HARDWOOD RECORD 



Over 



One Million Dollars 



Manufacturing 

 Lumbermen's Underwriters 



Eight Hundred Thousand 

 Dollars 



The imiiini i>]jiii. %viiK]i i> ciMisiaiilly increasing, 

 is now composed oi over lo^r hundred of the best 

 saw mill plants in the country. Insurance in force 

 exceeds thirty-one million and nearly three million 

 dollars has been paid in losses. If you have a first- 

 class plant adequately protected and are interested 

 in low cost fire insurance, correct policy forms, an 

 inspection service which may save you from a dis- 

 astrous fire, with the certainty of a prompt and 

 equitable adjustment in case loss does occur, and 

 wish a list of members and annual statement we will 



Rankin-Benedict Underwriting Co. 



ii.xHRV B. CLARK Attorney in Fact 



Portland. Ore. KANSAS CITY. MO. 



WANTED 



All Kinds of High-Grade 



HARDWOODS 



S. E. SLAYMAKER & CO. 



Reprf«rntlnc 



WEST VIKfJIMA Sl'RlCE LUMBER CO., 



Cau. ^Vnt VIrclnla. 



Fifth Avenue BuiMinCi 

 NEW YORK 



The Tegge Lumber Go. 



High Grade 



Northern and Southern 



Hardwoods and Mahogany 



Specialties 



OAK, MAPLE, CYPRESS, POPLAR 

 Milwaukee, Wisconsin 



(li-iiiniid linn Uwn notptl fnr low srnilo 

 xlow, anil olliiT (lPKrrl|itl«nx iin- innvlii 

 .rnlly riilf uli-iidy. 



=-< BRISTOL y. 



IIiihIiii'ks III tliU Hcctloii In not iix lirUk iix tin- luiiihpriiMii wuuli] like 

 Troili' tiiiK not linpruvcil to niiy i-diinliliTiihli' t'Xtciit iliirliiK the paat 

 'W wiK-kii, mill Home of tin- IuiiiIntiiii-ii iiri' liirlliii'il to bi> u little pi-mil- 

 ilHtli- UN tu the outlniik, but the iniijnrlty I'xpi-ct Improvfiiient diirliiK 

 ii> roliilliK KlllllllliT. .\ KOOil viilllliif iif IiuhIiii-hh In Iii-Iiik llonp, but thiTi- 

 1 little hrlNkiirKH to II nnil the deiiiiiiiil for liiirilwooil» U not whnt tin- 

 iiiil>iTm<-ii would llki' III I'i'i- It. 



=■< LOUISVILLE >= 



ViirliiuK fiii'tiirH liiivi' iiil-rvi'iii'il llni^ fnr to pri'veiit bUHlnpHN from 

 hiiviiiK tlH' oldtline snap and ko. but tlii' hardwood men liiive no real 

 rauKP for i'(ini|ilalnt. It Iioh taken a little more effort to get bU8lDes8, 

 It In true, but the UKKregntc hag been KatlNfaetory. Prlees have not 

 suffered niueh. except In a few raNe» where there ba« been no obvious 

 iiverNupply. Strangely enough, this In not true of many llneN, and In 

 Nplte of the comparatively quiet demand, prices have held up reasonably 

 well, as there has been little surplus of dry stock to pull down market 

 quotations. Quartered white oak remains the one best bet, plain oak 

 beliii; unusually dull Just now. This Is especially true of the upper 

 Krades, firsts and seconds and No. 1 common licing slower than for a long 

 time. Chestnut Is a good seller, and ash is moving well. Hickory Is 

 livening up, and the demand for basswood is good. Poplar Is showing 

 considerable improvement. Hed gum Is also moving better. The outlook 

 is clouded somewhat by the prospect of serious dlfliruitles with Mexico, 

 which, while not likelv to bist I..11K. "Ill hardly have a stimulating 

 effect on business. 



=-< LITTLE ROCK >= 



Market reports from the different parts of .Vrkansas vary considerably 

 jit this time. In some sections business is reported as good, with fair 

 prices?, while in other parts there seems to lie only small demands. 



The weather conditions for the past few weeks have been altogether 

 unfavorable to all lines of the lumber Industry in the state. The 

 ixccsslve rains have seriously hindered logging operations, and in some 

 instances the freshets on mountain streams have cau.scd losses by wash- 

 ing off lumber stacked along the banks. The continued rains have also 

 put a damper on building operations, causing work to go over until the 

 more favoraliic dry weather. 



Probably the most serious damage to lumbermen in the long run, 

 however, is the loss of the major part of Arkansas' peach crop, caused 

 \>y the unusually late frosts. It Is estimated that the loss to the peach 

 • Top of the state is sixty per cent, which makes a considerable sum 

 wlien the total value of the crop is considered. 



=■< MILWAUKEE >= 



M(.re activity in the building field is naturally resulting in an improved 

 ili-ninnd for hardwoods. Trade, h.jwever, is improving more slowly than 

 lumbermen might wish for. There seems to be an optimistic feeling 

 among wholesalers and manufacturers, everybody being confident that 

 there Is a better business ahead. There is plenty of building under way 

 in Milwaukee and about Wisconsin and general conditions are a little 

 more satisfactory, so the outlook might be much worse. 



There seems to be little doubt but that the present high prices In 

 the hardwood market are preventing buyers from ordering as freely as 

 they might. Uetailcrs and consumers seem to feel that lower prices 

 may be expected, but wholesalers say that this Is impossible. In view of 

 the light supply of available hardwoods all over the state. Many whole- 

 salers say that they arc having trouble in getting Just what they want 

 from the mills, owing to the curtailed production In some lines. 



The local sash and door and general interior finishing concerns are 

 inclined to buy only enough to meet their present requirements. Stocks 

 iin hand at some of the larger plants are fair, but as a rule, the supply 

 available at most of these factories is far from being large. All the 

 factories are In operation, working on their spring orders, so a better 

 husiness from this source is expected later in the season. Slightly better 

 orders are coming in from the furniture factories. Most of the farm 

 implement concerns about Wisconsin have liecn buying well, but orders 

 from this field are now decreasing. 



The Milwaukee building situation is showing more activity as the 

 season progresses and Building Inspector W. D. Harper Is confident that 

 his predictions of a banner year will be borne out. During the past 

 week there were i:)7 permits Issued for structures to cost ?:jll,188, as 

 ■ ninpared with 181 permits and an investment of .$278,.')4.') during the 

 < iirresponding period a year ago. During the first half of April, the 

 building investment amounted to $630,513, as against $621.8.'{2 last year. 



Birch, maple, basswood and elm seem to be the leaders In northern 

 Hardwoods. Basswood is decidedly more active, while maple flooring 

 IS in brisk demand and dry stocks are said to he getting light. Plain 

 red oak Is selling well, although prices seem to cover a larger range thU 

 siason. Stocks of southern woods are larger than thoso <if northprn 

 hardwoods. Iiut prices are being well niaintnlned. 



