HARDWOOD RECORD 



31 



occupied. For the property bounded by Napo- 

 leon . avenue, Leake avenue. Tchoupitoulas and 

 Jena streets and the Mississippi river the lumber 

 manufacturing concern gets .$138,000 cash and a 

 ten-year lease on nominal terms of ten squares 

 of ground on the new basin. It is here that the 

 $100,000 plant of the Alcus people will be built. 

 The former capacity of the Alcus factory will 

 be doubled and employment will be given to 

 about 350 men. The plant will consist of a 

 main building, 300x200 feet, constructed of wood 

 and steel ; a large warehouse, a boiler room and 

 an engine room. The rest of the property will 

 he used for the storage of large quantities of 

 material. It is stated that the new plant will 

 be ready for operation in ten weeks. The Alcus 

 people also bought recently a flue site adjoining 

 that which they sold to the railroad company, 

 paying $27,500 cash therefor. Their second 

 factory will in ail probability be erected here. 



Louisville. 



Mr. Overstreet of the Southern Lumber Com- 

 pany says that there is no trouble in selling 

 stock these days ; in fact, his company is not 

 making any effort to sell, but is bending all its 

 energies to complete what orders are on hand 

 and get a supply of lumber to the railroads 

 from inland mills to take care of the fall orders 

 as they come in. He says he expects to have 

 four million feet of poplar piled at Somerset 

 this fall. The company's oak output is already 

 sold ahead at satisfactory prices, so there is no 

 worry on that score. 



The Stotz Lumber Company reports the hard- 

 wood market in excellent shape and says every- 

 thing it can get hold of sells readil.v at fair 

 prices. The concern finds the market especially 

 strong on poplar. 



The W. P. Brown & .Sous Lumber Company 

 reports things rushing at its yard. The main 

 volume of the company's l)usiness is iu oak, but 

 it handles lots of poplar and other hardwoods. 



The box factories here have been unusually 

 busy all summer, but ttie heads of some of the 

 institutions manage to get away for a little 

 rest just tie same. ('. C. Mengel has gone to 

 Europe for four weeks. II. r. Roberts of the 

 Mengel Box Company has gone to Denver on a 

 vacation trip, where his family preceded him, 

 and Secretary Armstrong of the Tyler Box Com- 

 pany is taking a trip to New York City, where 

 he will attend the summer meetiug of the box 

 manufacturers' association. 



Minneapolis. 



W. II. Sill of the Minneapolis Lumber Com- 

 pany says that while the volume of actual 

 transactions just now is rather light, there is a 

 big inquiry and every prospect of a splendid 

 business to start early in September. One large 

 customer has announced that he is ready to 

 make his usual fall contract for basswood. 



Robert Corbett of I.adysmith, Wis., a well- 

 known hardwood producer, spent last week iu 

 Minneapolis, accompanied by Mrs. Corbett, and 

 took in every feature of the Grand Army 

 encampment. Mr. Corbett is a veteran and was 

 in line on the day of the great parade. 



George E. Foster of the Foster-Latimer Lum- 

 ber Company, manufacturer of hardwood and 

 hemlock lumber at Mellen, Wis., was here on a 

 business errand a few days ago. 



Among the visiting Grand Arra.y men in Min- 

 neapolis last week was B. Miller of Kansas 

 City, president of the L'Anguille I, umber Com- 

 pany, which lias a liardwood mill at Marianna. 

 Ark. Mr. Miller enlisted from Kansas and 

 after the war went into the southern lumber 

 field as one of its pioneers. Ills company makes 

 a great deal of red gum lumber, and Mr. Miller 

 says it is having a ready demand for everything 

 it can manufacture. The company exports con- 

 siderable hardwood by way of New Orleans. 

 The company's liand mill which was built 

 eighteen years ago was the first one in that part 

 of the country. 



C. F. Osborne of Osborne & Clark is back 



from a visit to their i-etail yards at and near 

 Erie, III. He is very well pleased witli the 

 outlook for retail trade in that section. They 

 are having a steady demand from the country 

 yards for hardwood yard stock, and the country 

 towns seem to be using more maple llooring 

 than last year. 



F. II. Lewis, the local wholesaler of liarflwofid 

 and hemlock lumber, reports a much better 

 demand from the large factory buyers than is 

 usually experienced during August : also iu- 

 quiries wliicli indicate a desire to make con- 

 tracts and place large orders for supplies early. 



E. l*ayson Smith of the Payson Smith Lumber 

 Company, whose trip to southern points was in- 

 terrupted by illness, returned from Hot Springs 

 last week, and a few days at home quickly 

 brought him around again. He is now making a 

 short business trip in Wisconsin. 



Ashland. 



The luinliermeu were disappoinli'd over the 

 small run of logs that came out of the Big 

 Sandy on tlie recent rise. A large number of 

 rafts were afloat, but the river fell too rapidly 

 for them to reach the market. Good poplar is 

 very scarce, and is bought up at any price. The 

 mills hope to be able to accumulate sutlicient 

 dry stock for tall orders, but at present stocks 

 are so broken that the.v can not fill orders for 

 carload lots. I'rices have advanced on jioplar 

 as follows : 



$1.00 on firsts ond seconds. 



$1.00 on No. 1 common. 



$1.50 on No. 2 common. 



$1.00 on No! 3 common. 



$1.00 on box boards, both wide and narrow. 



W. II. Hawkins and J. H. Kester. of the W. 

 II. Dawkins Lumber Company, are recuperating 

 and having a line time in the East. 



S. M. Bradley and J. T. Reynolds, prcunineut 

 Morehead lumbermen, were among the week's 

 visitors. 



