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HARDWOOD RECORD 



355 Dearborn Street CHICAGO 



prices steady. The demand for hickory seems to 

 be expanding and strength is shown in that 

 variety. Walnut is becoming stronger, and one 

 of the best features is tlie better export demand. 

 Other hardwoods are steady, and no declines are 

 1 1 ported in any direction. 



dealers have some very substantial orders on 

 their books. 



CINCINNATI 



Tliirlcen inches of snowfall tin* past week 

 lollnwing several weeks of severe winter weather 

 interfered with operations in the local yards to 

 such an extent as to almost paralyze business. 

 The railroads were severely handicapped in the 

 local yards and the handling of cars was a 

 source of much difficulty. The mails, however, 

 continued to bring in a satisfactory volume of 

 orders, which will necessarily result in a heavy 

 business in the yards as soon as weather con- 

 ditions permit. 



There is a good inquiry for quarter-sawed 

 wliite oak of good figure, and there is but a 

 light stock to meet the demand. riain-sawed 

 white oak is meeting with a ready sale for all 

 that can be procured. Red oak, both quarter- 

 sawed and plain, is moving freely, with a very 

 strong tone to prices. Chestnut is in moderate 

 request for long stuff suitable for interior finish. 

 Sound wormy of good grade is moving readily, 

 while there is an abundance of low-grade ma- 

 ii-rial than can be had at very low prices. 

 I'uplar continues to be the leader in the activi- 

 ties of the hardwood market, with a good de- 

 mand for clear wide pane! stock. There is an 

 nbundance of ordinary grades, which is meeting 

 with an active market. Low grade stock is 

 plentiful and far in excess of the demand, though 

 the movement of such poplar is quite satisfac- 

 tory. Ash is in good demand, especially for 

 heavj' wagon makers' stock, which is not plenti- 

 ful. Hickory is meeting with a fair demand for 

 wheel and shaft and pole manufacturers' stock. 

 Red gum is steadily coming to the front as a 

 feature of the market for the furniture manu- 

 facturin.g industry. Walnut is in good supply 

 and stocks are steadily increasing, owing to the 

 weak demand from the exporters. Cherry is in- 

 rrcasing rapidly in the stocks available, but the 

 liolders arc certain of an early improvement in 

 I he foreign demand. The buying for export is 

 \ery slow. 



(Cooperage is meeting with a steady and active 

 improvement, with a brisk demand for tight 

 cooperage, especially whisky barrels. Slack 

 cooperage is sliowing some activit.y. There is 

 a good demand for white oak staves. 



Box manufacturers continue to en,ioy an active 

 business. There is a good demand for merchan- 

 dise and heavy packing cases, while the de- 

 mand for small boxes is very brisk. Bottle 

 lioxes are in strong demand, with a fair inquiry 

 for egg cases. 



While present indications for building do not 

 augur well for a brisk season, there are those 

 that say that the opening of the spring and 

 favorable weather will bring better conditions. 

 As compared with last year the building con- 

 tracts made to date are far short. 



There is a little more activity in building lum- 

 ber, especially for interiors and the class of 

 work manufactured by the planing mills aud 

 sash and door factories. 



INDIANAPOLIS 



In view of the fact that Indiana has been 

 visited by the worst snow storm and blizzard 

 in more than twenty years, during the last two 

 weeks the hardwood lumber business has been 

 rather dull. Traflic has been seriously inter- 

 fered with, but is now resuming a normal con- 

 dition. For several days it was practically im- 

 possible to make shipments. As soon as the 

 snow thaws it is expected that business will 

 renew with vigor, as numerous inquiries are 

 being received, and hardwood manufacturers and 



BVANSVILLB 



The market for hardwood lumber in this sec- 

 tion has been very good for the past two weeks. 

 Business was stimulated quite noticeably by the 

 meeting held the first of the month at Cincinnati. 

 Owing to the inclement weather not as much 

 lumber has moved up to the present time as 

 might reasonably be expected. However, if the 

 weather continues good February will be a fair 

 month in point of shipments. 



Demand is stronger for almost all kinds and 

 grades of lumber, with poplar in the lead. Plain 

 oak is in fair demand, but the overproduction 

 lias tended to make prices a little unsteady. 

 Quartered oak is in active call, with prices 

 advancing. Local furniture factories are all 

 running full time, while a few are running a 

 night shift. 



r 



MEMPHIS 



The demand for hardwood lumber is very good 

 ,Tnd the volume of business is increasing. Both 

 manufacturers and wholesalers acknowledge that 

 conditions are better than for a number of 

 months as regards the amount of business being 

 done, and there is also considerable unanimity 

 regarding prices. It is generally conceded that 

 values are higher now than they ha^'e been at 

 an.v time since the improvement began last fall, 

 and it is pointed out that in some cases, notably 

 in plain and quartered oak, prices are higher than 

 the,v were before the financial depression. The 

 demand is still proportionately larger in the 

 higher grades than for the lower, but there has 

 been a perceptible increase in the call for the 

 latter. This is particularly true in the case of 

 oak, ash, cottonwood and gum. There is a very 

 satisfactory call for cypress and the movement 

 in the upper grades of cottonwood is good. Cot- 

 tonwood box boards are scarce and prices are 

 \ery firm as a result of a large sale which was 

 recently consummated here. Red gum is moving 

 at a good rate and there is also a good call tor 

 clear saps. The supply of low-grade cottonwood 

 and gum is smaller than a short time ago. 

 I'rices are also slightly more firmly held — in 

 fact, some interests appear to be quite willing 

 to carry their low-grade stock longer because of 

 llieir belief that they will be able to secure hel- 

 ler prices later. High-grade ash is moving very 

 well and the supply is none too large at the 

 moment. There is a particularly good call for 

 firsts and seconds in stock running IVi-inch or 

 thicker. Export demand is very good tor south- 

 ern hardwoods, but the market is much better 

 in this country than in Europe, both as regards 

 the volume of business and prices obtainable. 



NASHVILLE 



With a shortage in good stocks being pre- 

 dicted, the better grades in all the hardwood 

 lines are in steady demand. Foplar continues 

 as a leader in the hardwoods. Asli is coming 

 stronger every day. A general activity main- 

 tains in the upper grades and thicknesses of 

 oak. Chestnut, birch and maple are in active 

 demand. Cypress is firm, and an improvement 

 is noted in basswood and gum. Lumbermen are 

 all expecting an active spring trade. Orders 

 are coming in more frequently. Considerable 

 timber is being handled on the river while the 

 tide is on. Local weather conditions have been 

 unusually rough and severe for some weeks, and 

 some of the plants at times could not get their 

 full force of men out, but it is believed the 

 backbone of the winter is broken at last and 

 that from now on more building that has been 

 oeterred by bad weather, can be begun and the 

 movement of timber can go on without serious 

 interruption from the elements. 



