HARDWOOD RECORD 



-< BOSTON >.= 



While the amount of busiuess in hardwood continues ahout as it has 

 been for four or five weelis with orders and shipments showing a fair 

 imiirovement over winter conditions, then' is unquestionably tonsiderablo 



apprehension that general conditi.irj-i «il 

 this adverse outlook is almost iin ,11 i,iiil\ 

 the dealers, there does not si. in 1.. 

 traceable to it as .vet. Altbni'iKh ilj.r 

 liardwoods as a whole, there luwe been 

 situation of some items. Black walnut 



ri. 1 ho very favorable. While 



' Al'ivssed in conversation with 



lull li effect on the market 



u 110 aiJpreciable change on 

 loticed a few variations In the 

 i-hich for many years has been 



almost unobtainable seems to have become comparatively plentiful in the 

 last few weeks. The quotations on it vary widely and in some cases 

 are off the long standing market prices, but this does not apply uni- 

 versan.v. Plain sawed oak is another wood which is being quoted at 

 greatly differing values. Poplar is in poor demand, but has not receded 

 noticeably in price, but gum, which has been ruling low the last few 

 months, is a wood which is hardly used in New England, especially the 

 eastern and northern sections. Maple is freely called for and the same 

 may be said of ash, both inch and thick stock. The prices on these 

 woods are held firm. This is also the case in quartered oak, but the 

 demand for it is not heavy. There is no definite change in the value 

 ot cherry although it is Inclined to be weak. Beech is increasing in 

 price although used only in a limited way here, and quartered sycamore 

 is in the same situation, it being admitted that the price of the latter 

 would advance promptly if there were any general increase in the 

 demand for it. 



=■< BALTIMORE >-= 



It does not aiipear Irnni ili.- r.]i,.rl-i ..1 in. ml.rrs of the hardwood trade 



here that the deinand for liiii r luis in.r.Msi-cI ot late or that prices 



are any better. Some of the firm state that their trouble is not with 

 prices, but rather with order.s, which are by no means easy to get, while 

 others give it as their opinion that the business has gotten to the point where 

 there is no definite basis to values, it being very much a case of everyone 

 getting what he can for stocks. In a general way it is to be said that 

 no one appears to have any considerable number of orders ahead, the 

 movement'being from day to day, with orders always conihig in when (lie 

 end would seem to have been reached. K\ id. iiil,\ . ili l.in. 1 . .m ii,.i .li- 



posed as a rule to enter into coinniltiu. n 1 - !.■ \ I Mm ,,,11,1,1 .,, , .1 



It does not appear that stocks in the viir.U hi\. ii i, , ,! ■ i.ii !,...ii, 

 marked extent, but the dealers hold off luitll th.-. Ii.m, ..I'l- !,.r -irm. 

 grades and woods before placing orders; at any rate, the assortnirnts ar.- 

 allowed to get quite low before an effort is made to replenish them. 

 Notwithstanding this jerky kind of business it is sufficient in volume to 

 keep the mills going. As far as can be learned, all of the mills are run- 

 ning without important interruptions ; in other words, no time is lost at 

 the manufacturing end except when it cannot be avoided because of 

 weather and other conditions. Nor can it be said that the supplies on 

 sticks are ot such volume as to cause any real embarrassment. In the 

 aggregate the quantity of lumber disposed of is by no means unim- 

 pressive. The experiences of salesmen in their efforts to place stocks 

 also are not uniform, some having succeeded in turning up orders in 

 gratifying numbers and encountered practically no let-down at all. This 

 applies to some of the northern sections, including Canada. A moder- 

 ately active interest seems also to be shown in certain portions of the 

 Middle West, while export orders have recently been received in such 

 number as to suggest that the end ot the contraction has been reached, 

 and the business is again on the upward trend. There is no stiffening 

 ot prices, however, and the indications do not encourage expectations that 

 an Improvement in this respect will shortly take place. With the ex- 

 ception of gum, which has been called for of late in increasing quanti- 

 ties, the Interest of buyers in the offerings is frequently characterized 

 by indifference. On the other hand, an inspection of stocks not infre- 

 quently results in the discovery of wants which the dealer did not appear 

 to be aware of, and in such cases it is generally possible to make a sale. 

 In the main the prevailing conditions are not conducive to expansion. 

 With the Mexican situation unsettled, and with various other unfavor- 

 able factors operative, the buyers of hardwoods will probably continue 

 to manifest conservatism in placing orders for the present. 



=-< COLUMBUS >= 



The hardwood trade in Columbus and central Ohio has been ruling 

 fairly steady during the past fortnight. Prices are generally well main- 

 tained but reports have been received o£ some shading in order to force 

 trade. On the whole, however, the tone is satisfactory and future pros- 

 pects are becoming brighter. 



Buying on the part of retailers Is the best feature of the business. 

 Some buying j^ , m^ I, ,11, .;, factories but that is not so important as 



the other depnn , m \ 1- 



materials. Fm-i 1 , ,■ 1, , i, - 



being done for .l,ii\,i\ ,|.irii 

 Shipments are coining out well 

 promptly. 



Dry stocks are not large in any section. The reason is the difficulty 

 experienced in tlie process of drying because of the unfavorable weather. 



and implement concerns are buying some 

 are rather slow, Most of the buying is 



g the latter part of May and In June. 



as railroads are not able to handle freight 



Paepcke Leicht Lumber Co. 



Conway Building 111 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. 



Paepcke Leicht Lumber Co. 



Conway Building 111 W. Washington St. 



CHICAGO 



