HARDWOOD RECORD 



37 



Timber 

 Estimates 

 Guaranteed 

 Correct 



f Do you want tu know , almost to a tree, 

 just what timber there is on a tract ? 



II When you ])ay out your money for tim- 

 ber, it is important to know exactly 

 what von are buyini;. The only way 

 to know this is to have Estimates 

 made of the timber. 



11 Our large corps of experienced timber 

 men will do this right. 



II We cross each forty, each way, four 

 times. 



II THERE IS NO GUESS WORK. 



*l We furnish maps showing exact location 

 of timber — streams and surface condi- 

 tions, aflfectini;, in any way, logging 

 operations. 



II No tract too large— none too small. 



1[ Correspondence solicited. 



Barney & Hines 



Tennessee Trust Building 

 Memphis, Tennessee 



POPLAR 



Rough and Dressed 



SOUTHERN HARDWOODS 



M. A. HAYWARD 



1021 Saving and Trust Bldg., Columbus, O. 



CORRESPONDENCE SOLICITED 



When you have anything to Bell, or wish to 

 purchase anything in the way of 



HARDWOOD LUMBER 



CROSS TIES OR PILING 



Norval Osburn, Seaman* Ohio 



COUNTERFEIT CHECKS 



are frequent 

 except where 

 our 



Two Piece 

 Geometrical 

 Barter Coin 



1b in u-^e. then 

 Imitation isn't 

 posBihle. 

 Sample if you 

 ask for it. 



S. D. CHILDS 

 < CO. 

 Chicago 



We also make 

 Time Checks, 

 Stencils and 

 Log Hammers. 



fur salo hi're. t'.vprpss is offered, hut moderate 

 quantities aud i)rk'c's uvi' fairly well maintained 

 thereon, t'ottouwood in all deseription.'^. exeepl 

 narrow tii-sts and .seconds, is in ;^o<jd demand 

 and is moviiiK readil.v at satist'aelor.v vaUies. 

 In fact, tile lower grades are almost as scarce 

 as thej' have been at any time this season, 

 which gives them remarlsable strength. There 

 is more red gum in all grades than for some 

 montlis and the market feels the influence of 

 increased offerings. r.ut the amount of price 

 reduction, considering the high levi'l at which 

 gum sold s(une lime ago. is remarkahly small. 

 The lower grades are in relatively heiter demand 

 than the higher, a condition wliich has Iiemi 

 evidr-nt hei-e for some time. 



New Orleans. 

 <;enerally the market conditions liave changed 

 very little in the last fortnight. .\s a matter of 

 fact they are practically tlie same as they have 

 heeu during the greater part of Ihe summer. 

 'I'here is still a good interior deinanii, but the 

 car shortage whicli is becoming acute is inter- 

 ti-ring witli supplying this. .\t present the ex- 

 port demand amounts -to very little, and whtil 

 few export shipments are sent through Iliis way 

 are being delayed hy the tie-up on the river from. 

 .Vs a rule the market is not in satisfactory shape 

 ami jui imjH-ovement is being anxiously awaited. 



Minneapolis. 



Ilusiness in llie twin cities anil in th>- tiorlli- 

 west generall\ is rather ligliL in all lines, with 

 hardwood no exeei)ti(m to the rule. Tlie country 

 trade is quiet and has been right along. T!ie 

 l;iteness of the season has kept back business 

 and the yards are generally stocked up for their 

 present needs. There is a good state of feeling 

 all over the northwest, and later on some coun- 

 try improvement may be expected. In the cities 

 tile factories are all busy and are working ui) 

 cuusiderahle liardw<iod. hut they luive been buy 

 ing stock right iilong as offered, and at this tinii- 

 are not stocking up ahead, rurcliases are (m\y 

 On- present needs, so while the market is healtliy 

 in tone it is quiet. I'rices are well maintained. 



Hirch has been a good seller, and is a little 

 stiffer now in price, as stocks on hand are melt- 

 ing down to a low point, and a scarcity by 

 spring seems to be probable. liasswood stocks 

 lire broken, the low-grade hoards being sold out. 

 iind there is no wide stock in the market. Con- 

 sumers who require it are obliged to send away 

 for poplar tind Cottonwood. In the upper grades 

 theie are small offerings at full list price, which 

 are being taken right along. Maple flooring has 

 been .selling freely, but is not as active now as 

 a while ago. Kock elm is practically out of thi' 

 market, and the same is true of ash. There is a 

 little northern red oak to be had. and southern 

 ..ak stock is offered, but the car shortage is 

 giving trouble and mills cannot promise any- 

 thing like a prompt delivery. On ac-count of 

 the car situation prices seem certain to remain 

 on the present level at least, even if rlemand 

 continues slow. 



Toledo. 



