The Northern Daily Times.
Liverpool, Merseyside, England, 1856-09-12 00:00:00

AMERICAN TIMBER.

At the time when we issued our last fortnightly circular, con-
siderable anxie' y was experienced here on account of the fluctuatinz
nature of the weather, which caused doubt as to the ultimate yield
of the crops; since then, a very favourable change has taken place
in the condition of the atmosphere. and the grain crops have
ripened with a celerity scarcely to have been expected. In the
southern districts these crops have been all secured in admirable
order; in the north and other late districts the harvest is already far
advanced under circumstances, which admit of no doubt that the
yield will be fully, if not above, an average ; the chief (if not the
only) drawback to this cheering state of matters, is the condition of
the potatoe crop, which in many places has given way to a great
extent ; still, as the accounts of this important crop are conflicting,
there seems some reason to conjecture that even in it, the falling off
will not be very great, more especially when it is borne in mind that
more than an average quantity of land has this year been placed
under culture fc r that root. This naturally leads to the expectation
of an easy money market and a brisk general trade—indications of
which have already manifested themselves. Timber and deals of
all kinds have participated in the general improvement, and prices
have advanced, while the smallness of the stocks in hand wou'd
seem to warrant the expectation of a further rise; the future, how-
ever, must be looked to with great caution, for while prices have
risen, the rates of freight have advanced still more rapidly—thus
enhancing the cost of importation. If this state of things continue,
a reaction will become inevitable, as the present high prices cause a
vary large production. while they at the same time tend to dis-
courage sales; and, notwithstanding the demand, stocks must be
considered as already on the increase; prices are quite as high as a
legitimate trade will warrant. By these remarks, we do not mean
to assert that prices may not, to some extent, be still upward ;
indeed, we think that very probable; but, if it should occur, we
feel satisfied that it will give a decided check to consumption, and
occasion a reaction in the market. The following observations will
show the particulars of value, in relation to the articles of leading
manufacture
PINE Tuunen..—From Quebec since the Ist February the import
amounts to 24,581 logs against 22,554 at the same date last year.
The consumption is fair, and prices are dearer; 70 to 75 feet average
of good quality is now saleable at 20d to 21d per foot; the stock in
the market is moderate. From St. John the import is 18.651 logs
against 13,528 last year; this article ha', improved in price, more,
however, on account of the quality of the late arrivals, which
have been good, than the actual demand for It. The stock is 28 per
cent in excess of last year. The value of 18 inch average is 2s per
foot by the cargo. Of Lower Port there are no sales to report.
RED Pram is worth our quotations, viz., 20d to 224 per foot,
according to size and quality.
OAK AND ELM.—The former has been sold at 2s 2d to 25 4d, and
the latter at 21d to 2s per foot. The stock of the former is large,
and of the latter the supply fully equals the demand.
HARDWOOD.—SeveraI parcels have lately been sold with the
cargo; St. John of 14 Inca is worth 18d, 16 inch 22g, above 16 inch
average 23d, and in proportion as in quality. A parcel of Pars-
born, say 15 inches average, will realise 19d to 20d per foot, if fresh
and good. P, E. Island has, in some instances, been sold at 14d
per foot.
N.B. AND N.S. PINE AND SPRUCE.—Since the Ist February the
import in round numbers has been 23,000 standard, at the same
date last year it was 39,, 00 standard; the consumption is going on
favourably ; the , tock is light and prices are higher.
FROM ST. Jour.—Cargoes of good quality and specification are
worth £lO to £lO 55 per standard; St. Stephen's, £9 15s to £10;
Miramic £9 15s to 410 ; Pugwash, Ns to £9 15s ; Pictou
Battens, £10; Windsor, £9 15s; Parsboro. .eg lOs to £9 155 ; and
other kinds in proportion. Pine is not so saleable as spruce, unless
of good quality.
gazette DNA ts..—First quality pine is worth els to £l7; second,
411 10; to £l2; and third, £9 108; spruce is worth 40 15s per
standard.
SPRUCE SrAlts.—Good fresh black spruce of small size is worth
191 per foot ; inferior sorts, with the bark dried off, are not worth
more than 12d. A few of the latter have lately been imported.
PITCH PlNE.—This article from Savanna is worth eur quotations,
if of good quality, fur an average of 70 to 75 feet. Charleston is not
worth so much by 4d to 61 per foot.
TEAK WOOD.—There btu; been no recent transaction in this artic'e
by the cargo from the quay, consequently sales are confined to retail
from the yards at £l4 to 416 per load.
Since our annual circular, dated Ist February, 143 vessels, 116,792
tons register, wood-laden, have arrivedfrom
6Blri4ti,slho9NhoardthaArrmiveerldc.a,
viz., 42 from Quebec, 61 from St. John, N. B. and 40 from other
ports ; at the same date last year, 214 vessels,