The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-07-24
LUMBER IS STRONG
Talk of Further Advances With
Manufacturers.
JULY SALES CONTINUE HEAVY
Strong Advance In Horseshoes in
Hardware List-Paint Oils
Lower.

There Is a pronounced feeling Of strength
In the white pine lumber market and with a
continuation Of the present active demand it
is not improbable that an advance may occur
before the end Of the summer. Owing to the
fact that Farmers are busy with their har-
vesting and hayjng at this season of the
year, it is generally expected there will DC
falling off in movement the latter part Of
July. Thus far this month there has been
no curtailment in this direction. The move
nent continues much heavier than in June
and with August and September at hand,
when there is always an increased demand.
the prospects are extremely favorable for con-
tinued activity.
Dimension Is one OF the strong items on
the list. Long timbers better than twenty
feet are hard to obtain and there Is feeling
that prices should be higher. Some other de-
scriptions in common use are also In very
active demand and are firm.
Rates Help Local Firms.
The continued low freight rates to the
south and southwest are undoubtedly bring
ing much business from that section. North
ern manufacturers can obtain cars more
promptly and can make shipments quickly
AS result they are securing business from
q larger range of territory. -
Saving operations continue up to the capac-
ity of most Of the local mills and conditions
Shipments of white pine lumber for the
week ending Tuesday night aggregated $780,
900 feet as against 900 feet the previous
week, decrease Of 2T2,0O0 feet. Receipts
were 3,360,000 feet, as against 3,744,0O0 rect
the previous week. a decrease OF $4,000 feet
Receipts OF logs were al cars, estimated to
contain 1,As,000 feet
Hardware Continues Firm.
In the hardware list the most pronounced
advance has been on horse shoes, amounting
to Is cents keg, making the total advance
thus far this year IS cents. Materials have ad-
vanced to the point where the cost of pro-
ducing has increased so cents key and the
market is consequently very strong. Nail ana
barbed wire are without feature. AK manu-
facturers have advanced prices % cents
dozen on all descriptions. Paris green re-
mains firm. Cordage is steady and without
important change. Stove hollow ware rs
higher with the approach OF the new season.
Casters have advanced slightly. Brass and
zinc oilers are Irregular owing to dis
continuance of the association. Other lines
are without feature.
Paint Oils Lower.
In the paint situation the position OF oils
lis attracting most attention. Owing to a
lower market on seed and the approach Of new
crop prices have eased off slightly. Turpen-
tine has declined II cent and Is easy. Shellac
is increasing in importations and the market
on shellac varnish is easier. Mixed paints are
without feature.
~ Glass Is to Advance.
= The situation in window glass is very firm.
Stocks In this country are much lower than
previously estimated Due to this fact and
the postponement Of the opening of the new
fire till Oct Is, 1t is expected an advance Of
10 per cent will occur soon after Aug, 1.