46 



HARDWOOD RECORD 



August 20, 1918 



I^^H^ HIPMENTS 



xl^^^Z°N Move if there is a possible opening 

 \' '■-■>"■-■■"'« / Especially Hardwoods 



WE MANUFACTURE bandsawed, plain and quarter sawed 



WHITE and RED OAK and YELLOW POPLAR 



We make a specialty of Oak and Hickory Imple- 

 ment, Wagon and Vehicle Stock in the rough 



ARUNGTON LUMMR CO.? Arlington, Kentucky 



Swain-Roach Lumber Co. 



SEYMOUR, IND. 



We Manufacture 



White Oak Elm Ash 



Red Oak Maple Walnut 



Poplar Gum Cherry 



Hickory Sycamore Chestnut, Etc. 



Plain Oak—x car ->", z cars 2V2", i car % FAS. Soft 

 Maflc~2 cars 2%" No. i com. & better. Soft Elm — V2 ear 

 .1", 1/4 car 2%" and 4 cars 8/4 Log Run. I car 4/4 No. t 

 &■ \'o. 2 com. Red Gum, i,4 car 10/4 No. i com. &■ better. 

 Quartered Red Gum. i car 4/4 Log Run Quartered Black 

 Gtim: 3 cars 4/4 FAS Quartered White Oak. 

 At Two Band SIllls 



STRAIGHT or MIXED CARLOADS 



•ROMPT SSIllr.MENT 



^lllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll^ 



i Plain & Qtd. Red & WhUe \ 



OAK i 



AND OTHER 

 HARDWOODS 



= Even Color 



Soft Texture 



MADE nWlO RIGHT | 



OAK FLOORING | 



: We have 35,000,000 feet dry stock— all of = 



E our own manufacture, from our own tim- E 



; ber grown in Eastern Kentucky. E 



E PROMPT SHIPMENTS = 



I The MOWBRAY i 



i & ROBINSON CO. 1 



= (incorporated) = 



I CINCINNATI, OHIO I 



'iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiniiiiiiiiiiiiiiiiniiiiiiiiiiir 



is undoubtedly true with regard to the export business, the domestic trade 

 lias so far kept up surprisingly well. The transportation situation, (or 

 instance, has shown very decided improvement. Embargoes on the rail- 

 roads have been raised, so that it is now possible to make shipments with 

 surprising freedom. This has had one result that served to cause a 

 measure of quiet. At the time when it was exceedingly difficult or almost 

 impossible to have shipment made, the hardwood buyers, fearing they 

 might be caught without sufficient lumber for their needs, placed orders 

 which, had they been filled at once, would have left them with far greater 

 stocks on hand than they had use for. The purchasers reasoned that if 

 one order was not filled another might be, and emleavored thus to guard 

 against serious shortages. Many shipments were under way for months 

 anil in many instances could not be traced at all. The raising of the 

 .]]. .ir_ > I ' Miuse, caused a clearing up of the congestion, and these 



(III I i Its arrived at their destination within a short time. The 



ii.( Is are now so liberally provided with stocks that they 



liolil liih I; wiih further business, being disposed to delay all the more 

 iit'cause uo prospect of another tie-up presents Itself. For the time 

 being, consequently, there Is a distinct lessening in the movement, though 

 this is not to be regarded in any sense as indicating reduced requirements. 

 .\s a matter of fact the market retains its strength, the quotations being 

 firmly maintained, and there being no really adverse factor to discourage 

 the hardwood men. For a time it was also supposed that, as with regard 

 to yellow pine, the government might be expected to step in and assume 

 a large iiiiasiirc of control. This anticipation also has now been aban- 

 li.ii].',!. and members of the trade say that in their opinion the taking 



..\er III liaiilw Is is not contemplated. Of course, the dealers never have 



inurh business ahead, being on a from day to day basis, so to speak. But 

 since this basis has proved to be fairly liberal, the producers and the 

 dealers are letting the future take care of itself. Margins of profit are 

 large, especially for the mills, but, of course, these interests are confronted 

 by the prospect of having to give up a big portion of the profits in the 

 shape of a war profit tax. This also applies to the dealers, so that in the 

 end the hardwood interests will have little, if anything, more than a 

 moderate return on their enterprise. Big gains in the volume of business 

 and in the monetary value of the turnover are being reported by some of 

 the hardwood men, and it can be said at any rate that they will be able 

 in many instances to pay liberal income taxes. 



=-< COLUMBUS >= 



The hardwood trade in Ohio territory has ruled firm during the past 

 fiirtnight. Buying on the part of factories is the best feature. Some 

 i.nli>rs are received from retailers, but they have been small and intended 

 Hilly Id replace broken stocks. On the whole the tone of the trade is 

 satisi'aeliiry and prospects are for a continuation of the good demand. 



Factories making boxes and implements are good customers. Orders 

 are also received from vehicle and furniture factories. Factories are 

 buying mostly for the present, although some have succeeded in laying 

 in a surplus stock to last several months. Shipping facilities are now 

 better and deliveries are much more prompt. In fact cars are rather 

 plentiful and little trouble is experienced on that score. Retailers have 

 fairly good stocks, as building operations are at a low ebb. Collections are 

 fairly good. 



The price list Is well maintained at the levels which have prevailed for 

 VI line time. All changes have been toward higher levels. No cutting is 

 repnrteil. as there is a fairly good demand for all available stocks. Retail 

 stocks are not very large, but sufficient for the present. The strongest 

 points in the market are poplar, especially the lower grades and plain 

 sawed oak. Chestnut and ash are both firm. Basswood is moving fairly 



veil. 



=-< CLEVELAND >•- 



Higher prices for all hardwoods, more especially the lower grades, are 

 ooked for with the turn of the month by leaders in the Cleveland market. 

 riiis will not Im' due to any improvement in demand, for there is less 

 iHiniiy. I -.pr, ialiy among the building trades which form the principal 

 Hill, t, thin al any time this year. Mill production, as far as this district 

 < ronreiiie.i, is said to be curtailed, and certainly shipments have been 

 ■educed. The most notable changes likely will be in flooring, particularly 

 lak and maple, and in basswood. The higher prices in rough lumber have 

 ilso had their influence upon the finished material. Increased buying 

 )i(wer of the people as a whole, due to war work and the high wages that 

 io with it, is reflecting to the advantages of the better grades of hard- 

 wood, such as mahogany and the like, through the Increased demands of 

 the furniture trade. These are none too plentiful here either, however, and 

 ligher prices also are looked for. 



-< INDIANAPOLIS > 



emtimis roiitinue to be the biggest factor in the hardwood 

 leiriii.ry. and with the number of war contracts Increas- 

 he ti iile is depending on the customary channels of busi- 

 small per cent of the demand. Agents of the government 

 1 this territory recently have assured associations of busi- 

 tbe number of war contracts to be placed with Indian.T 

 < to be increased materially in the near future. 

 ' industries are fairly active, but many of these plants 



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



