HARDWOOD RECORD 



35 



Minneapolis. 



Considerable hardwood timber on the shore ol* 

 I.eeeh Lalie. Minnesota, is held by the Leech 

 l.alie Lumber Company, which is biiildiug a 

 siiwmill on tlie sliore of llie laiic, near Waiiier. 

 Tlie company was recently incorporated with 

 .$50.(10(1 capital stocl;, and Is biiiidint; a single 

 band mill. It will manufacture pine lumber 

 . liietiy. lint will also turn out oali, elm, ash and 

 basswoiHi, which are abundant along the lake 

 shore. 



E. I'ayson Smith of the I'ayson Smitli r.um 

 lier Comiiany has gone (or another business trip 

 into the South. The company is enjoying a 

 good run of business for the time of year and 

 lias made contracts for some long lines of stocli. 

 II has a good line of southern (;ak. whicli is 

 selling freel.v. 



L. ('. Nolan aud !•:. II. .Nolan of llie I'.acou- 

 .Nolan Hardwood Company, .Memphis, Tenu.. 

 were recent visitors to St. Paul, where they 

 wore formerly engaged in business. They have 

 sold out their timber land and mill at tl'hancy. 

 Miss., and have bought 10,(KI() acres of hardwood 

 :iiid gum timber land near Memphis. They 

 are putting in a sawmill and coojicrage plant, 

 to turn out staves and heading. They are using 

 led and white oak now in manufacturing head- 

 ing, and are turning out 3u,()00 sets a day. and 

 will begin making staves later. The sawmill is 

 also a future proposition. II will run largely 

 to gum, and the oak will lie used chiefly for 

 cooperage material. 



Frank 11. lardoe, manager of the plant of the 

 I-'enwood Lumber Compan.v of Wausau, Wis.. 

 ■ was in Minneapolis on business a few days ago. 

 lie reports an active demand and good prices. 



\V. 11. Sill of the Minneapolis Lumber Com 

 pany says the factory trade is rather dull now. 

 witii little prospect of improvement for thirty 

 flays, lie assures a heavy fall trade, however, 

 and judging by the present condition of liard- 

 wcxid stocks and the outlook for consumption, he 

 expects to see hardwood scarcer than ever next 

 spring and stronger in price. There is little or 

 no stock in rock elm, ash and northern oak. 



C. I-'. Osborne of (Jsborne & ('lark reports an 

 '■\cellent demand from the retail .yards. They 

 • xpect the supply of northern oak for wagon 

 slock and otiier purposes to run low even earlier 

 1 ban last year. 



A. I'. Ilein of 'iony. Wis., iiresideut of the 

 .lobn Ilein Lumber Company, was in .Minneapolis 

 a few days ago. looking over the market. 

 . F. ,1. Lang, representative of the Wisconsn 

 Land & Lumber Company, Ilernuinsville, Mich.. 

 luis opened temporary offices in .Minneapoli- 

 again, as he usually does for a short lime twice 

 a year. 



Ilalstead & Kooi-eani, the new hardwood deal- 

 ers of St. Antliony Park, a suburb of St. Paul, 

 have moved their offices to rooms near the main 

 door of the Norf liwestern Furniture Exposition 

 Company. They are handling .southern hard- 

 wood, also lath and shingles, in addition to 

 northern oak. elm. birch, ash. basswood and 

 maple. 



The St. Paul Hardwood Iioor Companj- had a 

 slight less by fire on the evening of .Tuly 14. 

 Ils offices at 18(J West Fourth sireel, St. Paul, 

 were scorched, the loss amounting to about .$oiMi. 



.\n addition is being built to the plant of the 

 Villaume P.ox & Lumber Coniiiany in Si, Paul. 

 It will cost .$].S,niMi. 



Louisville. 



The hot weather is sending local hardwood 

 Imnbermeu off on vacations, liut getting out 

 material retjuires such strenuous attention these 

 days that not a few have to spenii their vacation 

 period out in the woods. Kdward L. Piavis is off 

 oil 'a vacation, and H. M. Overslreet of the 

 Southern Lumber Company is otit of town, but 

 is down among the mills, hardly ou a vacation. 



W. A. McLean of the Wood-Mosaic Flooring 

 Company is going north next week. Speaking 

 of liusiness here, .Mr. McLean says that his com- 



pany is busy both in Xew Albany and at the 

 Highland Park plant and is managing to keep 

 logs enough to operate its mills righl along, 

 although only by steady hustling. Among the 

 liroducts at Xew Albany is quarter-sawed veneer. 

 The (ompany operates three veneer saws in ad 

 diliou to its sawmill, wood-mosaic flooring and 

 carpet works there. 



The Stotz Lumber Company reports busy limes 

 in its hardwood department. It has orders 

 ahead that are cleaning up stock pretty closely, 

 so that it has to hustle for sujiplies most of tlie 

 time. In fact, everything in hardwood is moving 

 briskly and the general tendency of prices is 

 upwartl. 



It. M. Cunningham is on the sick list this week 

 and 'I'. Siiiilh Milton, his right bower, has both 

 hands full. 



.\nioiig the out of town hardwood visitors 

 here during the week was George X. Welch, Mon- 

 terey, 'I'enn. He says the hardwood business is 

 satisfactory with the exception of the timber 

 suiipiy. and he flnds no difficulty in disposing of 

 all the stock cut, mostly poplar aud oak. 



W. K. Knox of Lucas E. .Moore ic Co.. Xew 

 Vork, stopped here en route home from the Mem- 

 phis stave meeting. .Mr. Knox says his concern 

 has been having some trouble getting enough 

 lumber to supply its contracts, but expects to be 

 a little better flxed in this respect hereafter, as 

 it has the cut of a new mill contracted for, the 

 stock from whicli will be available in a short 

 while. 