Mr. and Mrs. .1. K. Walker are grieving over 

 the death of their six-weeks'-old son, Eugene 

 Ernest. He was an only child, which makes the 

 blow doubly hard. The body was taken to Gal- 

 lipolis, O., for interment. Mr. Walker is con- 

 nected with the Keyes-Fannin Company. 



Giles Wright is in Cincinnati nn a business 

 ti-ip. 



.Mrs. Win L. Watson is speudins a lunuth at 



Mahan, W. Va.. with her husband, who is 

 looking aftiM- his large lumber interests tluu-e. 



Mr. and Mrs. John W. Kitchen have arrived 

 home from an extended trip through the East. 



A deal has been closed iu Huntington. W. Va.. 

 whereby Geo. I. Neal. John II. Holt. H. C. Dun 

 can and Claude (jaujot sold the timber rights on 

 10.000 acres of land on Pigeon Creek, iu 

 Mingo county, to C. Crane vV; Co.. of Cincinnati. 



The Clearfield Lumber Company, of Morehead. 

 is pushing work on the Morehead and West Lib- 

 erty Railroad, recently purcliased. The name 

 has been changed to the Morehead & North Fork. 

 This company owns between 40,000 and 50.000 

 acres of tine timber laud in Rowan and Mor- 

 gan counties, and the railroad will be extended 

 to Paragon, the center of operations, where sev- 

 eral largo mills are located. Two long tunnels 

 are to be built, and a large electric light plant 

 lias been installed that work may go on uigbt 

 and day. 



Sam Beswick, of lluntinglon. W. Va.. has sus- 

 tained the loss of his lumber yards at that 

 place by lire. Large quantities of lumber w-ere 

 totally destroyed. The engine room of the plan- 

 ing mill was burned down, and considerable 

 damage done to the machinery. The warero<inis. 

 which were filled with paints, oils and other 

 chemicals, together with their entire contents, 

 were destroyed. On account of the high rates, 

 Mr. Beswick carried no insurance on his lumber. 

 The engine room was covered by insurance. The 

 loss is estimated at from $15,000 to $20,1)00. 

 About six years ago Mr. Beswick Was burned 

 out in the same way. and in almost the same 

 locality. He will probably rebuild soon. 



The Citizens' Bank & Trust Company has re- 

 cently been organized in this city ; capital stock, 

 $200,000. The incorporators are among the 

 most prominent and influential business men of 

 Ashland, including the following lumbermen : 

 W. H. Dawkins. president W. H. Dawkins Lum- 

 ber Company ; W. E. Berger, treasurer W. H. 

 Dawkins Lumber Company ; M. W. Thomas, 

 president M. W. Thomas Lumber Company ; John 

 W. Kitchen, treasurer "N'ansant-Kitchen & Co. ; 

 J. B. Kitchen, manager of the Standard Lumber 

 & I'lauing Jlill ; S. M. Bradley of Morehead ; H. 

 N. Fisher of Webbville. Ashland is a splendid 

 location for such a bank, being a manufacturing 

 center. It will be the largest bank iu the Ohio 

 valley outside of tlie large cities. 



Hardwood Market. 



(By HABD'WOOD BECOIID Exclusive Market Reporters.) 



Chicago. 



While there was a little slackening iu the 

 demand for hardwoods in the Chicago consum- 

 ing trade for July and the earlier part of 

 August, there has been a manifest improvement 

 in both inquiries and sales during the past few 

 days. Even the most conservative of the job- 

 bing trade believe that the Chicago wholesale 

 ]]eople are going to have a remarkably strong 

 trade for the remainder of the year. 



It is known that the furniture, interior trim 

 and flooring people all have booked heavy orders 

 and the call for hardwoods from these sources 

 alone will be enough to furnish a large volume 

 of business to those who make Chicago their 

 selling lieadquarters. 



Chicago jobbers generally have taken advan- 

 tage of tlie slight lull in general demand preva- 

 lent during the past few weeks to scour the 

 producing districts pretty thoroughly, both per- 

 sonally and with the aid of their representa- 

 tives, with the result that they have made large 

 contracts for lumber in anticipation of a very 

 healthy demand. Some jobbers report that they 

 have a larger stock of lumber than ever before 

 in tlieir history, and all feel very optimistic 

 over turning tlieir purchases at a good profit. 

 The remarkable shortage of poplar has stimu- 

 lated the local sales in basswood and there is 

 generally a fair call for northern hardwoods. 



Both southern naU and the minor southern 

 products are in excellent call with an advancing 

 tendency in values. 



Boston. 



There has been very little activity in hard- 

 woods in this vicinity during the past two 

 weeks. liuyers are in the market, but show 

 little anxiety to stock up be.vond immediate 

 needs. Prices are firm, witli the tendency in 

 some instances toward a higher level. The 

 export demand is moderate only ; for several 

 weeks new Inisiness for export has iieen checked 

 by the bigli prices. Furniture manufacturers 

 are in the market and will take lumber in 

 anticiiiation of future reciuirements if the price 

 is attractive. JIanufacturers of house finish 

 are fairly busy and anticijiate a good fall's 

 business as there is considerable Imikling in 

 progress. 



Cypress is in stead.v d-'iiiaud with jirices for 

 the most part well held. It is reported that 

 dry stock at sliippiug points is ditficult to 

 secure. Whitewood is firmly held with the ten- 

 dency toward advance. Desirable stock at mill 

 points is not large. A moderate demand is 

 reported for maple flooring. I'rices hold firm. 

 Rough maple is not in large offering and quota- 

 tions are very firmly held. Chestnut is strong 

 with a very good demand reported. Native 



