40 



HARDWOOD RECORD 



W A NT E D 



All Kinds of High-Grade 



HARDWOODS 



S. E. SLAYMAKER & CO. 



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C I N C I 



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Hardwood Manufacturers and Jobbers 



Venee 

 THE FREIBERG LUMBER COMPANY 



>ore- CIKCASSIAN WALNUT AND 

 -*='*• Al.l. OTIIKK FK.l KF;i> «()0I>S 



Ofliie and Mill: UNCINNATI, OHIO 



OHIO VENEER COMPANY 

 Manufacturers & Importers FOREIGN VENEERS 



t6M-l « COLERAIN AVENUE 



C. CRANE & COMPANY 



Manufacturers of Hardwood Lumber, Oak & Poplar especially 

 Our location makes possible qnirk deliver^' of anything in limbers 

 and hardwood lumber 



DAY LUMBER & COAL CO. 

 Manufacturers YELLOW POPLAR and WHITE OAK 



GENERAL OFFICE — .JACKSON, KV. § 



'Andrews" Dried Lumber 

 is Better Lumber 



i< 



ANDREWS" 



Products Represent Perfection, 

 Reliability, Results 



"Andrews" 

 Moist Air 

 Lumber 

 Driers 



Condensing 



OR 



Ventilated 



Perfect Transfer Cars 



Perfect Dry Kiln Trucks 

 Canvas Dry Kiln Doors 



DOUBLE AND SINGLE 



Write for Information 



I>B£ER DEPARTMENT 



The A. H. Andrews Co. 



115-117 S. Wabash Avenue 



CHICAGO, ILLINOIS 



The only exception to this is for dry hardwood stocks to be shipped abroad. 

 For this a high price is paid. The industrial situation in the Pittsburgh 

 district is so ranch better that mannfacturers are placing orders for some 

 hardwood, but only for early needs. Few contracts for a year's supply 

 have been placed. I'ard trade is increasing slowly, but is not very encourag- 

 ing as yet. 



■< BOSTON >= 



The dealers in New England report in general a low volume of business 

 and small but fairly numerous inquiries. A numlwr of large furniture com- 

 panies have reduced working time to four days per week, with only a partial 

 complement of hands. This course is undoubtedly tor the best interest of all, 

 preserving a fair use of stock, preventing overproduction of manufactured 

 goods and at the same time saving total loss to labor. Similar decrease in 

 many lines seem to have relieved the money situation so that the ability to 

 finance and hence general credits are favorably affected. Legislative action 

 to benefit the local railroads has greatly increased the confidence in the 

 future from the transportation standpoint as well as the financial, as 

 evidenced by the first important rise In securities for a long time. The 

 hardwood trade, like most other branches, is obliged to look to Improved 

 commercial conditions for a resumption of normal demands, as there seems 

 no development, excepting possibly the use of Pacific coast woods which arc 

 receiving much notice. 



=< BALTIMORE >= 



While the hardwood situation shows some improvement, no such gains 

 as had been expected some time ago are to be noted. Here and there hard- 

 wood men report that they are getting more orders and that the volume of 

 business is quite satisfactory, but others have so far failed to experience 

 such an increase as would cause them to feel especially encouraged. There 

 seems to be no doubt, however, that a better feeling prevails and that the 

 general situation is stronger. The upward trend has not yet attained the 

 force of an actual advance in prices, but the range of the quotations is 

 firmer, and the sellers are more disposed to hold out for figures that afford 

 a margin of profit. For a time it was chiefly a question of getting orders, 

 and anyone who indicated a willingness to buy was almost in a position to 

 name any price. Now there is much more bottom to values, and the market 

 is no longer completely dominated by the buyers. This condition has been 

 brought about In large part by the curtailment of production, many of the 

 mills being still shut down and in no hurry to resume operations. Some 

 expansion In the requirements has also taken place, and while many of the 

 big concerns, such as the railroads, are not yet entering into commitments 

 with any sort of freedom, the inquiry is none the less more active and 

 Interest in the offerings on the rise. This applies to practically the entire 

 list, with certain exceptions where stocks are overshadowingly affected by 

 the state of the export trade, such, for instance, as the low grades of chest- 

 nut. These grades have been used extensively for crating tor agricultural 

 machinery and other boxes for other export articles, and since the movement 

 of these commodities has been greatly cut down or wholly stopped by the 

 war, there Is no need for the lumber to make crating. 



The chief drawback In the hardwood business at the present time is the 

 exports. Shippers can get plenty of orders, but find it impossible to make 

 shipment, the rates being prohibitive or the steamship lines having such 

 heavy offerings of other freight that an actual embargo is put upon lumber. 

 The foreign business could be done on a very satisfactory basis, the buyers 

 being ready to pay attractive prices, but the obstacles in the way of making 

 shipments are well nigh Insuperable, and as a result the movement Is so 

 small as to cut no considerable figure In the total. The foreign outlets are 

 so narrowed that the effect upon the domestic situation of the export move- 

 ment amounts to very little, which is one of the main causes of the pressure 

 experienced and serves to keep down the quotations to the present level. 

 The trade, however. Is not entirely without its promising features, and a 

 steady, If slow, gain seems to be in progress. 



=■< COLUMBUS > 



Hardwood trade in Columbus and vicinity has been fairly active during the 

 past fortnight, when industrial conditions are considered. The volume of 

 business is larger and better feeling is shown in retail and wholesale circles. 

 While the trade is not all that might be desired, still it is better than a few 

 months ago. Future prospects are considered brighter. 



The best feature is the buying on the part of retailers. Dealer's stocks 

 .ire light and consequently they arc compelled to place orders to be in posi- 

 tion to take care of spring building when it comes. Buying on the part of 

 r.'tail'-rs is not done on a liberal seal? and they arc buying onlv what "licv 

 need for the immediate luture. Indications are rather bright for an active 

 building season as soon as favorable weather arrives. 



Trade from factories is not very active. Some buying Is being done by 

 concerns making vehicles, implements and furniture, but they arc following 

 the policy of buying from hand to mouth, as it were. Improvement in manu- 

 facturing circles is slow in appearing and In some linos it Is apparently get- 

 ting worse. Shipments are coming out promptly in all localities. Dry 

 stocks in mill owners' hands are getting larger. Collections are still bad. 



Demand for quartered and plain oak is fair and prices are unchanged from 

 the previous fortnight. Chestnut is also fairly active and the demand for 

 sound wormy Is steady. Poplar is in fair demand at unchanged prices. Ash 

 is slow, while basswood is holding up well. Other hardwoods are unchanged. 



