JlNE 10, 1918 



HARDWOOD RECORD 



S3 



till tlu'in thoy will Kiiir. r loKx on both l.aiuls. Tb.-y lose a MllllllllllltlllllllllllllllllllllllllllllllllllllllllllllllllllllllllMlllllllllllllls 



upon wliiit tlii-y luivo unlprrd fnnii tlic mills and will have to buy 

 at a IiIkIkt price. Many eastfrn poir*- are either eiubarKoed or 

 uir by 1,'uvernnient rulea until uothlni; c& Je done without a special 

 or a chansc 'o the attitude of the railroad. 



"plte of the drawbacks to dolni; huslneHs, a pretty fair demand fur 

 . Mods prevails and where the stocks are available the wholvsalerii are 

 '; net satisfactory prices. The ilemnud seems to cover the whole 

 II. 1 It U hardiT to single out the particular stoi'ks which are In the 

 1 Intjulry. This Is a better stati' of affairs than was the ease a short 

 i«o. when specialties were wanted, larKely to the exclusion of any 

 IV in most other kinds. Wnr Industries are all busy and are taking 



:< PITTSBURGH >-. 



the lu 



iM,„..s,, li.Tv arv lM-li.(! hit hard by 

 thu.st.' coucerus which have stock that will lit the occasion. In all these 

 Inquiries white oak Is by far the best gamble, both for the seller and for 

 the profit taker. The supply of white oak, while not large, seems to be 

 fairly equal to the demand and prices remain very stable. Country mills 

 are havlni; hard work to get enough help to produce anything like a nor- 

 mal output. In the meantime, manufacturers have had more lumber In 

 stock In proportion to their needs than a few weeks ago on account of 

 the recent lifting of embargoes which dumped considerable lumber Into 

 the Pittsburgh district. Concerns which manufacture coal mining cars 

 and other equipment and also steel mills In big industrial towns are 

 strong buyers of good oak. Considerable Is going to the general manu- 

 facturing trade also but very little to the yards. Chestnut and other 

 hardwoods show little change In price. Demand Is Irregular and hard 

 to cover In a satisfactory way. Yard trade everywhere Is badly on the 

 blink. 



.< BOSTON >.= 



llanhvooil dealers of this s, 

 strictly war orders as no relief 

 commercial stock despite gov 

 pceted at a very early date. 



arc turning more than I'vcr to 

 been afforded In transportation on 

 assurances that such might be ex- 

 Arms have a large number of old and 

 new orders booked for the first shipping opportunity, but the factors of 

 the 25% rate raise on June 25 and the prlce-flxlng reports from Wash- 

 ington render the future maturing of this business very uncertain. 

 Whether the railroad managers will enforce a certain process of secur- 

 ing authorizations or let matters rest until temporary embargo rai>iiif;s 

 arc practical cannot be determined as both policies have been imiin.iti'l 

 In recent reports as being considered. .\ decision on this point !■; Ii.iir.; 

 sought, as either course taken as a definite program would a-^sist in 

 clearing up more or less unfilled orders. The strictly domestic dcman<l 

 Is extremely light In the face of the current stiff prices and many con- 

 servative bu.vers are holding off until some indications arc had of what 

 the values will be laid down for ilth.T gcucrampnt or commercial stock 



=-< BALTIMORE >= 



That even the hardwood trade is getting more and more into tli. Ii;iii.ls 

 of concerns which have business with the government is frankly ii.liniii.'.l 

 by dealers as well as manufacturers. They find it more dilliiilt tu 

 flu orders for private use because of the railroad situation and the labor 

 problem, which Is characterized by a growing scarcity of workers. That 

 this state of affairs will become even more pronounced In the future 

 than It has been In the pasf seems certain. Not only is private enter- 

 prise troubled by a shortage of workers that naturally grows out of the 

 withdrawal of numerous men from ordinary pursuits, but the authorities 

 are aiding the process by augmented checks upon all activities which 

 can be regarded as non-essential. It may be argued that people can get 

 along without new furniture for the duration of the war, and that the 

 public must be satisfied with what It has ; hence furniture factories can 

 be closed or converted into establishments for the production of something 

 else, which may not call for the use of lumber at all. With a general 

 redivision of labor In prospect, and with the government preparing to 

 establish a monopoly of all labor, which is to be parceled out as the 



authorities deem propt 

 of the work of such 



movement of hardw 



with any industry 1 1 

 be denied, so that it ' 

 the present the movo 



work Is laid for a further contraction 

 .1^ use hardwoods, and the future 

 t.r of speculation. It follows that 

 .tlal, transportation facilities will 

 Uy prevented from operating. For 



fair proportions, but the outlook Is 



regarded as uncertain. Difficulty of making delivery and the Impossibility 

 of guaranteeing shipment make the calls of the intending buyers all the 

 more urgent, and under the pressure thus created the tendency of prices 

 Is upward rather than downward. The quotations on all the woods are 

 either firm or higher, and at that dealers take advantage of every oppor 

 tunlty to augment their holdings, calculating that the time of reduceil 

 selections will come and that the returns will be even larger than thoy 

 are now. The export movement Is reduced to very small volume, ami 

 the concerns formerly engaged in taking care of the wants of hardwood 

 users abroad find themselves compelled to make radical readjustments 

 in their business. 



Plain & Qtd. Red & White 



OAK 



AND OTHER 

 HARDWOODS 



Even Color 



Soft Texture = 



MADE (MR) RIGHT | 



OAK FLOORING [ 



I We have 35,000,000 feet dry itock— all of = 



: •ur own inanufacture, from our own tim- — 



• ktr grown in Eastern Kentucky. = 



: PROMPT SHIPMENTS | 



I The MOWBRAY j 



I & ROBINSON CO. I 



: (iNQORPOIUTED) — 



I CINCINNATI, OHIO | 



^iiiiiniiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii iiiiiiiiiiiiiiiniiiiiiiiiiiiiiiiiiii: 



Walnut 



Of Character and Color 



Manufactured mt Kansat City, U. S. A. 



Large Stock of All Grades and Thickness 



Thirty-five years' experience 



IN WALNUT ONLY 



Pr«mpt Shipment, and 

 Guaranteed Inspection 



FRANK PURCELL 



5 1 5 Dwight Building. KANSAS CITY. MO. 



All Three of Us Will Be Benefited if You Mention HARDWOOD RECORD 



