HARDWOOD RECORD 



53 



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 BuiMing CHICAGO 



BLUESTONE LAND & LUMBER GO. 



White Pine, Oak, 

 Poplar, Chestnut 

 and Hemlock Lumber 



WHITE PINE AND OAI TIMBERS ON 

 SBOBT NOTICB 



RAILROAD TIES 



We own our own stumpage 

 and operate our own mill. 



Mill: GARDNER. W. VA. 



Sales Office: RIDGWAY, PA. 



fireenbrier Lumber Co. 



Manufacturers 



White Pine, Hemloclc 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. 



Ohio river. A number of the mills received a 

 large supply and will be enabled to operate for 

 several months. 



I'oplar lumber continues to sell at good prices. 

 The lower grades are moving at a mure satis- 

 factory price and orders coming in better than 

 they have for three years. 



MINNEAPOLIS 



LOUISVILLE 



With the opening of the second halt of I'JIU, 

 the prospects ,as viewed in this marliet, is for 

 a much better condition of affairs than during 

 the months just passed. The total of business 

 done in that period was very satisfactory, how- 

 ever, and only the generally healthy condition 

 of affairs in the liusiness world leads to the 

 belief that marked activity will be the state 

 of things during the next few months. The 

 furniture manufacturers, who have been buying 

 little of late, are expected to come to the front 

 shortly, as it is believed that the semi-annual 

 exhil)its will have a stimulating effect upon 

 business, while the demand from farm wagon 

 and other farm equipment manufacturers is ex- 

 pected to remain good, it having been unusually 

 heavy of late. Building is opening up every- 

 where in good shape, and local hardwood men 

 see no reason why the consumption of lumber 

 in that trade should not be large. At present 

 the demand is principally for quartered and 

 plain oak and poplar. Hickory and ash are In 

 fair call, with a scattering sale of cottonwood. 

 The demand is for most grades, common and 

 better being sold right along, although culls 

 are not being asked for by many. Prices, in 

 spite of the comparative dullness, have not 

 changed materially, and are expected to stiffen 

 as the demand tor fail gradually develops. 



ST. LOUIS 



The hardwood business has assumed the usual 

 summer dullness. Comparatively little lumber 

 is lieing sold. The large interests are not buying 

 except for immediate needs. Owing to the quiet- 

 ness prevailing with the boxmakers and furni- 

 ture manufacturers, they are not doing any pur- 

 chasing. The condition will probably prevail 

 during the entire month, as July is, as a rule, 

 one of the dullest months with hardwood deal- 

 ers. Plain oak and red gum are the woods 

 mostly in demand, when anything in the lumber 

 line is wanted. I'oplar is also a pretty good 

 seller considering the time of the year. Cypress 

 conditions are fairly good, the demand recently 

 being much better than for some time. Prices 

 are being well maintained on all items on the 

 hardwood list. 



MILWAUKEE 



The local hardwood business is rather quiet, 

 although no more so than is usually the case 

 at this time of the year. It is an inactive 

 period between the spring and fall building 

 seasons, and dealers and wholesalers do not ex- 

 pect to see much improvement in business before 

 August 1 5. All the factories seem to be fairly 

 well stocked, except in a few lines such as birch 

 and oak. Heavy stocks were received after the 

 clearing up of the railroad situation early in 

 the spring, and while the factories have been 

 forced to buy in certain lines, the amount of 

 stock which has changed hands this season has 

 been smaller than usual. The lx>x factories are 

 buying fairly well. 



Prices are being well maintained, especially 

 in upper grade stuff. There is some cutting in 

 lower grades, and quotations in this line are a 

 little lower. Birch and oak stocks are stil! 

 light in volume, despite the fact that new stocks 

 are on the market. Maple is in good demand, 

 although prices are unchanged. 



Trade outside the large centers is very quiet 

 in the Northwest. Building operations in the 

 larger towns continue at a good gait, and the 

 consumption of high grade hardwood for doors, 

 sash and interior linish is heavy. Flooring is 

 also in good demand. The factories are con- 

 servative in buying Just now, and are taking 

 stock in car lots only as they need it. They 

 are using up stock rapidly, however, and there 

 is always something doing in birch, oak and 

 maple. In fact the upper grades of these woods 

 look strong, and if the owners of mill stocks 

 could only figure out a way to dispose of the 

 lower grades as fast as they do the uppers they 

 would be well contented. The call for common 

 hardwood is pooi- and prices are weak. 



SAQINAW VALLEY 



The volume of business continues exceptionally 

 heavy for the season, shipments of manufactured 

 lumber being much larger than a year ago. The 

 market is also stronger and prices have ad- 

 vanced $3 to $5 a thousand. The difficulty Just 

 now is to get enough dry stock to meet the 

 call ; in fact, dry stock is sold up to the saw 

 all along the list, and a great deal of the lum- 

 ber when it comes from the saw has been con- 

 tracted for and hence is out of the market. 

 Maple has had an extraordinary run and is 

 scarce. The basswood stocks are not large and 

 every foot of it has been corralled, that will be 

 manufactured in this section this year, at $35 

 to $41 for Nos. 1 and 2. There has been a 

 good movement in soft elm at .$28 for No. 2 

 common and better. It has been an easy matter 

 to sell hardwood stocks, because the trade has 

 called tor everything nnd at enhanced prices. 



LIVERPOOL 



The market here has undergone little change 

 since last reported. Trade continues unsatis- 

 factory though prices are rather firm and high. 

 The business passing, however, is small and there 

 is the keenest competition for every order on 

 the market. The last mahogany sales passed 

 off without incident and the prices realized fully 

 equalled the high standard attained previously. 

 The arrivals have been fairly heavy and unless 

 the demand is exceptionally large a small fall in 

 values is anticipated. Prices, of course, cannot 

 be expected to remain on the present high level 

 for long, and many are inclined to think they 

 have been forced to an unnatural position. 



Hickory logs continue firm and the import has 

 been heavy. Those who acted upon the advice 

 given in this column some weeks ago are doubt- 

 less reaping a rich harvest. The market is eager 

 for more wood, but care should be taken when 

 shipping at this time of the year that logs with 

 any sign of "grub" are left behind. Ash logs 

 are distinctly a good point at the moment, espe- 

 cially the second growth shipments, which are 

 commanding good values. The shipments this 

 year have been on the light side and conse- 

 quently a shortage is anticipated before the new 

 arrivals. Shippers of this wood would do well 

 if they consigned lots forward without delay. 

 First growth shipments are also much better and 

 good prices are being realized. 



Canary whitewood remains as last reported — 

 prices still ranging high and the market limited. 



Oak finds more favor, especially lumber cut 

 on the quarter. Birch is weaker as also is maple, 

 both woods suffering from an excessive import. 

 Cheaper woods are being much sought after, such 

 as cottonwood, tnpelo and the like, but the stock 

 here is sufficient and the prices ruling cannot 

 lie very encouraging. Cypress stocks are moving 

 rapidly and this wood seems to be finding a mar- 

 ket in many quarters in place of canary white- 

 wood. 



