50 



HARDWOOD RECORD 



that the present laxity of business is traceable 

 to the usual dull summer season. A good many 

 concerns state that the trade now is much bet- 

 ter than it was a year ago, and that they have 

 nothing to complain of. Prices remain firm in 

 about all lines. 



Oak remains as usual both as to sales and 

 price. The only noticeable difference is in quar- 

 (ered white oak. which continues to decline slowly 

 in value. Old lumbermen say that it has always 

 l>fen a peculiarity with quartered white oak, 

 ■especially that its periods of popularity and then 

 ■of overproduction and a consequent lessening of 

 value, are regular and not to be taken too seri- 

 ously. As it stands now it probably is pretty 

 near at ebb as far as recession of price is con- 

 cerned, though it will probably be some time be- 

 fore the high mark which prevailed a short time 

 ago is again reached. Oak step stuff is a mighty 

 good seller in the local market, and is propor- 

 tionately hard to secure. Red oak in Chicago 

 is comparatively plentiful, but prices have not 

 'been influenced materially and are extremely firm. 

 Heavy construction timber is the same as it was 

 two weeks ago, with probably a slightly greater 

 scarcity in the supply of high-grade stock. 



Owing to the lax furniture trade, the concerns 

 handling ash have particularly slow sales at 

 present. Wagon and carriage manufacturers are 

 using considerable of both ash and hickory, and 

 the latter is. in pretty fair demand, especially 

 the upper grades. A normal condition has not 

 yet been reached, however, in this branch. 



Dealers in gum, both red and sap, are not 

 afraid of the situation, and while they have noth- 

 ing out of the ordinary to report as to sales or 

 any prosi)ects for a material increase, still they 

 are anticipating a conservative opening up when 

 the fall trade comes around. The demand for 

 thick elm which was noted two weeks ago is 

 still in evidence. The piano factories are tak- 

 ing their usual portion and stocks in other thick- 

 r.esses are finding a fair sale. 



The box manufacturers are using more cheap 

 Cottonwood and poplar lumber than they did a 

 short time ago, and are showing an encouraging 

 position. As a consequence the price on low°- 

 grade has picked up. High-grade poplar and 

 Cottonwood, particularly boxboards, are still 

 scarce in any quantities. The market remains 

 constantly short of stock and prices are conse- 

 ■quently in favor of the seller. 



Cypress in general is pretty strong, and stiffer 

 prices prevail in the upper grades. Shop is in 

 sood demand and while the supply is adequate, 

 the prices are very satisfactory. There is a 

 good supply of firsts and seconds on hand, though 

 tank stock is comparatively scarce. No. 1 com- 

 mon is short and commands a good price. The 

 tendency of cypress to supplant northern pine is 

 constantly being evidenced in all quarters. This 

 ■condition is more noticeable from month to month 

 and is probably responsible for the stability of 

 the cypress market. 



Basswood. walnut and butternut are all slow 

 •on the local market in the form of lumber. As 

 regards veneers, the trade seems to be brighter, 

 especially in the American walnut. The upper 

 grades of birch are still the best sellers in the 

 market at present, though there is, and probably 

 always will be, an abundance of low-grade stuff. 

 A recent visitor to Chicago summed up this situ- 

 ation by stating that a large number of veneer 

 mills coming into the northern woods created 

 an unusual demand for birch logs, and as they 

 ultimately realize a great deal more per log than 

 a sawmill they can afford to sell the low-grade 

 stuff at a low price ; consequently the market is 

 flooded. 



All thicknesses of maple are selling well, thick 

 maple especially, as usual, being much sought 

 for. The flooring people, as heretofore, are 

 largely responsible for the firmness of this stock. 



Ties and piling are doing very fairly, the chief 

 trouble in most quarters being to secure sufficient 

 etock. Flooring manufacturers are turning out 



about all they can produce running on regular 

 time, and will undoubtedly continue to do so, 

 judging from the building reports. 



