HARDWOOD RECORD 



53 



NEW YORK 



The local hardwood marUet shows its pro- 

 portionate share of business activity. Hard- 

 woods are unquestionably in the strongest po- 

 sition of market conditions present and pros- 

 pective, and with the opening of fall trade 

 a good volume of business is looked for. Good 

 lumber Is not overplentlful and stocks in the 

 hands of both dealers and local manufacturers 

 ind consumers are only fair : in fact, many of 

 [he latter are practically nil e.^ccept for im- 

 mediate needs. The feeling is that fall and 

 ivluter will show considerable improvement in 

 liardwoods. Business has been fair thus far 

 ihis year, but there have been numerous hin- 

 drances, such as congressional activity in rail- 

 load legislation, etc., which will not confront 

 business during the balance of the year. Witli 



Woodworking Plant 

 Timber Lands 



A companr ownioe saw mill and two handle factories, 

 with complete equipment of best modern machinery 

 and 2,400 acres of land, on Railroad in Mississippi, 

 where freirht rate is favorable, wishes to sell its 

 entire holdings. The factories are now runnine and 

 payine dividends. The Plant includes storehouse, 

 boarding house, 32 cottages, etc, practically the entire 

 village. Of the land one-half has been cut over, but 

 still has a large amount of tie and other timber, the 

 rest has been denuded of some white oak, but still 

 contains about 6,000 feci fine oak, hickory, poplar and 

 gum to the acre. The land is very fine for farming. 

 This is a splendid chance for a moderate investment. 



M. V. RICHARDS 



LAND AND INDUSTRIAL AGENT 



Southern Railway, 1367 Pennsylvania A ve 



WASHINGTON, D. C. 



WE WANT TO MOVE 



600,000 feet dry 4-4 Brown Ash 

 EDWARD CLARK & SON, Toronto, Can. 



Greenbrier Lumber Co. 



Manufacturers 

 White Pine, Hemlock and Hard- 

 woods, from our own lands. 

 Pine and Oak our specialty 

 NEOLA, W. VA. 



BLUESTONE LAND & LUMBER GO. 



White Pine, Oak, 

 Poplar, Chestnut 

 and Hemlock Lumber 



WHITE PINE AND OAK TIMBERS ON 

 SHOBT NOTICE 



RAILROAD TIES 



We own our own stumpage 

 and operate our own mill. 



Mill: GARDNER. W. VA. 



Sales Office: RIDGWAY, PA. 



several such subjects settled for a time at 

 least, it is expected tbat business will sbow 

 more activity in all lines. 



Poplar, oak. ash, birch, cbesnut and maple 

 are very firm, the balance of the list holding 

 its own. Stocks as a rule are being held strong 

 and there is not much tendency to crowd tlie 

 market or force sales. If these conditions can 

 continue through the summer, fall should open 

 up under very favorable auspices. 



PHILADELPHIA 



There lias been a fair activity in the better 

 grades of hardwoods during the fortnight ; in the 

 lower grades a decline. It is noticeable that the 

 yards and consumers ' are carrying a fairly 

 strong stock with an inclination to conservativi' 

 buying. Some of the large consumers evidently 

 anticipate tbe possibility of a drop in vaUn's 

 before long, but a careful investigation of tbe 

 stock situation at the mill ends does not sus- 

 tain them in their fear. In fact, the price lists 

 of some of the most conservative manufacturers 

 show an upward trend ; consequently it is deemed 

 advisable to be prepared with the necessary 

 stock. Bargains are not looked for, ■ nor can 

 large contracts for future delivery be expected 

 at prevailing figures. The general lumber situ 

 ation is not marked by the sharp progress antici 

 pated earlier in the season. Hardwoods are con- 

 siderably in advance of softwoods, but it is the 

 general opinion that the fall will see a strength- 

 ened forward movement all along the line. 



PITTSBURQ 



Hardwood circles report tbat high-giade 

 stock is keeping in pretty fair demand aud 

 prices for same show no breaks of conse 

 quence. On the other hand, low-grade and me 

 dium stocks are very hard to sell. Tbe hard 

 wood mills in I'ennsylvania and West Virginia 

 have been shutting down in considerable num- 

 bers the past week, partly to hold down stocks 

 and partly on account of the busy season witli 

 farmers. In the buying demand white oak leads 

 the Pittsburg market. Timbers, ties and fine 

 stock for factory purposes are ail good sellers 

 on the list. The demand for wide poplar for 

 automobile purposes has fallen off somewhat 

 during the past few weeks, due to tbe cur- 

 tailing in tbe output by automobile manufac- 

 turers and also to the substitution by several 

 well-known automobile concerns of sheet steel 

 for poplar in making automobile bodies. The 

 factory hardwoods in general have been keep- 

 ing up a good sale considering general condi- 

 tions. Hardwood men as a rule are inclined to 

 let summer business take care of itself and are 

 not trying to force business from buyers who 

 will not purchase unless they can get reduc- 

 tions in price. 



