HARDWOOD RECORD 



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HARDWOOD RECORD 



355 Dearborn Street CHICAGO 



pign demand is such that the holders are claim- 

 iiiK lliiit not only will the demand come, but 

 that prices will advance far above present quota- 

 tions; the holders claim they are fully able and 

 willing to wait. Cherry is occupying the same 

 position as walnut, though the .stocks are j^M so 

 groat. 



CLEVELAND 



Finer grades of quartered oak and of wide 

 poplar continue to hold the center of the stage 

 in this territory. Good oak is selling at firm 

 I>rices, while the plain variety is meeting witii 

 a ready sale. Several new auto body manufat:- 

 lories recently established here arc making a 

 strong bid for clear wide poplar for use in auto 

 bodies. The call for poplar in building opera- 

 tions is also good. 



Dealers in hardwood flooring are looking for 

 a big season's business. Oak flooring, both plain 

 and quartered, is being used extensively in the 

 large business blocks which are being erected 

 in the new shopping district, while maple floor- 

 ing is finding universal favor in residences, 

 relegating the old-fashioned pine flooring to the 

 humbler class of dwellings. 



Prices on all lines of hardwoods are very 

 lirm, with a tendency to increase on some lines 

 as business seems to warrant. 



COLUMBUS 



While the more favorable weather has had a 

 good effect on all branches of the hardwood 

 trade in central Ohio, still there is a little 

 (,uietude in some directions which is hardly ex- 

 plninable. It is believed that the industrial 

 upheavals such as strikes and investigations are 

 having their effect on trade conditions in general 

 and that some manufacturing establishments are 

 loath to buy heavily under present circumstances. 

 I In the whole, however, the hardwood market is 

 in good condition. There is no great surplus of 

 stocks and prices show no tendency to weaken. 

 On the other hand, the entire tendency is to 

 higher levels and in some instances large ad- 

 vances have been announced. Bfanufacturers in 

 furniture and Implement lines are in the market 

 lor a large amount of stock and some large 

 orders are reported. 



The car situation has not improved to any 

 great extent. There is still some delay in mak- 

 ing deliveries and some complaint from pur- 

 chasers are being heard. The southern roads 

 appear to be in the most congested condition of 

 any and most of the delay is in that section. 



Oak is strong in the extreme. The demand for 

 quartered oak is good and with a limited sup- 

 ply, quotations are very firm. An advance in 

 iLrsts and seconds, both red and white oak, is 

 announced. The other grades are unchanged 

 from previous lists. Poplar is strong also and 

 an advance of $2 per thousand in firsts and 

 seconds, ordinary sizes, is reported. For the wide 

 sizes the price is quoted between $140 and .fl5cl. 

 Chestnut is steady and the same is true of 

 hickory. The demand for ash has improved 

 slightly. Basswood is also firm. 



TOLEDO 



There is a very firm tendency to the local 

 hardwood market. Oak is proving a leader, and 

 plain red oak is in exceptionally good demand. 

 Firsts and seconds are selling at from $50 to 

 $55, and there are plenty of customers for three 

 and four-inch stuff. Quarter-sawed oak is also 

 moving nicely. Factories, especially wagon 

 plants, automobile concerns and furniture estab- 

 lishments are buying liberally. The building 

 trades are also consuming large quantities of 

 hardwoods. Permits last week for new build- 

 ings, mostly residences, were issued amounting 

 to $68,000, and this has brought a market for 



a large amount of oak and maple, poplar and 

 cypress. Dry white pine is very scarce, good 

 shop grades having advanced from $4 to $5 

 recently. The demand for hardwood floors has 

 increased wonderfully during the past few days. 

 Prices remain about the same as last season, 

 and range all the way from 21c to 23c per 

 square foot for quartered plain white oak up to 

 45c per square foot for fancy patterns. There 

 has been .some demand for grill work, but it 

 has been gradually falling off. Elm, basswood 

 and ash are ready sellers, and scarcity in some 

 lines has held all prices up. There is still a 

 strong call for various grades of poplar, but 

 the cheaper grades are plentiful and prices are a 

 little irregular. Fancy grades are scarce and 

 good prices are received. Ix)cal stocks are still 

 well filled and there is no inclination to permit 

 them to run down. Dealers are still buying lib- 

 erally, and commensurate with the increasing 

 demand. There has been a large outside demand 

 from the surrounding territory, one concern re- 

 porting that nearly ninety per cent of its hard- 

 wood sales recently have come from that source. 

 Shipments have come in promptly from ail sec- 

 tions. Prospects are for still brisker demand 

 with possibly an advance in the near future. 



MEMPHIS 



The demand for hardwood lumber is of very 

 satisfactory proportions. There are many buyers 

 in the market and, while there is a general in- 

 disposition to sell for forward delivery or to 

 book extensive orders calling for shipment later, 

 there are enough orders coming in calling for 

 immediate shipment to keep all of the leading 

 firms here quite busy in getting out the stock. 

 Prices as a rule continue firm on all lumber 

 that is in active demand at the moment, and 

 this covers practically all of the list, with the 

 exception of the lower grades of Cottonwood and 

 gum. These are adversely affected by the sub- 

 stitution of strawboard and other material in 

 the manufacture of boxes, and the call outside 

 of No. 1 common red gum is small. The upper 

 grades of red are much wanted, with the supply 

 at the moment none too large. Prices, too, arc 

 quite firmly held, being higher now than they 

 were during 1907. Upper grades of sap gum are 

 in fair request though not so much wanted as 

 red. The demand for quartered red and white oak 

 from the domestic trade is very good and prices 

 are well maintained. In plain oak, both domes- 

 tic and foreign buyers are in the market, and 

 the demand is rather in excess of the supply of 

 shipping dry stock, with the result that it Is 

 Increasingly diflicult to place orders for large 

 quantities. Ash and cypress are both in good 

 request and there is no difficulty in disposing 

 of all the poplar offered in this market. The 

 export demand for plain oak and red gum is 

 reported much better, and there is a considerable 

 business under way with Europe thereon. In 

 fact, the export situation is regarded as better 

 than for a number of months. 



BRISTOL 



.Market conditions in this section arc almost 

 unchanged. There is plenty of optimism among 

 the lumbermen as to the business outlook for 

 the year. Some new business is being received, 

 while prices are little changed. There is no un- 

 usual activity in trade, though It is moving 

 along at a fairly satisfactory pace. The lumber- 

 men are to a large extent satisfied with the situ- 

 ation, being able to realize a fair margin of 

 profit on most of the stock handled. 



LOUISVILLE 



Market conditions in Louisville are good, and 

 the volume of business done is largely in ex- 

 cess of that for corresponding periods since the 



