Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-07-30
LUMBER ADVANCED
Dealers Met Yesterday and Raised
Dressed Lumber So.
humber. RnIsed Ovcr May 4,h.
PrIcc Iists-Koush Lumber DenI-
crs TO Advance Prices Also.

The representatives of five large lum-
Der concerns of Virginia and North
Carolina met at the Atlantic Hotel yes
torClay morning and raised the price on
dressed lumber, grades l. and 3. 81
per thousand over the price list adopt
ed May ith last.
This is the second raise OF prices since
the beginning of the year. and dressed
lumber is now put higher than 1t has
been since 1898. No. / flooring. which i'll
January sold for about SIG, is now 500.
an advance of 20 per cent. Other
grades have gone up in prices accord
incly.
The lumber men who were at the
meeting yesterday were Captain John
l.. Roper. of the Roper Lumber Com
pany. Mr.. w. y. Camp. of the Camp
Manufacturing Company. of Franklin,
Va: MIR. T.. c. Fosburg. OF the GUNNER
Lumber Company. Berkeley: Mr.. w. w.
runie. of the Tunis Lumber Company.
Berkeley; Mr.. Horton Corwin. of the
Draining Manufacturing Company.
Edenton. y. c.: Mr. w. j. Jackson. OF
the Jackson Bros. manufacturing Com
pany. Salisbury. n. c.
WILL EFFECT ORGANIZATION.
The meeting was presided over by
Mr.. Fosburg. Of the GUNNER Lumber
Company. ana Mr. William Roper. of
the John l.. Roper Lumber Company,
was secretary. The five big concerns
represented practically control the
dressed lumber trade of North Carolina
and Virginia. There lis no regular or
ganization of these dealers to control
the prices OF dressed lumber as there is
or the rough lumber dealers. but steps
were taken yesterday to form an organ
ization. There is no doubt but thai;
such "A combine will matcrialize These
dealers have been controlling the prices
for some time by merely agreeins
among themselves rs on yesterday. but
as the lumber business is growing to
larger proportions every year the big
dealers desire an organization.
WILL ADVANCE ROUGH LUMB7R.
The rough lumber dealers are organ
lied in the North Carolina Pine Aeso-
citation. of which Captain John l..
Roper. of this city. is president. a
meeting of this association will DE held
here this week for the purpose OF rails
ing prices on rough lumber. Ii is be-
lieNod that the prices on this class of
lumber Will be raised from $3.50 to s.
per thousand. The present prices range
as follows: For No. l. from SO to Sl7:
NO. , from Si9.5O to $i5; No. ). from
ST. To $li; box, from so to Slo
CAUSE OF THE, ADVANCE.
y Pilot reporter was told
by Mr. w. y. Camp. of the Camp Man
uiacturinG Company, that the cause of
the jump in prices was the great and
increasing demand for dressed lumber
In fact the demand for all classes of
lumber ii increasing, and is stronger
than II has been for years. This is at
iribuiable to the great activity in
building over the country. While the
advance yesterday was 81 over the May
ith price lists. it practically means an
advance OF only 81. as the dealers have
been overseeing the price list
\ TRUST
There is practically a trust controll-
ing the lumber trade in this section.
nut ii is denied by the lumber dealers
that there is an organized trust. or
that there is likely To be- The trust
that exists is simply an agreed coop
Grafton among the dealers to control
the prices. This is not denied by the
dealers; on the contrary they defend
such a state of corporation. and claim
that it is good for the whole of the