The Minneapolis journal., 1902-07-10
DIMENSION SHORT
Long aPiece Stuff Difficult to OBJ
tain Locally.
LUMBER DEMAND VERY ACTIVE
Upward Tendency I'm Hardware
Prices Continues to
8 BE Noted.

At present local white pine manufacturers
report a shortage In long dimension or piece
stuff" as it is usually called by the trade
This shortage has been pronounced through
out the spring and will undoubtedly be mar
ket feature in the future, owing to the fact
that the longest logs in the northwest have
been pretty generally consumed. Very long
logs are growing scarcer each year as the
supply of northern pine trees dlminishes and
conditions have now reached a point where
the manufacturer has no assurance that he
can supply long lengths in ordinary dimen-
sion-22 feet or longer-from his own stock.
In some quarters, it Is stated that manafac-
turers are beginning to recognize this fact
and are taking orders for long dimension
timber with the understanding that if they
cannot procure it in white pine, west coast
hr will be substituted. Ha Il. 4
Following the Fourth of July there was a
quiet feeling for several days in the white
pine trade and shipments showed decrease.
Now, however, business ia much more active
and Judging from the way in which July has
started out, the excellent record made during
July a year, ago will be exceeded in the total
shipments of white pine this month ~
From the south and southwest there is a
very active demand. Recently it was stated
in T h e J Journ that lower freight rates
had been made into that section by the twin
city roads. The intination was conveyed to
un6 trade InlS week t1dt JneSe rates HoQlu
be restored and leading lumber manufacturers
expect to be served with notice before the
end of the week. .'--.-' -. ~.
With the restoration Of freight rates, prices
on white lumber will be advanced to the basis
Of the list of May T.. which, on some grades
will amount to $S@10 car. Retailers in that
section anticipating that they will shortly be
obliged to pay higher prices for white pine,
are placing heavy orders now and are cover
tho ooiy fpf, mt fn n
extent. -: 49, ... -
Receipts and shipments of lumber at this
point show decrease for the week, as COM
pared with the previous week, duo to the light
trade over the Fourth. Receipts for the week
ending Tuesday were 3,4S8, 900 feet. as against
4.544,000 feet the previous week. Shipments
were 1855 600 feet, as against TO- 464, 900 feet
the previous week. Log receipts by rail were
23s cars, estimated to contain 1928, 900 feet.
Hardware. Continues Firm.
The usual midsummer weakness which is
frequently apparent in the hardware situa-
ton Is not in evidence this year, and in
stead of prices declining they are advancing
on nearly all lines. Wedge and miners tents
have advanced 10 per cent. Prices for 1902
on galvanized tank heaters have been an
nounced and are 25@50c higher each than
the opening year ago. Ammunition is in
active demand for staple shot gun loads.
Lead pipe has advanced 25 cents per 100, and
is strong. Paris green is in short supply and
is strong here at II cents for arsenic. Move
nlent- lis increasing Nail and wire mills are
closing for repairs and production Of these
goods will be light this month. Many minor
items in the list are strengthening, due to the
strong position of the material markets.
-. The Implement Situation.
= Sensational advances. in the price Of binder
ttwtna; Tseent1y with further advances i'm
nntnent constitute feature of the market.
Three advances. of II cent each have occurred
in all the leading makes of binder twine in
side Of thirty days. Another advance is likely
before. the end of the week. The strong situa-
'tfon is due to the heavy wheat crop south
west and the fear that there will not be suff'
-cient twine for the needs of northwestern
farmers. Other lines of implements are
steady, with hay tools and machinery COM
manding the most attention at the moment.