HARDWOOD RECORD 



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:igo, both as to price and volume of trade. There 

 is not likely to be any pressure to force stocks 

 on the trade because of the small stocks on 

 hand and hence <'onditlons inspire confidence as 

 to the future. 



A large quantity of special bill timber is be- 

 ing cut this season for bridge, strucl\iral and 

 harbor improvement work at points on I^ake 

 Erie and Lake Superior, and is sold at special 

 prices. In fact, everything is being worked off 

 to advantage. 



Indianapolis. 



While there is a touch of the usual midsum- 

 mer dullness in market conditions at present, 

 hardwood men have sufBcient business to keep 

 them busy and to keep them from complaining. 

 Prospects are for a steady business throughout 

 the year, something that has not often been en- 

 joyed here. 



Prices remain steady and no changes are noted 

 in quotations of the last several weeks. A stif- 

 fening in the market is predicted when the fall 

 season opens. Car service is good and no diffi- 

 culty is being experienced in getting practically 

 all grades of hardwoods. 



Bristol, Va.-Tenn. 



There are unmistakable evidences of improve- 

 ment in trade conditions in this section, but 

 just now the car situation is demanding the 

 attention of the lumbermen. The famine set 

 in two weeks ago. The present situation is 

 largely attributable to the demand for curs in 

 handling the wheat and grain crops in the 

 middle west, and the heavy fruit crop in the 

 south. 



The lumber business has picked up a great 

 deal within the past fortnight and is expected 

 to soon resume its normal condition. Oak is 

 .^tiil slightly off both in the domestic and ex- 

 port market. Poplar leads with good prices and 

 heavy demand. 



Ciucumati. 



The market during the last fortnight has 

 developed little change. Quartered and plain 

 white oak have fallen off slightly in demand, 

 but not enough to cause dealers to make con- 

 cessions in prices. The best item on the hard- 

 wood list is poplar, and it is receiving a good 

 call, and prices are steady. Cottonwood has in 

 the last two weeks received added Impulse ; 

 prices, however, were not augmented. Ued gum 

 is another item that has been doing stunts in 

 the line of demand, but in the price line sus- 

 taining previous quotations. Mahogany and 

 cypress are about the same in both demand and 

 prices. The slight dullness that has prevailed 

 over this section the last few weeks, it is ex- 

 pected, will give way to a big boom within the 

 next month. The spring trade reduced stocks to 

 such an extent that the dullness was really ap- 

 preciated, as it has allowed lumber dealers to 

 replenish their stocks and get ready for the fall 

 demand, which they predict will be a heavy one. 



Chattanooga. 



The usual dull summer season is on here, but 

 lumbermen are not complaining about anything 

 except the insufficiency of dry stock. It is said 

 that there has not been s8 great a scarcity in 

 this line in twenty years. One reason for such 

 a state of affairs is the fact that there have been 

 few logging tides and the wet spring prevented 

 timbermen from getting out the usual amount of 

 logs. 



There is an excellent call for everything 

 handled by local lumbermen. The demand foi- 

 walnut and chestnut is remarkable and mills and 

 yards have a very meager supply of these hard- 

 woods. Oak and poplar are holding their own. 

 There is a slight lull in building operations at 

 present, but sufficient orders are in sight to in- 

 sure lively business in the fall and winter. 



St. Louis. 



Although trade conditions with regard to 

 hardwoods are somewhat quiet at this time, the 

 outlook seems to be very favorable for the fall 

 season. Mills are now operating under much 

 Improved conditions, but there is practically no 

 dry stock in the hands of manufacturers, so it 

 is not at all probable that the new cut will have 

 any deleterious effect upon the condition of the 

 market. Good weather is necessary to enable 

 manufacturers to get some accumulations of 

 stock for prospective trade. 



Memphis. 



There is not much doing in hardwood just 

 now. Most houses are shipping out stock on 

 orders booked some time ago, and while there 

 is not much business just now, there are liberal 

 inquiries which suggest the probability of a 

 good demand for the early fall and winter. Ex 

 port business is very quiet. Weather conditions 

 continue quite favorable and much progress is 

 reported in putting lumber on sticks. There is 

 no suggestion of a surplus of dry stock and it 

 is noted in this connection that mill interests 

 are rather firm in their views of value, main- 

 taining a more stolid front than was expected, 

 in view of the rather rapidly increasing output. 



There is demand enough to absorb all the ash 

 offered at prevailing figures, but there is no 

 urgency about the request for this lumber such 

 as characterized the situation some time ago. 

