HARDWOOD RECORD 



/:> 



INSURANCE COST 



As a lumberman you carefully 

 analyze the cost of your stumpage, 

 manufacture and sales, but your 

 insurance is usually bunched with 

 "general expense." 



We can convince you that fire 

 insurance is worthy of even more 

 careful analysis and attention than 

 any other feature of your business. 



We can also convince you that 

 our form of insurance is the safe, 

 logical and economical one. 



Will you give us an opportunity 

 to prove our claims.'' 



Manufacturing Woodworkers 

 Underwriters 



LEE BLAKEMORE & COMPANY 

 Rector Building CHICAGO 



Greenbrier Lumber Company 



WE WANT TO MOVE— 



150,000 feet 4-4 No. 2 Common Oak 

 250,000 feel 4-4 No. 3 Common Oak 

 100,000 feel 4-4 Sound Wormy Cheslnut 

 100,000 feel 4-4 No. 3 Common Cheslnul 

 Send us your inquiries for special bills in Oak 

 NEOLA, W. VA. 



WRITE US for QUOTATIONS ON 



5-4, 6-4, 8-4 and 12-4 Birch 

 and 4-4 and 5-4 Basswood 



EDWARD CLARK & SON 

 TORONTO :: :: CANADA 



BLUESTONE LAND & LUMBER GO. 



White Pine, Oak, 

 Poplar, Chestnut 

 and Hemlock Lumber 



WHITE PINE AND OAK TIMBERS ON 

 SOOBT NOTICE 



RAILROAD TIES 



We own our own stumpage 

 and operate our own mill. 



Mill: GARDNER. W. VA. 



Sales Office: RIDGWAY, PA. 



ers as well as factory purchasing agents are 

 more liberal in their orders. An advance in prac- 

 tically all varieties and grades is expected in a 

 few weelis and as a result many dealers are pur- 

 chasing more liberally in order to have a larger 

 stock on hand. Advance orders for shipment in 

 March and April are numerous and there is a dis- 

 position to refuse such orders. The only draw- 

 bacli to a larger marlset is the Inclement weather, 

 which has interfered with shipments to a certain 

 extent. The same cause also mitigates against 

 active buying on the part of some dealers. 



Quartered oak is wanted in every place and 

 quotations are very strong. The supply is lim- 

 ited. Plain oak is also strong and an advance 

 has been recorded recently in four-quartered red 

 oak. Quotations for white oak are unchanged. 

 There is a better demand for ash, chestnut and 

 hickory. An advance is recorded in chestnut. 



Poplar is one of the strongest points in the 

 market and the demand from motor car factories 

 for wide sizes is strong. Prices range from 

 about $1.40 to $1.55. For ordinary sizes the 

 quotations are : Firsts and seconds, about $58 

 at the Ohio river ; No. 1 common, $.'!7 ; No. 2 

 common, $25 ; No. 3 common, $16. 



INDIANAPOLIS 



A\\ of the local hardwood concerns are busy, 

 the situation being much more satisfactory than 

 it was a year ago at this time. The furniture 

 factories are having a good run and there is 

 an immense amount of building in sight on 

 which hardwood men are figuring for the in- 

 terior finish. 



Prices continue steady, but are unchanged 

 from two weeks ago. -4n advance, however, is 

 expected. 



MEMPfllS 



There is disappointment expressed by some 

 members of the trade over the failure of busi- 

 ness to expand more rapidly, but as a general 

 rule the feeling is one of satisfaction. Buyers 

 are sending in a great many inquiries and the 

 majority of these are resulting in business at 

 profitable prices. The tone of the market Is 

 quite firm on high-grade lumber of all kinds, 

 while low-grade stock is bringing relatively bet- 

 ter prices than for a long while. There is 

 quite a scarcity of high-grade oak and ash In 

 both plain and quartered stock and as the call 

 is largely for dry lumber, shipments are some- 

 what restricted by the lightness of the offerings. 

