HARDWOOD RECORD 



V 



great. I expect the market to improve during the 

 fail, no sreiit rush of business, but a fair trade. 

 Prices are only fairly satisfactory, soft in spots, 

 but as soon as the fall trade starts in, I expect 

 them to stiffen up and be satisfactory. Our out- 

 put for the fuiuro will not be decreased or in- 

 creased, as we will manufacture about the same 

 amount in the future as we have in the past. 

 Kespcctfully, 



C.iHRiER Lumber & Manufactubing Co., 



K. M. Currier, President. 



Looks for Fair Business This Fall 

 CiNci.NXATi, Ohio, August 23, 1910. 

 Hardwood Record, Chicago, 111 



Dear Sirs ; We have yours of the 24th inst. 

 asking for our opinion on the present condition 

 of business and what we think of the future. In 

 reply beg to say that we have a pretty good 

 stock of dry lumber on hand at this time, as we 

 made contracts in the early part of the year, and 

 the lumber has been coming in pretty steadily, 

 but has not been going out as fast. We have 

 had a fairly satisfactory volume of business, but 

 not really what we expected during the past two 

 months. With the exception of good plain oak 

 and poplar, we do not find prices very firm. We 

 feel that we will have a fair volume of business 

 during the coming fall, but we can see no indi- 

 cation of an advance in prices, with the possible 

 exception of some of the better grades. Money 

 in this section continues to be very tight for 

 some reason, and unless the situation is relieved, 

 we believe that there will be a tendency on the 

 part of the consumer to buy only what he needs, 

 yours respectfully, Duhl.meier Brothers. 



Prominent Veneer House Keports Prices 

 Unsatisfactory 



Louisville. Ky., August 2.1, 1910. 

 Hardwood Record, Chicago, 111. 



Dear Sirs ; Replying to your favor of the 

 23d Instant, as we produce only a limited quan- 

 tity of lumber, perhaps our experience would not 

 be of very much value to you. However, answer- 

 ing your inquiries, our stock of lumber at this 

 time is considerably in excess of a year ago at 

 this time. The volume of business has been 

 practically the same. It seems to us that the 

 prospects for fall trade are good. Prices are not 

 satisfactory in our general liuc, and in lumber 

 there has been a slight decrease. Answering 

 your inquiry No. 4, we expect to make no change 

 in our output. Tours very truly. 



The Louisville Veneer Mills. 



D. E. Kline. 



Optimistic Over Fall Outlook 



CHiCA.io. August 25, 1910. 

 Hardwood Record, Chicago, 111. 



Dear Sirs : Ueferring to yours of the 24th, 

 we beg to advise that our stock of dry lumber 

 compares in size and quality about the same as 

 a year ago. Our volume of business at the pres- 

 ent time is about twenty-five per cent greater 

 than it was last year, and we think the pros- 

 r-pcts are good for a fall trade. Prices are fairly 

 satisfactory with the exception of low grade 

 lumber and we confidently expect to see prices in 

 low grades advance materially. It is not our 

 intention to increase our output for next year, 

 but we expect to handle about the same amount. 

 Vnurs very truly, 



Estabrook-Skeele Lumber Company, 



Per T. S. Estabrook. 



Big Michigan Producer Eeports Stocks Low 



Bay City, Mich., August 24, 1910. 

 Hardwood Record, Chicago, 111. 



Dear Sirs : Your favor of the 23d received. 

 Our stock of dry hardwood lumber is the lowest 

 it has been in several years and is not over 

 twenty-five per cent as large as it was one year 

 ago, including No. 3 common. August has been 

 a very godd month and we have made several 

 b.rge sales and inquiries are numerous and appar- 

 ently urgent. Present prices are firm and com- 

 parison of reports of stocks on hand with those 



of one year ago lead us to believe that values 

 will increase. This is based upon the belief that 

 the mills will go into the winter with very little 

 dry stock on hand. Our cut for the next six 

 months we estimate will be about .seventy-five per 

 cent of what it was during the same period last 

 3 car. yours truly. 



The Kneeland-Bigelow Company, 



W. N. Wrape, Sales Manager. 



Future Looks Bright 



Uermansville, Mich., August 2."), 1910. 

 Hardwood Record, Chicago, 111. 



Gentlemen : Re your favor of the 23d, our 

 stock of hardwood lumber at present is about 

 the same as last year, although our sales have 

 been heavier. Our input of logs last winter was, 

 however, in excess of previous years. 



Trade has been exceptionally good and prices 

 vcr.v satisfactory, while inquiries for stock seem 

 more numerous Uian usual. 



Wo believe that prices on hardwood, particu- 

 larly bircli, will hold firm, and are inclined to 

 feel that they will strengthen. 



Our input of logs this fall and winter will be 

 less than a year ago. The future looks very 

 bright indeed. Yours truly, 



Wisconsin Land & Lumber Company, 



By W. B. Earle. 



From a Large Michigan Manufacturing 

 Concern 



Detroit. Mich., August 24, 1010. 

 Hardwood Record, Chicago, 111. 



Dear Sirs : Answering yours of the 23d, would 

 say that our stock of dry lumber is less than we 

 liad a year ago. and as far as prospects for busi 

 iiess in the near future, we can see no reason for 

 decline. 



