flarilwooil RooJM 



Published In the Interest of Ha.rdwood Lumber, Americ&.n HaLrdwood Forests. Wood Veneer Industry. Ha.rdwood Flooring, 

 H&jdvrood Interior Finish, Wood CKemlca>.ls, Sblut Mill BLnd Woodworking Mai.cKlnery. 



NEW Yi 



BOTANl 



OARDI 



Vol. XXIX. 



CHICAGO, NOVEMBER 10, 1909. 



No. 2. 



Published on the 10th and 25th of each month hy 



THE HARDWOOD COMPANY 



HENRY H. GIBSON, Editor. 



EDGAR H. DEFEBAUGH. M.D.ger. 



6th Floor. Ellsworth Bldg., 355 Dearborn St., Chicago. III. 



Telephones Harrison 8086-8087-8088 



Eastern Territory - 

 Northern Territory 



REPRESENTATIVES 



Jacob Holtzman. 916 Rothschild Bldg., Philadelphia. Pa. 

 - C. F. Dedekam, 355 Dearborn St., Chicago 



TERMS OF ANNUAL SUBSCRIPTION 



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In all other countries in Universal Postal Union ..... 3.00 



Subscriptions are payable in advance, and in default of written orders to the 

 contrary are continued at our option. 



Entered as second class matter May 26, 1902, at the Postolfice at Chicago, 

 111., under act ot March 3, 1879. 



Advertising copy must be received five d&ys in a.dvaLnce off 

 p\iblictt.tion da.te. Advertising ra.tes on e.pplloa.tlon. 



Coming Association Meeting 



HARD WOOD MANUFACTUEEKS' ASSOCIATION OF 

 THE UNITED STATES. 



The eighth annual meeting of this association will be held 

 at the Sinton Hotel, Cincinnati, on Tuesday, Wednesday and 

 Thursday, January 18, 19, 20, 1910. 

 LEWIS DOSTEE, R. M. CAEEIEE, 



Secretary. President. 



General Market Conditions 



There seems to be a growing strength in demand for the general 

 run of standard hardwoods, which is especially noticeable in firsts 

 and seconds and No. 1 common. Say what .you please, although 

 there have been some big blocks of No. 2 and No. 3 sold during 

 the last few weeks, the coarse end of hardwood is the slow seller. 

 The demand for firsts and seconds in nearly all varieties exceefls 

 the supply. No. 1 common is in good second call wherever it can 

 be utilized for remauufacturing purposes. In fact, wise remanu- 

 facturers of hardwoods are buying every foot of No. 1 common 

 they can on account of the lower price and relatively higher cut- 

 ting value, but the call for firsts and seconds is strong because 

 manufacturers of furniture and other woodworking lines have to 

 have a considerable quantity of firsts and seconds to secure a 

 percentage of necessary long cutting lengths that cannot be had 

 out of No. 1 common. 



Specifically tlie better end of poplar, especially in good widths, 

 is in strongest call and apparently there is not nearly enough to go 

 around; especially is this true in the automobile trade. The 

 Record office is deluged with inquiries for wide panel stock. There 



will probably be no large output of this variety ready for the 

 market before June. As is usual between now and spring, there 

 will be a fair quantity offered, if the mountain river tides do 

 not fail. 



Quartered white and both plain and white oak in firsts and sec- 

 onds is in heavy demand with No. 1 common a close second. 



The demand for gum is daily improving, while all other southern- 

 hardwoods are in fair and good demand. 



The situation in the north country is that very little lumber 

 remains in first hands. In Michigan the manufacturers have unsold 

 less than one hundred million feet of ash, basswood, beech, birch, 

 rock elm, gray elm and maple, and it is doubtful if more than 50 

 per cent of this quantity is in the hands of manufacturers in the 

 state of Wisconsin. This is more than 25 per cent less than 

 manufacturers held a year ago. The stock represented by these 

 figures is nearly all No. 2 and poorer, the No. 1 common and firsts 

 and seconds being practically exhausted. 



In the east there is an increasing deniaud for firsts and seconds 

 chestnut and the demand for sound wormy is improving at slightly 

 increased prices. 



The mahogany and other foreign wood trade is showing the 

 effects of large furniture sales and manufacturers of high-class 

 goods are buying quite freely. Prices still range comparatively low 

 on foreign woods. 



The trade in black walnut, sycamore, cherry and the minor lines 

 of high-class hardwoods is normal, but somewhat featureless. 



Both northern and southern beech is in but moderate request, 

 but it is gradually going into substitution for other woods and an 

 advance in value may be expected. 



Southern soft maple is attracting a good deal of attention and 

 the prices are ranging somewhat higher. This wood is an especially 

 good furniture material and works up to good advantage in medium 

 and low price goods. 



The oak and maple flooring manufacturers are busy and from a 

 surplus stock of nine months ago of more than fifteen million feet 

 flooring is oversold today in some grades and thicknesses to the 

 extent of more than ten million feet. This promises to be a busy 

 season for hardwood flooring makers. 



The hickory handle trade is still featureless. There is no unanim- 

 it?j' among the handle makers to secure a just price for the product 

 and the market is still overloaded. Buyers are having their own 

 way about prices, with a result that there is very little money in 

 the hickory handle trade at the present time. The output of broom 

 and mop handles seem to bo fully up to standard requirements, 

 and while the average broom handle manufacturer is getting a 

 little profit out of the business, he is not receiving nearly the price 

 that his output warrants. 



Veneer manufacturers are generally awakening to the fact that 

 the}- are not receiving as high prices for their goods as they 

 should. The market in most lines is still overloaded and the fac- 

 tories are still busily engaged in filling old orders at low prices. 

 Doubtless when these orders are filled, an attempt will be made 

 to secure a considerably higher range of values, but until that 

 time comes there are very few people in this business that are 

 making any money. Undeniably, there are too many people going 



