, 1880-07-01
LUMBER DEALERS.
Conforcnco Of tlle Emlls n1lA 1senrn-
fixing tho Prices OF Grccn md Dry

Conference Of the Enlls nnI kenrN-
Erxing tllc Prices Of Grccn and Dry
ItccG Luntbcr.
An Important conference meeting of lumber
dealers md manufacturers WIZ held ycstcrdny
1nnrnlng In Lu1nhermHnfs hxtfn1i1e.' Tic At-
tcndunce was large,nnd i,cti Interest vas ,,t.ti-
testud In tho proceedings. which wcre III rollltyA
discussion bptwcon tho bull und bcnr Interests OF
tho traic. tho former under tho lcndcrshlp Of
Mr. Van Bchutck, tho luttor under thnt Of Nr.
Dean.
Mr.. W. E. Kelly, boing culled To tho chair,
suited that tho object Of tho meotiuE was, to put
It III tho brittcst shapc tn determine whethor
the price of picco stun should bo raised to SlQG0
Or whuthor 1t should be continued ut $40.
Tho Chairman called severally upon number
Of gcntle1ticM to glve hcit vlews on tho subject.
but nO ono seemed incinod to boyin. by way Ut
u till-up to debutu Mr.. Hurvcy rond q cnnrlo OF
luttcrs descriptive of thu dnnnKc done By rcccrt
froshcta fl tho Mississippi Valley, which shreat-
cncd to cause 4 shortnge In tho product thore
this season OF 5U,!D0, w feet:
A member nRketl whnt tad become Of tho logs
Nj. Carpenter BAtd that tho loss of tho logs
wis not tho mnst Important punt IN connection
lad been stopped for about throo weeks, which
could not occur without Berious dtnlnutlon OF
tho lumber supply.
MR. VAN BcuAIcK
said that tho stock pn hand in tho market Mt
pr1sont was 80 0U0 out Of rueolpts nr NV 00,
TSisd u S&o!D,oo %ets slrendy plaeei, isas1'ns
wtls whethor IN tho plRclng ot It, tho profits Of.
tho entlro L4ooIOW,0tU woTo 10 bo destroyed.
tilul any other ci,lss, antl ali that WIS heArl
fiO1n thoul WIS Hi inurtased dutnand. Tho
tr,u1e was not 10 profitable W Eei,erally Bul-
sos.son alw,lys showed grcat shrlt,snsv on INC
oslimuto !nat!u 1t Its uponIng. lle had earofulIY
With tic exception Of ssevons Point, sho prcGa
Mt ull tho lunlhor rentrGs wore hlEher thn those
OF Chicago. rhorn WIS l,o reason why TIC UAri-
tui invested iii tho lumber interest IN Chicago
shonlt lxht Itself. Tho Drnrs would soe tho
enormity Of sho!r orrur whon prtces nasNsic'Hl,
up % It w.s not Wise for tic scllor 10 IL moving
fur lowDr prices whom thu r,nsnlt,er wis mot tlu-
,nnndirlg tno1n. llo did nos caro Whsthur the
would siy tint he wl.s looking forward 10 higher
bvrs Is @ sup.etSor ~ @ b. beiosc &c Svery ona @ % Who
wIls now II bUnr Ia tho market would ho very
surry no took that course.
MEl DIAN
gaid TINT he presumed tho meeting was called
with u vIow 10 butug tho nlarkut tn0nluntlrtly.
| to delude tho country lnorcllHnt tnt1 tho tdest
tiMt lumber whs % vpry oeap now, ~ n,a a., was ESng '
S RSe% saosa :" "o ss VI w. % ID sSo rss
(,cforo known. During this mouth tho trssio hal
| not averaged equal to tilat Of lust yenr. Nnoho
hid co,,lS tIoS, ssi,ti woro nt,w urow.Iipg alltl
inlnmug ona as,othcr In the boon,s The only
| h0WI tho hulls could KOt up VIII concerning the
rscu0 0r In3s oil tho ChippuW.t, hut ssG.,tl ut
utttli,x oil ti!t amount Of lugs from tho stck Ia
comn thSY would In reality iltreusu Tie product uf
| iu,nHs.r fpr TIC couIij1n Yta,suil ul. HELM 10
Wcnkon tho Yplrket. liz ost tet tho tMutGi,sMl
s,;nniv in Tho Mlasissiupi VulUy 1T ~ puf cont
| nvt:r inv othor year, The lptslera th0iU wore
| HUtlluK lutulMr GhUnpur than Chicago tlGalorF
lHru soil IT, lto knew nf llve mllllotls holl!H bs
| ut rttt0 GllaM ~ <sM " Cnica91, Ino M!!l-
| 0wnnrs Wero Retling ~ r!ea M muu netl whG