The hardwood market is becoming somewhat 

 stronger as general conditions continue ti) ini- 

 [u-ove. For some time the call has come almost 

 exclusively from the manufacturers, but the re- 

 cent impetus in the building business locally lias 

 created sfuiie demiind from other sources. 



I'oplar is sliowing up soniewluit more freely 

 Ilian it has for some time, but the market price 

 on all the iietter grades remains unshaken. The 

 sliorlage of poplar is due largely to th<' inability 

 to secure transportation facilities fmin certain 

 fields. Shipments are now coming more freely 

 from all tiuarters. but with the increased supply 

 has come an increased demand, so that there is 

 no immediate prospect of a break in the poplar 

 market here. 



Hasswood and .gum are Hnding a ready mar 

 Uet 'il local box factories, and it is with difli- 



culty that sufficient quantities are found to meet 

 their needs. 



nther hardwoods seem to remain unchanged, 

 with about normal supplies and prices holding 

 their own. Present indiealiims jioint to a prob- 

 able increase in the demand on ail kinds of hard 

 wood. 



Some oak and other lumiier is lieiug received 

 for export from this porl, but the quantity is not 

 large as compared with Ihtit of a few years ago. 

 much of the heller limber liavini; lii.en culled 

 nitl in litis state, leaving litlb' for siu-h pitrposes. 



Liverpool. 



Tlade bits been lerrilily quiet iliu-illg Ihe last 

 fortnight and prices of most liardwoods have 

 gone to pieqes. We have heard an awful lot of 

 grumbling and we are afraid many salesmen have 

 hart .■limost blank days with little or nothing to 

 show for their trouble. 



.Vsh planks are very much easier and undoubt- 

 edly will be very cheap if all reporis as to tue 

 extent of demand and supply in .\merica are 

 true. We sliould advise shippers to tealize as 

 early as possible as the prices have ttudi>iibledly 

 seen their best days here. Oak planks are also 

 in a similar state and we think that the .same 

 remarks apply to this stock. We also think that 

 Ihe top has been seen with poplar lumber. Ship- 

 pers are beginning to send cm their old contracts 

 itiul buyers here are Hnding it hard to maintain 

 iheif present high valuer and much cutUng of 

 prolit is taking place. We advise shippers to 

 realize their stock as near itrcsent values as pos- 

 sible as we have heard of some shipiiers who 

 are offering stock and not Hnding buyers which 

 is of coui-se always a bad sign. The only two 

 Hrin spots at this mtirket are mahogany and 

 hickory and in view of the ridicule that has been, 

 thrown at us it is rather interesting to note the 

 present values of the latter wiuid. It would be 

 very interesting to know what a good parcel of 

 till' latter wood would bring. .Mahogany with 

 the exception ..f (Jaboon and simiittr cheap de- 

 scriptions still continues its upward career. 



From a large Liverpool firm the lUuinviiiii, 

 Ki;cOKD received tlie following account of the 

 recent mahogany sale at that place : 



The usual mouthly auctions were held here 

 September 111 and :iii : 2. .'■.TO mahogany logs, 

 measuring alxiut 1 .."i.sii.diiii fret. Liverpool ma 

 hogany measure, were sold. 



The company attending these sales wtis smaller 

 than usual. Several of ilie extensive home pur- 

 chasers were conspicuous by their absence, and 

 tlie contingent of .American representatives, while 

 present in full force, were, with two or three 

 exceptions, c'ertainly tint up to concert pitch in 

 I lie matter of bidding. As a result the sales 

 dragged rather heavily at points, and quite a 

 number of lots were withdrawn Iiecanse the fig- 

 ures offered did not reach the auctioneer's ideas 

 of their value. 



There was a <'onsiderable i|uantily of medium 

 and low-grade wood in the catalogues. For these 

 there was a decided Iireak in price compared with 

 recent sales, (iood and high-grade lumbi>r and 

 logs generally mtiintainert their values, though 

 oi-casionaliy. and especially on the last day, de- 

 cided bargains were picked up. It i>^ now pretty 

 sure that bu.vers will have opportunities at the 

 October. November and iiecember auction to se- 

 cure fair quantities of wood at reasonable rates. 

 .Vfter Christmas imports fall off and prices 

 geuerail.v advance. 



The principal items of the sales were ."lOO logs 

 Lagos, sold at from .">(■ to -lie, avcu'aging S.OSc 

 per foot: 83 logs tJraud Bassam. iVjV to 50c. 

 averaging lie per foot ; 480 logs Axira, 4Mje to 

 :i4e. averaging 7.12c per foot : 531 logs Sekondi. 

 ■iV^c to 19c, averaging 6.30e per foot: 285 logs 

 i'ape Lopez, 4r.jc to lie. avertiging It.oOc per 

 foot. 



'i'he wood is sold on Liverpool mahogany meas- 

 ure, which averages 311 per cent in buyer's favor 

 compared with the actual measure of logs. 