NEW YORK 



The hardwood market is experiencing its share 

 of the let-up and dullness, which is usual at 

 the vacation season. There is, however, no ma- 

 terial change in values and good lumber contin- 

 ues to command firm prices, but the volume of 

 trade is not as active in either high or low 

 grade stock ss it has been. Indeed in some of 

 the high grade lumber there is a scarcity of 

 very firm markets. If business shows any ma- 

 terial increase in activity with the approach of 

 fall, there is a question in the minds of many 

 wholesalers as to whether sufficient good lum- 

 ber will come forward to supply the demand, 

 hence holders of good grade lumber are appre- 

 ciating this condition and are not allowing a 

 normal midsummer dullness to influence them in 

 forcing the market. On the other hand, low 

 grade stock is soft in spots. It is much more 

 plentiful, and while the market has taken a 

 fair amount of material and seems likel,v to 

 continue to do so for the balance of the year, 

 there is naturally more or less competition for 

 desirable business. There is nothing in the 

 hardwood situation at this time which need 

 cause any anxiet.v, as low grade stock should 

 receive fair consideration, provided there is no 

 effort to force sales. 



PHILADELPHIA 



There has been no discernible change In the 

 eastern hardwood situation during the last fort- 

 night. A steady exodus to hillside and seashore 

 marks the return of a lax period. Reviewing 

 the East, New England shows a stronger market 

 than New York or Philadelphia. It is notice 

 able that the Yankees compare present condi- 

 tions with a 'year ago and are satisfied that 

 there has been a decided advancement. Tlieir 

 more southern neighbors cannot forget the pro- 

 lific business of 1006, and so are less philo- 

 sophic as to fulfillment of hopes. Notwithstand- 

 ing disparaging accounts here and there, the 

 situation, all things considered, is generally ac- 

 cepted as reasonably satisfactory. There is a 

 fair volume of trade and no serious lack of an 

 optimistic spirit, as to the outlook for the near 

 future. 



PITTSBURG 



.lust a fair degree of activity prevails in the 

 hardwood market. The call for high-grade hard- 

 woods continues good and demand is hard to 

 satisfy, owing to the scant supply of dry stock. 

 t>n the other hand, medium and low-grade hard- 

 woods are very slow to dispose of. Mills have 

 been cutting steadily now for six months and 

 have had to force a trade in these woods most of 

 the time so that many of them have an accumula- 

 tion of such stock. 



Prices received for good hardwood continue 

 firm. Poplar is especially strong in both demand 

 and price and the automobile interests are taking 

 all the wide poplar that can be found. White 

 oak is another wood which stands up well under 

 hard competition and is wanted chiefly by rail- 

 roads and contracting companies. The call for 

 hardwoods for manufacturing purposes is fair, 

 as is also the demand for piling and ties. White 

 oak ties have been scarce for two months and 

 prices are considerably higher than last winter. 

 The outlook for business from now till September 

 is the usual midsummer survey. No one expects 

 any boom but there is a well grounded feeling 

 that more business will be done toward fall than 

 at present. 



GIBSON 



TALLY BOOK 



This iKree-throw tally ticket cover is made 

 from aluminum, and accommodates four tally 

 tickets — 44x81 inches in size. 



Folds compactly to less than one- fourth Inch 

 in thickness and fits side or inside coat pocket. 



Gives large area of four tickets for compli- 

 cated tallies, or straight grade can be made 

 on one page. 



Accommodates any form of lally ticket desired. 



Special, patented, triplicate tally tickets supplied, 

 printed on waterproof paper with carbon backs. Tallies 

 made on these tickets arc unalterable. Their use en- 

 ables the inspector to retain triplicate, and forward 

 orieinal and duplicate. Duplicate designed to be 

 attached to invoice. 



These tally books are perfection for durability- 

 covenience, accuracy, and for systematizine the inspec- 

 tion and measurement of lumber 



Patent applied for on covers. Copyrighted, 1910. 

 Triplicate TallyTickcts patented. 



PRICE LIST 



$ 1.00 

 10.00 



Aluminum Tally Covers, each 



Aluminum Tally Covers, per dozen 



Patented Iriplicale Tally Tickets (stock form) 



per 1,000 10.00 

 Single sheet manila (stock form) Tally Tickets, 



per 1,000 4.00 

 Specimen forms of Tally Tickets mailed on applica- 

 tion. Covers sold on approval to responsible concerns. 



Manufactured by 



Hardwood Record 



35S Dearborn St., CHICAGO 