 Plain oak, both red and white, is in satisfac- 

 tory request. Some thick stock Is being shipped 

 and very good figures have been obtained there- 

 on. There is only a moderate call for quarter- 

 sawed oak, but there does not appear to he very 

 much of this for sale. Poplar is offering in 

 only a limited way and holders are therefore 

 not inclined to shade prices, although the de- 

 mand just now is not large. There is a moder- 

 ate call for Cottonwood in firsts and seconds, 

 while there is a good demand for the lower 

 grades, which continue scarce and which are 

 selling at close to the best figures of the season. 

 There are not many Cottonwood box boards for 

 sale and they, too, are commanding good prices. 

 Ued gum is not particularly active in the better 

 grades. Clear sap gum sells moderately, while 

 there is a very satisfactory call for the lower 

 grades used in box manufacture. Cypress is not 

 offering in large quantities. The market for 

 this wood, however, is rather heavy at the mo 

 ment and concessions are reported in some di- 

 rections beyond those more recently obtainable. 



Minneapolis. 



The contract season for northern hardwoods is 

 about over. It has ended unusually early. The 

 jobbers and the large consumers got into the 

 game back in the spring, and with a few excep- 

 tions they have prepared themselves for the 

 season with about all the stock they will need. 

 The stock remaining in mill ownership is held 

 at fancy figures that no middleman or consumer 

 feels willing to pay at this time, and judging 

 from the comment of the trade it is not likely 

 that there will be much doing in the way of 

 sales for some time. Whatever is sold is going 

 now at fancy prices. The factories are having 

 a successful season and a good outlook, and they 

 will have use for all the lutnber they have 

 bought and ii good deal more in some cases. 

 They are prepared now to pay higher prices than 

 last year for auytbing they want. 



There is nothing that looks like weakness in 

 the market for northern hardwood, and as for 

 southern stock, there is not enough offered now 

 to cut much figure. Dealers here find when 

 they go to bidding in the southern market that 

 the prices are almost prohibitive for shipment 

 to northern points, and the southern dealers 

 seem to have all the trade they want at home. 

 Oak is more plentiful than it has been, but 

 shows no weakness in price at any point. There 

 is a good supply of birch, but no overproduction 



as in the past, and prices are firm at a marked 

 advance over last year. The low grades are well 

 sold out already, and this is also true of bass- 

 wood. Ash is hard to find now in any quan- 

 tity, and the maple stocks are already well con- 

 centrated in strong hands. The yard trade has 

 been (inict, but is showing some improvement, 

 and fio( ring is moving actively in all parts of 

 the Xfjrthwest. 



London. 



Ilusincss is quiet here, buyers finding that 

 they can sdpply most of their wants from goods 

 on the quay at docks, of which the arrivals have 

 been ample, although mostly of inferior grades. 

 However, in most cases the quality has fitted 

 the prices which buyers can afford to pay, manu- 

 factuiers not being able to get such advance on 

 their products as will enable them to pay the 

 advance in prices, and they are therefore sub- 

 stituting as far as possible lower grades of 

 stock. 



In whitewood there is a very good demand for 

 prime grades in planks and dressed boards, but 

 the stocks on hand are very light. No. 1 com- 

 mon is in good demand at good prices. Culls 

 are wanted and are in good demand owing to 

 tile high price of the lower quality of Canadian 

 pine, in place of which this lower grade of 

 whitewood, is used. Oak planks are in request 

 and command a ready sale ; boards in all grades 

 are d!ffic\ilt to dispose of and the stocks are 

 ample. There is a much better demand for 

 quartered boards and planks and moulding strips 

 are scarce and would find a ready sale at good 

 prices. The walnut demand is much better than 

 it has been for some time past. Satin walnut is 

 in better favor, but I he inqulrijs are mostly con- 

 fined to the lower grades. Mahogany is very 

 firm, with higher prices ruling, and whilst these 

 high prices rule for logs buyers are looking with 

 more favor on the American cut boards and 

 planks. 



POPL.AR 



Rough and Dressed 



SOUTHERN HARDWOODS 



M. A. HAYWARD 



1021 Saving and Trust Bldg., Columbus. O. 



COUNTERFEIT CHECKS 



are frequent 

 except where 

 our 



Two Piece 

 Geometrical 

 Barter Coin 



1b in use. then 

 imitation i.sn't 

 pOBsible. 

 Sample if you 

 ask for it. 



S. D. CHILDS 

 4 CO. 



Chicago 



We also make 

 Time CbecliB, 

 Stencils and 

 Log Hammers. 



CORRESPONDENCE SOLICITED 



When you have anything to sell, or wish to 

 purchase anything in the way of 



HARDWOOD LUMBER 



CROSS TIES OR PILINQ 



Norval Osburn, Seaman, Ohio 



