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Published in the Interest of the American Hardwood Forests, the Products thereof, and Logging, Saw 

 Mill and Wood-working Machinery, on the 10th and 25th of each Month, by 



THE HARDWOOD COMPANY 



Henry H. Gibson, President 

 , Burdis Anderson, Sec'y and Treas. 



Entire Seventh Floor Ellsworth Building 

 537 So. Dearborn Street, CHICAGO 



LIS 



NEW 



BOTa 



Vol. XXXIV CHICAGO, JUNE 10, 1912 No. 4 



Editorial Comment 



General Market Conditions 



]u siiite of the healthy condition of the lunilwood trade in chief 

 coi'isiiniing markets, and a general belief that there is a bulge in 

 prices in the majority of woods, it is scarcely a safe deduction in 

 analyzing the situation as a whole. To be sure plain oak, both red 

 and white, is very scarce, and prices are ranging stronger than ever 

 before in the history of the woods. Quartered oak has materially 

 inijnoved in appreciation and price. Eed gum, cottonwood, mahogany, 

 poplar and many of the northern woods are stronger in demand, but 

 probably more than seventy-five per cent of the total- of all kinds 

 .•iiul grades of hardwood lumber manufactured have not yet achieved 

 anything but the most modest advance in price. H.iRDwooD Record 

 makes this deduction in the belief that it is not only true, but that 

 it is the wise statement to make in view of the increasing effort that 

 will be made toward wood substitution if hardwoods achieve a repu- 

 tation of commanding a radically higher and possibly unjust jiriee 

 by reason of a shortage of supply. It is believable that the general 

 sentiment among manufacturers and jobbers is that it is wiser to 

 accept very modest profits on hardwoods rather than to force prices 

 to a point that Avill induce substitution which in the future will bi- 

 liard to dislodge. 



'i'rade generally is in a very healthy shape, and sources of supple 

 are developing that will surely take care of all the necessary require- 

 mputs during the summer, and until lumber at present being sawed 

 will be fit for consumption. There is no reason for a scare over 

 inability to obtain reasonable quantities of supply for all legitin:ate 

 uses during the summer. 



The call for hardwoods for the next few months un<leniably will 

 lie largely in construction work, railroad and other corporate require 

 nients, and for interior finish. As is well known to the majority of 

 the trade, the furniture manufacturing business is comparatively 

 dull, and is likely to remain so for the remainder of the year. 



Observations of the ELditor 



The Recent National Hardwood Meeting 

 By reviewing the complete report of the proceedings of the annual 

 meeting of the National Hardwood Lumber Association, held in 

 Chicao-o on June 6 and 7, it will be a distinct disappointment to 



many elements of the trade to note that nothing was accomplished 

 towards improving and clarifying the hardwood inspection situation. 

 This one important feature of the hardwood industry has been before 

 hardwood manufacturers, hardwood jobbers and hardwood consumers 

 for more than fifteen years, and it would seem to be a subject no 

 nearer solution today than it was when many earnest and honest 

 men undertook to solve it, and have since indefatigably worked to 

 accomplish that end. 



Outside of a very delightful social function, probably as agreeable 

 a one as ever was held in the industry, considering all the good 

 actually achieved towards solving the problems that involve the 

 paucity of profits in the hardwood business today, the visitors might 

 just as well have remained at home. With equal pertinence this 

 same observation might be made concerning the annual meeting of 

 the Hardwood Manufacturers' Association of the United States held 

 early in the year. Ninety-nine per cent of the manufacturing, job- 

 bing and consuming element of the hardwood industry is practically 

 a unit in its desire that a single and satisfactory standard of hsrd- 

 wood inspection for universal apjjlication shall prevail, but there 

 seems to be little hope of this accomplishment. 



The Retiring President of the National 



In the anuals of lumber association history, probably no president 

 of lumber organizations has retired from service in such a blaze of 

 glory and general appreciation by the rank and file of its members 

 as has F. A. Diggins of Cadillac, Mich., who has just relinquished the 

 oilice of chief executive of the National Hardwood Lumber .'Asso- 

 ciation. He is the best presiding officer a lumber organization has 

 ever had. His bitterest enemy, if he has any enemies, can in no 

 wise criticize any ruling he has ever made from the chair. His 

 decisions have been the acme of fairness. 



Mr. Diggins has been an indefatigable worker for the association, 

 and no man has ever sacrificed more of his time and energies in an 

 lionest attempt to carry out the wishes of the majority of his asso- 

 ciates. To him the association is largely indebted for its wonderful 

 increase in membership during his incumbency of office, for he has 

 gi\en it a reinitation for an intent of fairness that it never before 

 attained. That he failed to harmonize all elements of the trade 

 into an endorsement of a single standard of inspection is a marked 



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