 A fairly active demand is noted for No. 2 com- 

 mon oak and ash. there being a decidedly larger 

 inquiry than existed before the holidays. One 

 of the most striking sales made here in some 

 time was the turnover of 1,500,000 feet of Cot- 

 tonwood box boards this week at prices which 

 have not heretofore been obtainable. The sup- 

 ply of box boards is light and the market shows 

 a firm undertone thereon. High-grade cotton- 

 wood and red and bright clear sap gum are 

 both in good demand. The lower grades of Cot- 

 tonwood and gum, however, are not moving 

 very freely where prices are firmly held. The 

 belief prevails that there will be a more active 

 demand for these items soon, a fact which is 

 leading to some advances in asking prices. Cy- 

 press is in active call and poplar is taken about 

 as fast as it is ready for the market. 



in which ash has taken a jump recently. Sev- 

 eral of the firms that had been holding their 

 stock are congratulating themselves upon hav- 

 ing done so. Oak and maple flooring are in good 

 demand. Chestnut and birch are also selling 

 well. The box factories are using a lot of Cot- 

 tonwood, while elm and basswood are moving 

 along briskly. In fact, just about all the good 

 dry hardwood stock any dealer has to sell is 

 finding a ready market when shipment can be 

 made promptly. The local dealers are antici- 

 pating an early and a busy spring building cam- 

 paign. 



NASHVILLE 



D 



Nashville dealers seem to be well satisfied with 

 the local situation, both as to the amount of 

 business they are doing and the prices that are 

 being realized. Poplar, as has been the situation 

 for some time, continues to be the leader among 

 the hardwoods. Good wide stock is hard to find, 

 and is in most excellent demand. Quite a feature 

 of the hardwood situation, however, is the manner 



CHATTANOOOA 



D3alers here say that one week the trade is 

 good, while the next it is only common, but alto- 

 gether it is satisfactory. Lower grades are mov- 

 ing freely. The export trade is improving. Con- 

 servative men say it is a case of demand and 

 supply, and that no one is buying largely with 

 a view of holding the stock. 



LOUISVILLE 



The close of tlie mouth of January found the 

 hard^^'ood business in Louisville breaking all rec- 

 ords for this time of the year. There has been 

 a steady demand for all grades, high and low, 

 with prices holding their own in the high, and 

 a promise of better prices, as soon as the sea- 

 son opens up right, in the lower grades. In- 

 structions to traveling men are to hold up prices 

 at the cost of orders, but business has not suf- 

 fered thus far as a result. Building activity 

 has been helped by the fine weather and the 

 reports show that more money is being put into 

 the erection of apartment and oSice buildings ; 

 in fact, there is more money being invested. 

 Oak and poplar are going along side by side and 

 the stock in the local yards is pretty well broken 

 as a result of the unexpected big business of 

 .Tanuary. 



ASHLAND 



A satisfactory demand for lumber is reported 

 and everything points to a 'greater increase in 

 demand and better prices. JIanufacturers are 

 much encouraged over the future outlook 

 and feel sure that this will be a very good year 

 in the lumber business. A number of the mills 

 have opened up for this seasons run, having 

 received a supply of logs on the recent tides 

 of the Ohio's various branches. 



The most pleasing feature of the market con- 

 ditions at this time is an advance in prices. 

 Both plain and quartered oak continue to in- 

 crease in strength and demand, while dry stocks 

 are decreasing. Chestnut, ash and basswood 

 are in a very good demand. Poplar continues 

 to climb in price on panel. First and second 

 dry stock is very scarce. A number of manu- 

 facturers have received orders for some of their 

 new stock now being manufactured. No. 1 and 

 No. 2 common grades are in great demand and 

 the supply of dry lumber is much broken. No. 

 S common and box lumber is slowly improving. 

 Manufacturers are receiving orders for consider- 

 able of their stock at satisfactory prices. 



ST. LOUIS 



A good deal of hardwood business has been 

 done during the past few weeks. The actual 

 movement early in the month was somewhat re- 

 tarded because of the cold weather, but recently 

 shipping became better. The buying and selling 

 continued, however, right along. While the bulk 

 of the demand is for better grades, the lower 

 grades are selling freely. The common grades 

 in ash. cypress, plain oak. poplar, etc.. are nearly 

 depleted. This is particularly true of poplar. 

 Gum is showing quite an improvement and the 



