HARDWOOD RECORD 



27 



earli for $1,500,000. Tho lands are situated in 

 llie <;eorgian Bay distriit of Canada and are said 

 to be wi'l! timbered, largel.v witli liardwood. 



W. C. ilinman. one of llie sloelvliolders in the 

 Upham Manufacturing C'ompan.v of JIarshiield" 

 lias purchased of C. V. Duubar of Wausau ten 

 forties of hardwood lands in Ta.vlor ccninty. said 

 lo lie eover.'d witli 4.(ii"i.il(Hl feel of timber. The 

 I'pliani Mamifaelnring Company deals largely in 

 hai-dwuod lumber, furniture and liardwood novel- 

 lies. 



'i'lie Ivi'-I Woodi^nware Company of Kiel has 

 decided to liuild another factory near .Marsh- 

 lield. The company yearly consumes a large 

 amount of elm lumber in making cheese boxes, 

 oil can .jackets, etc. 



'l"he Kaiidy Manufacturing i'ompaiiy of (jrand 

 liapids, which lately moved to tliat city from 

 Ncillsville. has started its factory in operation. 

 .\ large amount of new machinery has been 

 :idded. which will greatly increase the output of 

 the plant. 



Suit lias lifcn brought by 1'. II. .loliuson of 



i;iiiiiclaiiilrr agaiiisi tic Marshtield Land cV; 

 Lumber Company and the Upham Manufacturing 

 Company of .Marshtield to compel the fulfillment 

 of an option said to liave been given the plain- 

 tiff by tile defendants on hardwood lands owned 

 by them in Lincoln and Taylor counties and 

 recently sold to the Copper River Land Com- 

 pany tor a consideration of $.'il)(l.()00. It is 

 claimed by the plaintiff that in .luly. 1 !»)(!. the 

 defi'udants gave an option on the property to 

 .1. S. Crosby of Creenville. Mich., for .f.'iOii.ooii. 

 the term lieing for one year. F. II. .Johnson, 

 tlie plaintitf. acquired the option Jtnd was en- 

 gaged in looking over tlie lands when they were 

 sold to the Copper River Company. Tlie suit 

 is lirought to compel a speeiti(t performance of 

 contract. Tlie complaint alleg<'s that the lands 

 are reasonably worth .f l.tioo.ooo and the plain- 

 titf asks that eitber tiiey lie solil to liim on liis 

 option price of .f.'.lio.ooo or that di<fendants he 

 forced to pay him .^."ido.iMii.i. the dilTerence be- 

 tween Ills ojit ion ]irice and the aUeged value of 

 tlie iiroiirily. 



Hardwood Market* 



(By HARDWOOD RECORD Exclusive Market Reporters.) 



Chicago. 



Local conditions in iiardwoods remain some- 

 what ■■spotted." Those who liave well-assorted 

 stocks or good sources of supply arc enjoying a 

 very fair trade at good prices. Dak and poplar 

 are the strong sellers. There is a fair call for 

 northern hardw-oods, hut some items are drag- 

 ging, notably incli and a half gray elm. The 

 local trade is not at all worried over the situa- 

 tion, as it has had an tinusuaily good summer 

 trade and sees ahead of it <i most excellent fail 

 demand. 



Dwing to the remarkably largo quantity of 

 cheap furniture made in this market, there is 

 an unusual call for the sound coarse end of 

 hardwood products in nearly all varieties of 

 wood. These manufacturers are constantly ask- 

 ing for lumber that is cheap. On the whole the 

 demand for iiardwoods in the Chicago market 

 runs comparatively light for firsts and seconds 

 and fancy varieties. The present demand is no 

 exception to this general rule. 



Boston. 