For ourselves, we do not put out much hard- 

 wood lumber during the summer, and we believe 

 this is true of m^ist of the northern hardwood 

 operators. What we have on hand in hardwood 

 at the present time really represents all that we 

 will sell for the next six months. 



Reports Prices on Giuu Much Better Than a 

 Year Ago 



Cincinnati, August 2.5, 1910. 

 Hardwoud Kecokd, Chicago, 111. 



Dear Sirs : We have your favor of August 24 

 relative to the general hardwood situation ; 



Our stock of dry lumber as compared with 

 that of a year ago is fifty per cent less in quan- 

 tity and just about the same in quality as, re- 

 gardless of market conditions, we sell our low- 

 grade stock first. 



Our volume of shipments at the present time 

 is at least fifty per cent more than a year ago, 

 but we will bo frank in saying that at times we 

 have just about cleaned up our last order, but 

 fortunately always get in a new bunch. This 

 gives us a scare occasionally, but on the whole 

 our shipments are very satisfactory. We have 

 quit analyzing the prospects for future trade, as 

 we are always wrong when we try to analyze. 



Our output is largely gum lumber and prices 

 are much more satisfactory than a year ago. We 

 have no reason for believing that values will 

 decline and liave hopes that they will increase 

 further. 



We do not know as yet as to whether we will 

 increase our output or not. We thought we were 

 going to increase it. but find we cannot do so 

 without getting in logs faster, and up to the 

 present writing the logs are not co.-ning in with 

 sufficient rapidity to warrant any increase. Yours 

 truly. 



The Bayou Land & Lumber Company, 

 Geo. W. Hand, Secretary and Treasurer, 



Looks for Fair Demand This Fall 



Memphis, Tenn., August 23, 1910. 

 HAaDWoon Record, Chicago, 111. 



Gentlemen : Replying to your letter of Au- 

 gii'^t 23, we will endeavor to answer your ques- 

 tions in the order in which they are given. 



We find that we have about the same amount 



ut stock as one year ago, with perhaps a less 

 quantity of No. 1 and No. 2 common grades. Our 

 accumulation this year being a greater percent- 

 age of uppers as compared with last year. 



The volume of business at the present time is 

 not what we would like to see it, but it perhaps 

 measures up to all that we have a right to ex- 

 pect under existing conditions. 



While we are expecting an improvement in 

 demand a little later on, yet we are not looking 

 for a great increase in fall trade over that which 

 prevailed last year, except, perhaps, in the No. 

 1 and No. 2 common grades. 



Prices are satisfactory except for low grades 

 of Cottonwood and gum. We do not believe that 

 there will be any material change in these two 

 items as to value. 



t>uartered white oak is much weaker than a 

 year ago and prices are somewhat lower. We 

 believe this to be a healthy sign, as quartered 

 oak prices have been too high in our judgment. 



There will be no material change in our out- 

 put for the coming year. 



It is our .iudgment that before we can recover 

 from the slump of three years ago, that cotton 

 will have to reach a value of from 10 to 12 

 cents : corn, 40 to 50 cents ; wheat, 75 cents, and 

 meats fifty per cent of their present values. 



Furthermore, we believe the conditions are 

 going to remain unstable until after all railroads 

 have submitted to the same investigation of 

 iheir affairs as is now being applied to the Illi- 

 nois Central. 



House cleaning in this line should be made 

 thorough in order that a just and equitable basis 

 lor rate making can be arrived at. Yours very 

 truly. 



C. D. Hendrickson Lumber Company, 



By C. D. Hendrickson, Manager. 



Prominent Michigan Manufacturer Sees 

 Danger in Overproduction 

 Bay City, Mich., August 26, 1910. 

 Hardwood Record, Chicago, III. 



Gentlemen : Yours of the 23d received and in 

 reply to the same we would answer your ques- 

 tions as follows : 



Our stock is about the same as last year. 



Business with us up to a week ago has been 

 fine. We notice some little drop-off the last week, 

 which we think is caused by the season of the 

 year, as people are generally taking their vaca- 

 tions at present, and we think we will have a 

 nice fall trade. 



Prices are fairly good. W'e ought to get a 

 little more for some of our stock, but we hardly 

 think present conditions will warrant it. 



We are not going to increase our output this 

 year, as we think there is a great danger now 

 of overproduction. 



We trust the above answers are what is de- 

 sired, and remain. Yours very truly, 



W. D. Young & Co. 



Report Business Not Quite Normal 



Memphis, Tenn., August 25, 1910. 

 Hardwood Record, Chica.go, 111. 



Gentlemen : We have yours of the 23d. 



While wo do not feel posted on the market and 

 business conditions in general, will say that our 

 stock on hand compares almost exactly witli 

 same time last year. Our business is not at 

 present just what it should be. It is ranging 

 from sixty to seventy-five per cent of normal 

 and we consider the outlook good. 



Wo believe in sixty days wo will be doing 

 from ninety per cent to a normal business. Prices 

 are ranging about the same as usual, demand not 

 quite so great, stock is probably a little harder 

 to sell than it was four months ago, but we are ' 

 obtaining practically the same prices. 



AVe believe values will remain about the same 

 with a better demand. Our output will be in- 

 creased in the next six months if our judgment 

 proves right, in guessing the demand will justify. 

 Very truly yours. May Brothers, 



Per Ralph May. 



