The Minneapolis journal., 1902-06-19
REDUCED The CUT
Lumber Production Locally Less
Than Last Year.
NO SURPLUS STOCK ON HAND
Surplus by First of July-On .,
and Paints Are Steady.

Statistics giving the scale Of logs at Mime
apolis, both rail AMI boom, from the opening
OF the saving season till June l, were made
public this week, and indicate a curtailment
in the production of white pine lumber. as
compared with year ago, OF trihe over -
per cent This reduction in cut occurred In
April and was due to the low stage Of water
which prevailed III the river at that time.
The total survey of logs a year ago to
June was approximately 105, 100000 feet as
compared with only 77,oO0,00o feet surveyed to
the same date this year This was falling
off Of 2S, 1000 feet, and consequently 1t IS
safe to assume that manufacturers reduced
their output of white pine lumber In propor-
ton.
These statistical conditions are more than
likely to have a verv firm influence on the
market in the near future. It is alwa-s the
expectation of manufacturers to accumulate
q considerable surplus by July or each year
over their movement out, in anticipation OF an
increased demand from that time forward.
This season there will be no sach surplus
available The continued heavy eemand
throughout the spring, accompanied by the
shortage in production thus far into the year,
has resulted i'll all dry lumber going into
consumption as rapidly as it was avallaole,
so that even moderate surplus stocks are out
of the question. ,
Demand for white pine Is actively increa asins
a.,
shipments for June would be very nearly as
heavy as those for the same month a year
ago. In July heavy demand is always ex-
pected, owing to the fact that yellow pine
manufacturers are restricted in their snip
ments, due to a lack Of cars, this car short
age being caused by the movement or the
southern and southwestern grain and fruit
crops.
White pine prices are held very stiff and are
as strong as they have been at any time since
the recent advance went into ERECT
The CooperaEe Situation.
The local cooperage situation is without spe-
cial features Shops in operation are largely
consuming stock bought on old contracts and
are not actively in the market for new sup
plies, which is resulting in a quiet demand
Patent hoops hold at sS.75Ga, and slaves are
moving out at S7.75@S.25. Heading is on a
steady basis az An cents.
Sash and Doors Active.
Manufacturers of sash and doors have had
ono OF the most active seasons they have ex-
perienced in a number Of years. The demand
for stock goods has been of large proportions
and especially has this been true OF screen
doors and windows. which were in short sup
nly part of the season. In other lines OF stock
goods there is no surplus on hand, and fecto
ries are being operated at the maximum tc
meet the current requirements OF the trade
Estimators are also busy on special work
and the volume of this business is very salts
factory.
' Paints and Oils Firm.
More favorable. weather recently is result
ing in better demand for prepared palnts
With a. continuation Of the comparatively COO
weather, exterior work can be continued all
summer and this will round out the season
IN good shape. zLinseed oil continues ON a
steady basis Turpentine has shown recen'
advance of | cent and is firm at o512 cents IL
.n,ou lots Oxide Of zinc and other ingredt-
snts are steady White lead is unchanged