There has been a slight iniprtivemeiit in the 

 local hardwood market, but the demand is still 

 far from active. In this section then' has been 

 considerable building going on this summer, 

 which will naturally call for interior finish dur- 

 ing the fall months. The manufacturers of house 

 finish are very busy and have been for two or 

 three- weeks past. In some instances orders 

 placed the first of .August have not been deliv- 

 ered. Furniture manufacturers are in the mar- 

 ket picking up anything tiiat looks like a bar- 

 gain, but they are not buying freely In anticipa- 

 tion of future requirements, as the ma.jority 

 have very good sized stocks on hand. The local 

 yards are carrying fair stocks but are beginning 

 to make inquiries with the idea of preparing for 

 an iictive fall business. Prices tliroughout the 

 market are more firmly held, and In many cases 

 mills are asking higher prices tlian they did a 

 month ago. Cypress is in moderate call witli 

 prices well held. Maple flooring has not been 

 in active call and otferings are not large. Prices 

 are fairly well held under the firm market for 

 rough maple. Quartered oak has begun to show 

 some Improvement. There is much more export 

 inquiry for common quartered oak and sales of 

 black walnut are reported for export. Plain oak 

 is firmly held. Whitewood still moves in a mod- 

 '■ritte way, but prices are firmer and advices from 

 mill points state that holdings of dry stocks are 

 small. Chestnut Is in very good demand. Deal- 

 ers report fair inquiry for thick stock. 



New York. 



Tile general movcnicnt of iiardwoods con- 

 tinues good, particularly In the manufacturing 

 Tiranch. where the makers of pianos, furniture 

 and novelties are busy with their holiday goods. 

 The general yard trade is fair and there is a lit- 

 tle more activity noted in purchase than for the 

 past few weeks. .-it hardwood manufacturing 

 points, according to returning buyers, there are 



no surplus slocks, and tlicrc is a lit lb' Ifss 

 ttndency towaril concessions ur forcing tlic mar- 

 ket than Is usually the case. Wholesalers hav- 

 ■ ing any amount of good hardwood stocks are 

 aware of their value and the ' inability to re- 

 place them In time for the fall and early 

 winter trade, and are therefore liolding them 

 for the best prices. Tlie excessive rains and 

 the general demand of the country for hard- 

 wood lumber have broken stocks considerably, 

 especially in the better grades, and the outlook 

 is in favor of firm prices during the ftiil and 

 winter trade. 



The stocks in most call at the present time 

 are ash. birch and chestnut. They are ruling 

 firm at good prices. Plain oak is not quite so 

 active as it has lieen, but prices are steady. 

 Poplar is moving fairly well, but there seem to 

 lie ample offerings for current wants, and the 

 market Hni'tuates a little. Quartered oak Is in 

 lilentiful supiily, and is not active. Maple is in 

 iiincti iln' same position. 



Philadelphia. 



t 'onsidi'rabie slock is coming into the market, 

 owing iirobalily to the good weather at mill 

 points and the brisk demand from wliolesalers. 

 The trade reiiorts prices firmly held and business 

 slightly better than a fortnight ago. I'oplar is 

 in demand, as are also chestnut and oak. 

 Cypress is still coming on the market in quan- 

 tities and finding ready takers, and there have 

 been rather large quantities of basswood sold. 

 Nearly all the firms report that their business 

 has been steadily increasing this year in the 

 aggregate and. although the summer montlis 

 showed a slight falling off in di'inand, the 

 general average of sales made during the year 

 Is In excess of that of last year. 



The retail yards are buying, but not in great 

 quantities, although a resumption of heavy trade 

 is expected in the course of the month. The 

 general feeling is that a prosperous fall trade 

 will oci-iir. 



Baltimore. 



ISriskncss continues to In- iliaracterislic of 

 the hardwood trade in this section, and there is 

 prospect of further increase in the volume of 

 business as autumn approaches. It is not easy 

 to see, however, Ikivv material additions to the 

 trade can i)e made since the demand htis all 



along absorbed tl nlpnt of lb.- nulls, though 



they were run at rull i-apai-ily. nf course, if 

 the weather improves, manufiicturers will be 

 able lo increase production. So far the Inquiry 

 has been eiitirel.\' up to the outjuit and niueh 

 competition for stocks at iioints of manufac- 

 ture has been the rule. 



