40 



HARDWOOD RECORD 



Paepcke Leicht Lumber Co. 



Conway Building 1 1 1 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, phone or wire for prices 



Paepcke Leicht Lumber Co. 



Conway Building 111 W. Washington St. 



CHICAGO 



the South was optimistic. This line has been rather stagnant, owing to 

 the uncertainty regarding the outcome of the conference of shippers and 

 carriers to be held in Memphis this weelf, at which the rates of freight 

 on this wood will be taken up. 



The steady increase in orders from the sash and door factories is one 

 of the most encouraging events noted recently. The boom in this line 

 within the last two weeks has been marked and gives promise that stock 

 will be moving in large volume by the end of April. 



=-< TOLEDO >= 



There is no great amount of buyiug just now. but there are plenty of 

 inquiries which indicate that buying will be good a little later on. L'ntil 

 the spring demand opens in earnest naturally the call will be light. Build- 

 ing operations, however, are listed to be heavy in Toledo and in the sur- 

 rounding towns, judging from the plans in architects' offices and in work 

 already started. Real estate men declare that residence building will be 

 as heavy in Toledo this year as for the past two or three years, which 

 has been phenomenal. There are many school buildings, large factory 

 additions, investment structures and apartment houses now either under 

 way or to be started in the late spring or early summer. Many houses 

 which have been unsavory of reputation and occupied valuable downtown 

 sites have been condemned and will be torn down. These will Ije replaced 

 by business structures. The call from automobile and other vehicle con- 

 cerns and from farm machinery factories is heavy. Furniture factories 

 seem to he operating fairly well. Ash, elm and gum, which are being ex- 

 tensively used in the manufacture of automobiles, are leading the bill 

 in demand here at the present time. Plain oak. which is usually a leader, 

 follows with a demand something below normal for quartered oak. Prices 

 remain unchanged and arp bMnir fairly wll Timintained. 



=-< MEMPHIS > 



The hardwood market continues steady, with a slow but sure expansion 

 in the volume of business. There has not been quite so much activity 

 as some members of the trade anticipated with the opening of the spring 

 season, but it is pointed out that the weather has been very unseasonable 

 and of a character to restrict building operations as well as activity in 

 other directions. There is a very good demand for the higher grades of 

 plain oak in red and white, and quartered oak is reported a good seller 

 in all grades. The lower grades of Cottonwood and gum are in good 

 request and sap gum moves well, though prices are somewhat disappoint- 

 ing. .More demand Is noted for the higher grades of red gum. and rather 

 encouraging reports regarding the growing popularity of this material 

 are being received. .Vsh is a ^eady seller in all grades, and offerings are 

 comparatively small. Hickory is another good seller. Manufacturers of 

 automobile spokes and wheels have been steady buyers now for some 

 tlnje and they are taking ready care of all offerings at good prices. 

 Cypress sells fairly well. Cottonwood In the higher grades is rather slow, 

 and box boards, too, ore proving rather dilBcult to sell. On the other 

 hand, gum box boards are being readily absorbed, with offerings rather 

 light. There is very little doing in export channels, and not much is 

 expected until the war is over. Then the trade anticipate something ap- 

 proximating a real boom, and some manufacturers are preparing for just 

 such a development whore they are aide to finance their operations with- 

 out difficulty. 



=-< NASHVILLE >•- 



There has been no material thango in the hardwood lumber situa- 

 tion in this market the past two weeks. Dealers report some improve- 

 ment in the tone of trade, with business being handled all the time. 

 They expect further improvement during the later spring and summer 

 months, as it is thought building activities will be of larger volume. 

 Inquiries are more numerous, manufacturers of furniture and agricultural 

 implements showing interest. Prices show no material change, strong 

 firms not believing that anything N to l.r> •rained by cutting prices. 



=•< BRISTOL >-= 



Bristol lumbermen profess to see little marked improvement in trade. 

 A tediously slow recovery is said to be perceptible, but it is feared that 

 trade will continue comparatively dull for some time to come. However, 

 the lumbermen generally are optimistic and believe that 1915 will prove 

 a fair business year, although their hopes for it are not so high as they 

 were a few months ago. Prices remain about the same. Most of the mills 

 have resumed or will do so soon, but the manufacturers say that they 

 are starting more on the prospects of Improvement than on the strength 

 of the present situation. Many believe that by the timp lumber now 

 being cut can be prepared for the market conditions will have improved 

 materially. 



=-< LOUISVILLE y- 



It is now generally conceded, even by those conservatives who are 

 usually pessimistic if they have an opportunity to be so, that business is 

 better. The fact that consumers worked down to the last stick before 

 ordering more lumber has of course held back the demand longer than 

 would ordinarily have been the case, but as factory men have apparently 

 regained confidence, they are now not only ordering cars for immediate 