BOSTON 



Trading in tbe market for hardwoods has not 

 been evenly distributed of late. Some dealers 

 report a quiet demand, while others have had 

 a fair month. Consumers in this section are 

 not willing to anticipate their wants to any 

 extent. Furniture manufacturers and chair fac- 

 tories are moderately busy. Piano manufactur- 

 ers have been running their plants fairly full, 

 although some were closed down from ten days 

 to two weeks earlier in the month. Those who 

 make a specialty of veneers have been in re- 

 ceipt of a good volume of new business and 

 plants are running nearer to their capacity. 



Prices continue to be as firmly held as ever. 

 Tiere are buyers in this market who believe 

 prices cannot be maintained on their present 

 level, but manufacturers show no tendency to 

 sell at less money. There has been no snap 



to the demand for quartered oak, but prices 

 remain unchanged. Plain oak has attracted a 

 larger volume of business during the past month 

 or two, the increase in demand coming from 

 desk manufacturers. Maple flooring is in fair 

 demand. JNIaple in all thicknesses is well held, 

 liasswood is a good seller. Walnut is firm, but 

 new business has ruled rather quiet. There is 

 an increased call tor walnut veneers. Cypress 

 has continued firm, although demand in this 

 market cannot be termed more than fair. Chest- 

 nut continues firm. 



BALTIMORE 



No important changes have taken place in 

 I he hardwood trade of this section during the 

 I ast two weeks. The movement seems to be 

 siimewhat slower, however, and yards manifest 

 an indisposition to place large orders. The 

 furniture factories and other consumers are 

 bolding back, as this is the period of the year 

 when the demand for their product falls rather 

 low. The dealers are beginning to show some 

 interest in fall and winter stocks, and orders 

 are being placed In limited volume, but the 

 spirited business is yet to come, and meanwhile 

 the factories are not pushed. The builders are 

 active, having plenty of work in hand and much 

 more in prospect. 



A fair demand for maple flooring is reported, 

 ;ind other woods are also being drawn upon in 

 gratifying volume. The wholesalers and mill- 

 men are moving stocks in atiout normal quan- 

 tity, although the range of prices is somewhat 

 easier. A decided drop has taken place In the 

 lower grades of chestnut, which are being sold 

 so low that the mills make very little, if any, 

 profit. Wide poplar of good quality is still 

 holding its own and brings excellent prices. 

 With the tone of commons a little stronger, 

 the producers would be doing quite well, but as 

 it is the sacrifice in profits accepted on the 

 commons goes far to absorb the exceptional 

 margins realized on high-grade lumber. Oak 

 and ash are about holding their own in the 

 domestic market, with prices, nearly as high, if 

 not entirely so, as those that prevailed some 

 time ago. Lumber is not accumulating at the 

 mills to any extent, although the inquiry is 

 appreciably less urgent than it appeared ao 

 be two months earlier. One unusual feature 

 of tbe situation is that lumber now shipped in 

 the ordinary way is received about as quickly 

 as though it were sent by express, which Is 

 taken to indicate that the railroads are not 

 overloaded with traflic. The export business is 

 si ill far less active than the shippers would 

 like to see it ; or, rather, the forwardings on 

 consignment continue so heavy that stocks 

 abroad have little chance to be absorbed, with 

 the inevitable result that the foreign buyers 

 are captious in their requirements and take ad- 

 vantage of every pretext to scale bills. 



CLEVELAND 



Not a great deal of activity is evidenced in 

 lumber circles just now, tbe midsummer dull- 

 ness prevailing to its full extent. The furni- 

 ture factories, which usually do quite a trade 

 with some of the big hardwood concerns located 

 here, are reported to be rather slack just now. 

 Railroads have shut down on buying. 



Locally the most strength continues in the 

 oak and poplar market. Quartered oak still 

 sells good and there is a strong demand for 

 wide poplar for auto bodies and similar uses. 

 Maple flooring and hardwood finish is having 

 a good call, with the outlook bright for the 

 fall trade. About fifty houses a week are be- 

 ing built In Cleveland in addition to a large 

 number of apartment buildings. These are in 

 addition to a number of public and mercantile 

 structures. 



