HARDWOOD RECORD 



63 



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 yourbusiness. 



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 



BLUESTONE LAND & LUMBER GO. 



White Pine, Oak, 

 Poplar, Chestnut 

 and Hemlock Lumber 



WHITE PINE \m OAK TIMBERS ON 

 SHORT NOTICE 



RAILROAD TIES 



We own our own stumpage 

 and operate our own mill. 



Miri: GARDNER, W. VA. 



Sales Office: RIDGWAY, PA. 



Greenbrier Lumber Co. 



Manufacturers 



White Pine. Hemloclt and Hard- 

 woods, from our own lands. 

 Pine and Oak our specialty 

 NEOLA, W. VA. 



WE WANT TO MOVE 



600,000 feet dry 4-4 Brown Ash 

 EDWARD CLARK & SON. Toronto, Can. 



ber districts and ttie mills in satisfactory volume, 

 and this has enabled stocks which had been cut 

 into by the heavy demand of the early spring 

 to be well filled up. Louisville yards now carry 

 an enormous stock of hardwoods. Quartered oak 

 is in good demand, while plain oak continues 

 strong. Poplar of all grades is selling well. 

 Mahogany is showing more strength as the 

 building season advances, while veneers, which 

 have been in good shape all spring, are selling 

 in their old-time volume. 



ASHLAND 



A slight improvement is reported in the local 

 hardwood lumber market. The past week showed 

 a tendency toward a better movement of all 

 grades of stock. Better orders are received 

 than for several weeks. The high water has 

 brought out enough timber to keep the river mills 

 running for a number of months. 



ST. LOUIS 



The liardwood situation is not satisfactor.v. 

 There seems to be a let-up in trade. The volume 

 of orders coming in is small. The demand is 

 mostly for higher grades, common in nearly all 

 items not being sought. The latter is in plenti- 

 ful supply, while the former is scarce. It is 

 believed by the best informed hardwood dealers 

 That this quietness is only temporary and season- 

 able and that later on considerable business will 

 be done. Buying was so brisk during March 

 and April that it is thought that most of the 

 consumers have plenty of stock on hand for im- 

 mediate requirements and are waiting until their 

 stock runs low before ordering raore. Prices 

 are well =:ustained in spite of the poor demand. 

 Quartered oak is about the only item that any 

 concessions are being made on. Rains in the 

 South have caused many mills to shut down. 

 This is especially true of the small mills. The 

 demand for cypress has also fallen oflf. Ship- 

 ments from St. I.ouis were fair, however. 



MILWAUKEE 



The hardwood business is leading the local 

 lumber trade at the present time and all kinds 

 of hardwood are showing good movement. While 

 a few wholesalers are reporting business as a 

 little quiet, reports in general are very satis- 

 factory. Consumers are all using much stock 

 and as soon as supplies on hand are lowered 

 again bu,ving is expected to be more active. 

 Dry stocks in most cases are very low, and while 

 small shipments are being made in last winter's 

 cut, certain lines are almost sold out. 



Considerable improvement is noted in the box 

 factory trade and first and second grade box 

 stocks are selling well. The sash and door fac- 

 tories are all busy and are buying well. The 

 furniture factories are meeting with a good busi- 

 ness. The railroads are in the market, especially 

 for repair stocks. 



Both plain and quartered oak is in good de- 

 mand. Birch is wanted, but stocks are still 

 low and prices are somewhat higher. Maple is 

 higher and the demand is brisk. Low-grade 

 stocks are moving fairly well, as a result of 

 the better demand from the box manufacturers. 



MINNEAPOLIS 



The oniv people who appear to be doing much 

 of a business just now are the wholesalers who 

 can draw on stocks of birch and maple that are 

 in shipping condition. Some of this lumber 

 was sawed in winter or early spring and is now 

 dry enough to move. The factory trade are 

 eager buyers of it and it is no trouble to sell 

 these woods for Immediate delivery, in the upper 

 grades. The market for the low-grade stock is 



still sluggish, but there has been some activity 

 in low-grade basswood of late. Sash and door 

 concerns of the Twin Cities are rushed getting 

 out their orders, many of which are for special 

 work in%-olving hardwood. The sash and door 

 people are buying oak rather freely, and the be.st 

 of the out-of-town trade is also in oak, mostly 

 southern stock. 



I'rices have not dropped any on the northern 

 woods, although the new cut is coming on the 

 market. For long contracts the present prices 

 can be shaded, but the general feeling is one of 

 confidence and stability. Some local men are 

 a trifle alarmed over the possible action of the 

 railroads since the rate advance has been held 

 up. but that is the only cloud in the sky. 



DETROIT 



Despite drawbacks attendant upon inclement 

 weather the local hardwood market is fairly 

 active, with strong indications of lively business 

 conditions when seasonable weather sets in. 

 Building operations have been held back to quite 

 an extent by rainy and cold weather and this, 

 of course, had its effect on the market. A good 

 demand for birch, poplar and ash has been a 

 feature of the market, while the demand for 

 maple and oak continues as strong as ever. Xo 

 exceptional increases in prices are noted. The 

 box factories and the veneer trade are very busy 

 while manufacturers of hardwood flooring are 

 having hard work keening pace with the de- 

 mand. 



LIVERPOOL 



The market here is generally firm in tone, 

 though the volume of actual business transacted 

 is small. The mahogany position is particularly 

 Imoyant and record prices are anticipated at the 

 sales during the coming week. However, the 

 future market is not. looked upon very opti- 

 mistically, as the arrivals at present are ex- 

 tremely heavy and it is feared that shippers 

 from the west coast of Africa will flood the mar- 

 ket in a scramble to obtain the present high 

 level ruling. An early reduction in prices is 

 expected, though no effect is likely to be noticed 

 at the current sales. 



Hickory has beentarriving more readily, but 

 much more is still required. Record prices for 

 this stock are daily being realized and lucky 

 holders of stock have struck a veritable gold 

 mine. Birch logs are firmer. Good prices are 

 being realized for stocks now arriving on the 

 quay. Ash logs are much better and the smaller 

 and second growth wood is going rapidly into 

 consumption. The market for the larger first 

 growth wood has also improved in the past few 

 weeks. Ash lumber, both prime and No. 1 com- 

 mon, is in good demand, especially the thicker 

 stocks. Good prices have been realized for cur- 

 rent parcels now landing on the quay. 



Poplar lumber is difficult to sell owing to the 

 enhanced prices. In fact, there is very little 

 stock here at the present time to sell. It Is ex- 

 pected that prices are going even higher, and 

 presuming this to be the case, poplar lumber will 

 go clean out of the market. White gum and 

 cypress lumber Is finding favor here as a substi- 

 tute. Maple logs and the flooring stock are 

 somewhat weak. Neither of these stocks should 

 be shipped except for definite orders. The lat- 

 ter item is extremely weak and many merchants 

 have large stocks which they are anxious to 

 realize even at cost price. Maple logs, of course, 

 are a special Item and care should be taken to 

 understand the requirements of this market be- 

 fore shipping. 



Walnut and o.ak lumber are not too good, 

 though the former stocks in prime qualities have 

 been finding a ready sale. The common qualities 

 of Iwth stocks should be left severely alone at 

 present, as far as this port is concerned. 



