Alpena weekly argus. [volume] (Alpena, Mich.) 1871-1893, 1875-09-15

- z-zzo-Fsroo1r11< s-z.es q tns
~s-st znEsE fur = IN. receive Ecer-
a zrnDx1tx C izuasr f=an Laks
HErr1 z11 CE-lsiA uhlrA u,
EeD-zLy t3-3d a casters nsffst
VILE - mach sz-r;zs rr1riIi,-
cry = An rea3iD=ss % szx buza,er-
and Esier kDi rzzx1y trzrspor1s-
sre - cbesR n; ERIE rxlizf e.,
n1zrs - western zl ovDe-> frV-
z3g iEEr1peDeu- u lo-al 5eD.ni.
a. arr s.r-iuu "a, bs really SIP
: J.sss.S fss.B Sis=ks: markets
Dz-sa< the Pness3- D.oth 4
iErxs -sr-o q ,ai>t and szz-t-.a-.
zr-5 n a Lake H-~n porr wa.
shipPed from Cbsr.zo bE rzl 70
o-7Eas- and :.-is l. Ia sale Q.
l--1t's- -. mus hare tie lowest
rae O trE1<p0r-Eiioa- Just now
a. s-zEErors5 marker i -lC.e5 rest
.. re Mi=sis.SrTi i've. tot fbe
F-Ts1s O. lu-1t.sr required j. Dot
. Eksly - cocns from tboss nils that
hare t'ssn Supplying tins market
a. j0U r1tss AID O, lon- time. win
4 hope CT oos Oar ksrlng . better
ds-E4-l6- .. rxmuDsrstirs prices
OEs-S.oek n a. Ss-insE. Alps1s
ADJ Ch5r1-o s-1-1Etss this fed, a.
i1EL g. 0cbsrz Il ca reach
! AZ s4-lsssi that mary iz-xe
firms AID companies aye Under
The i1P-=sson TIA; fbesr large cap
itL EDi stunpzgs fsrorStiy p1r-
eh1ssi VII eust1e then 90 stsrve
CIT DiA OTDsFz- whom they sap
pose r-zsi sooo szrreoder 20 those
Welding the larger capital and
oci3- t'rsio@ss r3der more favor
able ei-c1-nstsoces u l. q fat
b0Eerer, that frUn ls73 20 this
date The s1ring capacity Of large
manufacturers Las dininislei fully
a. much g. that q the s-Dsser ones
T,his sIl continue 20 BE- the ease
80 Fong a. pine timber Is accessible,
and the small nil orDSrs hare the
sympathy 41d assistance Of the
snsn settlements they really sup
port Wien pine lsDds can be
rsoDopolizsd ~ large firms with
large espitsl. then the snail mills
vll t-s esO-e3, ssa lot before
N21y lumber manufacturers eoD-
sole ih=EnseiTfs during tie present
uu;T E'zlie yea, with tie thought
that very -oo8 ths sr-srrity q pine
lBmt-er vir sajEst the supply TO
TIE demand. and that they can
-ssE = bile continue 70 saE 70 tue
fall capacity Of their mills ex-
peetipg each year 20 learn Of some
section, ;hz; from scarcity Of pine.
or high eost q logs, from longer
hauling. has dropped from eonpe-
tition-
Twenty-Five years steady drain
has not materially reduced the
supply o. logs az any large point.
and has, With the exception Of
some small Wisconsin ports on
lake Michigan, failed 70 exhans;
any stream, while the annual pro
duct q saved lcInber has steadily
increased On Grand River, Mich
igan. the supply ate. many years
logging, stiA warrants large invest
msnts IL ssEDills and other na-
chiDery for saving the remaining
pine, while in good locations, 10
Wisconsin and Michigan. can still
be bought to- sI-25 per acre.
On many streams large amounts
Of stBmpage can be still be bought
az 81 per ihonssni feet and even
less. This does not foreshadov
scarcity Of pine for fully thirty
years. and Il is q fact that both
Wisconsin and Michigan have at
this time more accessible pine tim
Der than ten wears ago, as immense
tracts have been opened in both
states by improving small streams
and extending lines Of railway.
The products of small mills 10
Gated on these railways now enter
largely into the present supply and
materially affect prices in many
markets.
! now return to the proposed
remedy, IN fact the only cure, for
what all manufacturers admit is
the present great drawback TO the
> 1mber trade, over production. II
am itiopal proof Of il il wanted,
witne = the Chicago yard market,
its pres, of extremely low prices,
its extend, 4 credits on yard sales.
its army 90 drummer urging
sales for cash or credit, from Bos-
ton tn Denye-. it present stock Of
300, O00, 900 fee. OF lumber and co. |
900, 900 Of shingles, sud last but
not least, its immense f. II now lin !
yeriDg at the Lumber Exchange
docks, with . falling rnarL ct for
cargoes at a season Of he rear
when rapid sales and an ad, Incl 'g
trade should rule. Full cas .roes
have been on the market more thai
Iour days unsold. Additional evi-
Hence also exists ia the fact that
Lake Huron ports are shipping
over ion, OOO, 900, feet OF lumber to
Chicago to be sold by cargo afoat,
md scarcely in auy case at profit.
/ am fully convinced that this
state Of trade must continue be-
pon1 *l.a $4,000 --~.- - A..