains in northern hemlock and 

 hardwoods ; southern hardwoods and southern 

 pine, western pine, fir, spruce and cedar — also 

 British Columbia timber. 



Find out what they are and where they are. 



James D. Lacey & Co. 



Timber Land Factors 



CHICAGO, ILL 1750 McCormick Bldg. 



PORTLAND, ORE.... 1313 Northwestern Bank Bldg. 

 SEATTLE, WASH 1009 White Bldg. 



a waiting marliet. There is some demand for hardwood crating and 

 boxing materials. Lumber dealers generally are quite optimistic and are 

 confident that there will be a good demand later on. Money in Toledo 

 has been looser and the manufacturing plants seem to have been in better 

 jshape than in most cities. Building records show as much or more 

 building than was going on at this time last year. Prices are being 

 regulated more or less by the law of supply and demand. Yards have a 

 fair supply of stocks on hand and are not inclined to buy for future use. 



•< INDIANAPOLIS >• 



Hardwood lumbermen are receiving a number of inquiries, but actual 

 buj-lng has not improved much. There is some business, but it is tar 

 below normal. Any improvement in the hardwood trade, it is said, will 

 come very gradually. Consumers of hardwoods are buying very cautiously 

 and largely to meet immediate needs. It is thought the opening of the 

 building season may develop a little more business. 



Vehicle factories are having a little more business on account of orders 

 for war equipment, but other hardwood using concerns are increasing their 

 activities slowly. There has been no material change in hardwood prices 

 during the past two weeks. 



=-< NASHVILLE >.= 



Hardwood dealers of this city report that business continues of light 

 volume, though some of the companies report gradual improvement. No 

 material change is noted in the tone of prices. Several manufacturing 

 plants in middle Tennessee have resumed operation the past two weeks, 

 and altogether the signs are getting better. The local trade is quiet, but 

 dealers are looking for more activity when weather becomes more favor- 

 able for outside operations. Inquiries are reported from both England 

 and Germany in this territory. It is thought that considerably more 

 business will be transacted with England in the South on account of that 

 country being cut off from the Baltic supplies. 



=■< LOUISVILLE >= 



Some improvement in hardwood conditions can be seen, even though the 

 situation Is not so good as some of the optimists had hoped it would be at 

 this time. The furniture business is still dull, but ought to be consider- 

 ably stimulated by the regular spring trade, and the crop of June brides 

 will doubtless be as large as usual, which will help the retail and hence 

 the manufacturing situation. Building has not yet opened up, but prom- 

 ises big, and 1915 may make up for the poor results in this field during 

 most of last year. Tlie railroads are buying again in fairly large volume, 

 and this is in contrast with the situation heretofore. Manufacturers of 

 store fixtures are finding business good, and demand from the East for 

 material to bo used in this character of work has been opening up consid- 

 erably of late. The movement of luml)er is undoubtedly larger than it 

 has been until recently, and prices are expected to respond to this condi- 

 tion, though most staple items are still selling at unsatisfactory figures. 

 There is a shortage of a good many kinds of lumber, and advances are 

 being put into effect on these, including thick stock in walnut, oak, and ash. 



-•<, MILWAUKEE >-- 



Judging from the amount of new building which is being launched in 

 Milwaukee there ought to be plenty of activity in the Iumt)cr trade In the 

 near future. Figures prepared by the building inspector show that 124 

 permits were Issued during the month of February for buildings to cost 

 $409,056, as compared with 75 permits and an investment of $203,649 

 during the month of January. During February, 1914, there were 128 

 permits granted for structures to cost $577,148. Building Inspector Harper 

 says that many large building projects have been carried over from last 

 fall and that unless something unforeseen happens, there ought to be a 

 record amount of building carried on in Milwaukee this season. 



Trade in the hardwood market seems to be picking up gradually. Some 

 wholesalers complain that business is quiet, while there are others who 

 report some exceptionally fine orders. Dealers about the state seem to be 

 carrying rather light stocks, but most of the retailers are inclined to buy 

 rather carefully as yet. Tlie local factory trade continues to show Improve- 

 meut. Stocks on hand at the sash and door and general interior finishing 

 plants are light and the lime is not far off when these concerns will have to 

 begin buying more freely if they intend to be in readiness for the coming 

 spring trade. The furniture manufacturing concerns are taking a little 

 more interest in the hardwood market.- The implement manufacturers in 

 this city and about the state are buying fairly well, as most of these 

 concerns are looking forward to a busy season. 



The recent snow all over Wisconsin has dispelled all fear that the logging 

 season might be brought to an early close. Hauling and skidding Is going 

 on at a good rate and logs are being rushed to the mills. Manufacturers 

 say that the cut will be much larger than had been planned on earlier in 

 the season. 



Northern hardwoods are holding firm, as stocks in some lines, particu- 

 larly in birch, are getting low and will probably be unequal to requirements 

 when once the spring trade gets under way. There is some movement of 

 low-grade hardwood. 