Good oak in particular is eagerly sought, 

 bringing satisfactory prices. So large is the 

 consumption of oak on the part of domestic 

 users that exporters find it difficult to obtain 

 lumber for shipment al^road. 



Ash is hardly less active than oak, all the 

 mills having orders enough on hand to keep 



them going for some time, and prices being 

 attractive. Chestnut and all the other -woods 

 in general use are likewise freely called 

 for. Poplar has lost none of its snap. The 

 prevailing prices of walnut serve to bring 

 out lumber and log.s in large quantities, and 

 the export trade in this wood is as receptive' 

 as usual. 



Pittsburg. 



Firmness prevails throughout thr entire list of 

 hardwoods. It Is safe to say that never before in 

 the history of Pittsburg has tlie fall market 

 opened with liardwood conditions so uniformly 

 satisfactory. Witli ,. flier dealers, the hardwood 

 men are sharing the disappoint niiuit that comes 

 from unsettled conditions in the tiuiiding world 

 in llreater Pitlshiirg, dni- to the carpenters' 

 strike and sympatbctii- labia- agitations. But 

 this is more than offset liy the big inquiry from 

 outside points for hardwood for manufacturing 

 purposes. 



Prices are uniformly firm, with a steady ten- 

 rlency upwaril. For oak it is a matter of daily 

 occurrence to hear of pic>mlums being paid for 

 prompt delivery. Poplar is also a banner wood 

 in market. Chestnut is an active seller, and 

 the better grades are now comtnanding fancy 

 prices. The call for maple continues excellent, 

 and Hooring is one of the best sellers in the 

 market the last two weeks. Since August 1 

 there has been a wonderful increase in the bulk 

 of business done by local firms in southern hard- 

 woods, and tliere is every prospect that this 

 business will be tremendously increased before 

 .Tannar.v 1. 



BuiTalo. 



The liartlwood lumber trade here is in excel- 

 lent shape. The general supply is (inite as 

 good as could be expected and more, no doubt, 

 than was thought possible last spring. 



There is no longer fhi- overstock of maple 

 that there was last year, and there is now con- 

 siderable movement to elm and basswood. Pop- 

 lar, being so scarce, it has been necessary to 

 return to basswood, though prices at the mills 

 are still called high. 



Birch is quite plentiful and is increasing in 

 use. in place of more expensive hardwoods, 

 especially mahogany and oak. Some very fine 

 birch veneer doors are going iufi. use here at 

 ver.v low prices. 



Some very nice whit.- and black ash is now 

 coming down the lakes, hut it will be very hard 

 to get enough of eitlier to make a fair stock, as 

 the demand is so great. Washington fir is 

 being substituted for ash and maple is used 

 where great strength is not needed. The oak 

 supply is fair, quartered always being in good 

 assortment. There is not mucli chestnut unless 

 it be of the low grades. 



Cincinnati. 



There was no dullness visible in this market 

 during the summer months, but with the opening 

 of tile fall months improvement is noticeable. 

 The only discouraging element is the shortage of. 

 cars. Firms ordering ten cars are fortunate in 

 getting two within a day or two, while they 

 have to wait a week for their full quota. 



The building situation Is In excellent shape. 



Consumers are becoming anxious regarding 

 tlieir fall and winter requirements and a lively 

 demand is expected to spring up within a short 

 rime. Stocks are reported in bad sliape. unbroken 

 lots of any size being liard to find. There is gen- 

 eral opinion that advances in prices are sure to 

 materialize. 



Plain oak within the past two weeks has con- 

 tinued the dominant feature of the market. 

 Stocks are low In both red and white. Quartered 

 white oak finds a free outlet for the better 

 grades, but common is inclined to quietness. Red 

 quartered has been only moderatel.v active, but 

 manufacturers are confident regarding the future 



and have not urged consumers t juie into the 



market. 



Ash has been very strong under a big demanii 

 extending to all grades and thicknesses. With 

 stocks at a low ebb prices have been maintained 

 on a strong basis. 



Cypress has sold well and the same can be 

 said for chestnut. 



Firms dealing in maliogany are well pleased 

 with the outlook. The demand is constantly 