London. 



N'isitois from .\merica recently have been 

 .lojin N. Penrod of walnut fame, Kansas City, 

 M.... (1. M. Spiegle. .Mr. Elwood aud Mr. English. 



.Moir ^; (.'o.. prominent dealers of this city 

 and well known in Ilie I'niled States, failed re- 

 cently. 



The following clipping from llie Timber Trades 

 .It iirhal of .lune ;^(», liliKi, should interest .\meri- 

 ( Jill hardwood shippers : 



■liuyers of .\mcrican oak scantling in wagon 

 sets who have old contracts on hand have not 

 fiMind Ihemsclves miicli 'forrader' in the way of 

 delivery llian two or three months ago. (3ne 

 excuse after another has been put forward, but 

 witli the except i<in of some few instances, buyers 

 are still waiting for tlieir shipping documents. 

 In this mailer it is not only the small men who 

 it is \\ell Uiiown airily take up large contracts 

 upon the most insiibstatit iai expectations of ful- 

 lilling them, hut also a number of shippers of 

 re[mte — men who stand high in the hardwood 

 world — who have practically defaulted in their 

 contracts for oak planks. It is hardly nice to 

 Ihiiik that certain well known shippers who have 

 done a large trade — and. presumably, a profitable 

 trade — with this country iu oak planks for years 

 should now, when values have gone against them 

 to the extent of a few cents per foot, ignore their 

 delivery dates in the calm manner in w-hieh they 

 are now doing. We know of instances where, 

 through nondelivery of .\iiierican scantling, 

 wagon builders have bought freely of Baltic oak 

 logs, and if the present neglect of their engage- 

 ments continues, sliippers may find, on a return 

 lo more normal limes, that their trade in this 

 country has reverted to another and older chan- 

 nel. \\'e think tills is a mailer in wliic-b trade 

 associations on tills side miglit well make rep- 

 resentations to the organizations on the other 

 side entrusted with the care of shippers' inter- 

 ests." 



Hardwood Market. 



(By HABDWOOD RCCORD Exclusive Market Beporters.) 



Chicago. 



'I'iu'U' is no gainsayiuj; the fact tlial i Ih' local 

 hardwood trade is iiuiet. Ilowevoi*, [i rices on 

 sni.li stoek as is moving are heing well main- 

 tained. This is not an nnexpeoted condition lo 

 materialize in Chicago at this season, and in 

 tact the trade is much better than i1 was at a 

 corresponding pei-iod last year. The furniture 

 manufacturers, who consume a large quantity 

 of hardwoods locally, have been too busy in sell* 

 ing goods for the last month to pay much utten- 

 lion to supidementing their lumber stocks. There 

 IS every indication, however, that this consuming 

 demand will be large during the fall. The in- 

 terior finish and flooring people are buying with 

 considerable freedom to keep up with the im- 

 mense demand on their plants. There is a strong 

 (.all for freight and passenger oar material not 

 only IrHaMy but in all parts of the country, (m 

 which ('hicago dealers are realizing a yovy hand- 

 s(Mui' trade. 



Boston. 



In the local hardwood market the demand is 

 not attive. The majority of yards iu this vicin- 

 ity are fairly well stocked and in some instance.s 

 consuming manufacturers are carrying larger 

 stocks than the (U'dinai-y yard. Prices generally 

 arc \\ell Iield. although buyers show no disposi- 

 tion lo purchase beyond their immediate wants. 

 Many are apparently holding off. expecting to be 

 able to obtain slight concessions. Although 

 the demand is quiet here now a good fall busi- 

 ness is confidently expected. Dealers report a 

 much better demand in other sections of the 

 country than in Xew England, and for this rea- 

 son salesmen are making more frequent trips 

 away from home than usual. The export de- 

 mand is moderate. Exporters state that foreign 

 buyers consider prices too high. Furniture man- 

 ufacturers, especially those who give tlieir at- 

 tention to office furniture, are very busy. A car 

 shortage is reported. 



The demand f(u- plain oak. one inch, is quiet 

 aud offerings are slightly larger. Quartered oak 

 is in larger offering, but values are not mate- 

 rially easier. Black walnut is not in large offer- 

 ing and vahies are well held. Hrown ash is not 

 in as active request as it was. Maple flooring 

 attracts a fair volume of business. More demand 

 is reported from Xew Vork tiian from Boston. 

 \Vhitewocd moves in a moderate way with prices 

 steady. Cypress is steady. 



New York. 



A careful survey of local hardwood conditions 

 leaves no doubt but that the market is a little 

 off. not so m\ich as regards a falling off in con- 

 sumption as in the curtailment in buying. Con- 

 sumption is recognized to be about normal for 

 this season of the year, but as dealers and 

 manufacturers accumulated so much stock ear- 

 lier in the year they have ample supplies for 

 current wants. 



On tlie other band, both manufacturers aud 

 wholesalers nuide equally sure provisions as to 

 supplying the trade, with the result that buyers 

 have been in receipt of late of more stock than 

 they could use or handle aud considerable stock 

 is reported being thrown back on the seller or 

 by special arrangement held up at shipping 

 jioints. This creates a very unsatisfactory con- 

 dition and increases the temptation to force 

 sales, aud it must be admitted that the past 

 fortnight has witnessed too much of a tendency 

 in the latter direction. It is generally believed 

 that the present situation will speedily adjust 

 itself with the current movement in consuming 

 channels and that by fall a brisk demand will 

 again assert itself. It is further agreed that 

 the local conditions in the respect ag noted 

 above do not reveal actual conditions in the 

 hardwood trade by any means, but are simply 

 local and due lo heavy jiurchases. 



In such business as is offering chestnut in 

 the better grades and in common has the best 

 call. In fact, the demand is very active and 



