Published In the Interest of Hardwood Lumber. American Hardwood Forests. Wood Veneer Industry, Hardwood Flooring, 

 Hardwood Interior Finish, Wood Chemicals. Saw Mill and Woodworking Machinery. 



Vol. XXII. 



CHICAGO, APRIL 25, 1906. 



No. 1. 



Published on the 10th and 25lh of each month fcy 



THE HARDWOOD COMPANY 



Henry H. Gibson, President Frank W, Tuttle. Sec-Treas. 



OFFICES 



Sixth Floor Ellsworth BIdg.. 355 Dearborn Sl Chicago, 111., U.S.A. 



Telephones: Harrison 4960 Automatic 5659 



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ALL ROADS LEAD TO MEMPHIS. 



The ninth annual convention of the National Hard- 

 wood Lumber Association will be held at the Gayoso Hotel, 

 Memphis, on Thursday and Friday, May 3 and 4. 



General Market Conditions. 



The bartlwood market i-onditions Oiroughnut the country still re- 

 main strong in practically every wood. The good end of poplar, 

 Cottonwood and basswood has taken care of itself for many months 

 in admirable shape, and stocks in first hands have been reduced to 

 the minimum. Latterly the demand for the low grades of theso 

 woods has been increased to such an extent that generally the produc- 

 ing market is very bare. This demand is directly traceable to the 

 immense call for box ahooks. As the low grades of conifers have 

 not been equal to the demand for box shook purposes, box makers 

 have taken on not only the comparatively soft hardwoods noted, 

 but are also augmenting the supply with the coarse end of nearly all 

 the denser hardwoods. While a few years ago nothing but soft- 

 woods was employed in box making, today one see.s vast quantities 

 of boxes and crating made of giun, elm, birch, beech, etc. 



Oak still has the lead in demand, and while some quartered stock 

 has been sold recently at a pretty low value in the middle West, 

 both demand and price are looking better in the eastern sections. 



There is no gainsaying the fact that hardwoods of practically 

 every variety are going to be in very short supply before midsummer, 

 and many of them are pretty nearly out of the market at the present 

 time. Apparently there is not a cloud on the hardwood horizon, and 

 every man who has any variety of hardwood for sale will be able to 

 obtain a good price for everything he has. Communications from 

 northern sawmills indicate that they have sold in advance the larger 

 proportion of the stock they will saw during the season to jobbers 

 and wholesale consumers. In the South advance contracts have been 

 taken to nearly as great an extent. It is patent that the majority of 

 jobbers have placed themselves in a very good position in the mar- 

 ket for the succeeding few months, as they either own or have 

 under contract the larger proportion of the output for 1906. 



Farm Wagon Woodstock. 



The Hardwood Record is in receipt of the following letter, under 

 date of April 12, from E. W. MeCullough of Wilmette, II!., who is 

 secretary of the National Wagon Manufacturers' Association of the 

 United States: 



I have been much interested in your issue of the 10th and 

 greatly admire the enterprise you exhibit in bringing the 

 various matters of interest before your people, but in -re- 

 ferring to your article entitled "Farm Wagons and the Hard- 

 wood Industry" I rather think that you state some of the 

 conditions a little strongly, and there is a possibility that 

 some of your mill men will talie a position that will event- 

 ually prove disappointing to them. 



I refer to your statement that the present prices of hard- 

 wood dimension stuff are satisfactory to the wagon makers. 

 This is true only in the same sense of the boy chasing the 

 woodehuck — he simply had to have it, and while all con- 

 sumers of hardwood realize that some of the advance is 

 justly due to the growing scarcity of it in some sections, un- 

 doubtedly the larger part of the advance is due to the In- 

 creased demand and the natural tendency to get all we can 

 while we can. 



The position of lumber, in a sense, Is much the same as 

 that of hard coal — It Is a natural product and is just where 

 nature left it, while the facilities of getting it out and manu- 

 facturing it have greatly improved and in a manufacturing 

 sense should mean lower rather than higher prices ; but 

 when it Is suggested that, after some kinds of lumber have 

 advanced over one hundred per cent in the last six or eight 



