HARDWOOD RECORD 



Vaughan S2fSt?N^^ Drag Saw 



CAN BE USED WITH PROFIT 

 P.\ ANYONE CUTTING TIMBER 



Save Two or Three Men; Sa\e Eight or Ten Dollars; Save Many Hours' Worry 

 Every Day in the Week and Rest Sunday 



ONE PRICE TO ALL S169.00 Memphis NO DISCOUNTS 



CHICKASAW COOPERAGE CO. 



ATKINS & Co. 



Grneral DIotributlnK Asmt-t 

 Memphis, Tenn. 



GENERAL SELLING AGENTS 



MEMPHIS. TENN. 



J. C. I'E.NNOVEB CO. 



Selling .leenU, 226 La Sulle Street, ChlcaKO 



ExcbanKe BIdK., Memphis, Tenn. 



The position of thick plain oak Is not altogether clear. It Is believed by 

 hardwood interests here, however, that adjustment of the somewhat 

 strained relations between hardwood manufacturers and the vehicle Interests, 

 already effected, will bring about a clarification of the position of this 

 material. Machinery has already been set In motion which ought to result 

 In the establishment of prices and terms that are mutually satisfactory and 

 In a decidedly larger volume of business In this class of lumber. In the 

 meantime It Is suggested that the government Is now making specifications 

 for lighter types of army escort wagons because of the reported failure of 

 the heavier types and manufacturers of o.ik lumber are cautioned against 

 producing any excess of oak stock thicker than 2 Inches. 



-■< NASHVILLE >-- 



There has been little change the past month in the local hardwood 

 market. The demand for hardwoods has been good, and prices are high 

 and tending higher. Stocks at Nashville are below normal, one of the 

 largest manufacturers estimating that supplies arc one-third less than 

 usual for this district. The most Important feature Is the requirement 

 for government account, with a good many specialties being In demand. 

 Oak, ash and poplar are leading In the demand. Stocks are being further 

 reduced by the steady demand. Mills continue to find It difficult to get 

 labor, and It has been necessary to greatly advance wages on account 

 of employes going Into government Industries. It is also dllDcult to get 

 logs on account of the labor situation, the production having been heavily 

 curtailed, and mills have to put forth strenuous efforts to maintain their 

 supplies. The building of the government powder plant at Nashville 

 has required an Immense amount of lumber, though this has been prin- 

 cipally southern pines. The appropriation available for the plant Is 

 $60,000,000 or $70,000,000 and a bill now before Congress carries an 

 additional $87,000,000. The railroad situation is reported generally sat- 

 isfactory. Shippers have little difficulty in obtaining cars in sufficient 

 number, and embargoes to other territory arc few. New York, Brooklyn 

 and Philadelphia were the only points where embargoes on lumber were 

 In force, affecting this territory, the first part of the month. 



="< LOUISVILLE >= 



Hardwood sales for June ran extremely heavy, due to better shipping 

 conditions, and the fact that consumers endeavored to get under cover 

 before freight rates were advanced, ilany of the mills were caught with 



very little stock on band and short forces, which made It impossible to 

 produce at capacity, but those with the stock on hand had very little 

 trouble in cleaning up. It Is expected that even with full forces In event 

 of a slump in the demand It would take some time to cut stock enough to 

 bring supplies up to normal. Demand for red and sap gum has not been so 

 active, as had been expected, and such stocks are In fair supply in the 

 better grades of almost every thickness. Low grades have been fairly 

 well cleaned up, as there Is an active demand from box manufacturers and 

 other consumers. Chestnut has been active for core purposes, and no 

 accumulations are on hand. Elm is a little scarce, but not In active 

 demand. Very little Is beard concerning maple and tupelo. Hickory has 

 been in good demand, with stocks limited. Ash has picked up considerably 

 In demand during the past month, while oak Is holding Its own, the demand 

 in both woods being for thick stocks for war work. Quartered oak has 

 been In fair demand only, and there hasn't been much call for 4/4" oak. 

 While box cars have boon fairly plentiful, there has been a steady shortage 

 of log or flat cars in thp South, iin<l tliis has lield down production mate- 

 rially. 



-■<, MILWAUKEE >= 



The demand for hardwoods of all kinds, both from government and 

 ordinary sources, continues practically without abatement, although an 

 almost Inappreciable slackening followed the period when the advanced 

 freight rates went Into effect. This was due largely to the surplus orders 

 placed Just prior to the advance. Business again Is at a high level and 

 some mills are getting further and further behind on orders. In some 

 industries there has been noticeable a tendency to reduce orders for raw 

 materials because the acute shortage of labor makes it impossible to 

 handle all of the business on the books or offered. However, the curtail- 

 ment of business In this direction appears to be fully compensated for by 

 the increasing demands from other industries, notably those which are 

 for the most part occupied in executing government contracts for war 

 necessities. The readjustment of war work under the regional district- 

 ing plan of the resource and conversion division of the War Industries 

 Board Is bringing much new business to the hardwood consuming industries 

 of Milwaukee and Wisconsin, while there already are numerous plants 

 which arc making aeroplane propellers, truck wheels, wagons, cabinets and 

 hundreds of other kinds of goods needed for the prosecution of the war. 

 But for the serious condition of the labor market, conditions In the hard- 

 wood industry are considered very satisfactory. Prices rule firm and on 

 some grades and classes advances have been necessary because of sharply 

 advanced production costs during the last six months or a year. 



