The Minneapolis journal., 1902-07-31
TO ADVANCE SOON
Rise in White Pine Lumber Is in
Sight.
~
MARKET is GROWING FIRMER
Activity Reported With Local I'M
plement Dealers--The Furnl-
Sa. ture Trade.

White pine lumber continues to firm up in
price, and a general advance is not very re-
mote. Many individual firms, according to
report, have already put in effect advances on
leading descriptions, and comparatively few
are now selling at the minimum figures. By
the 10th to 18th Of August it Is believed that
practically all located in the Mississippi val
ley and many located in the Wisconsin valley
will have put higher prices in effect
The strongest items at the present time
seem to be shop lumber and
all descriptions better than No. l
boards Dimensions in the longer lengths
continues to gain strength and supplies In
northern yards reported as rather light.
in some quarters advances this description
have also occurred.
General trade conditions are very satisfac-
tory. Statistics for the month will probably
show larger shipments from Minneapolis than
during any previous month this year. 1t
looks to-day as if the total would be very
close to $1,000, 900 feet, compared with a
trihe over $4,000, 900 feet during June.
Chicago Is Buying Heavily.
Chicago and southern and southwestern
points are heavy consumers and are buying
freely. The farmer trade is supplying Its
share of trade. but business in agricultural
sections Is not as brisk, ow ing to pending
harvests. Travellers are out, and generally
report excellent prospects for fall with every
indication that demand will increase instead
OF diminish Local building contractors in
Minneapolis and ST. Paul are heavy buyers
and city trade is brisk.
The stage OF water In the river is low. but
has not resulted in an interruption to pro-
duct!on, Good supplies of logs were on hand
and while turning operations have been sus-
pended this week, this action is regarded as
only temporary.
Statistics for the week ending Tuesday night
show shipments of 9.4oS.Coo feet. as against
9,44O, 900 feet the previous week, decrease OF
81. 900 feet Receipts were 3,s72,000 feet,
against $3.50 900 feet, an increase OF 512,OoC
feet Log receipts by rail were PSI cars esti-
mated to contain 1.722.Ooo feet.
The Implement Trade.
Wholesale implement dealers report fairly
active demand in seasonable staple lines The
most interest at the moment centers IN
binding twine, with the market very firm
and orders of good proportions. Some dealers
have completely sold out and are receiving
supplies from the factories in limited quant,-
ties.
good interest is noted in hay presses
wagons and plows for fall The harvestel
trade continues fairly brisk, and good de-
mand Is reported for separators and engines
many farmers buying their own outfits fol
fear they will not be able to get their grain
threshed this fall. Trade prospects for the
next two months are referred to as encoura-
ging.
Furniture Continues Firm.
Advance orders for fall delivery OF al
grades of furniture are being received, anc
generally run heavier than was expected. Ihls
is leading some manufacturers to write per
souai letters to customers, asking them tc
order at once IT they expect to secure goods
II is feared there will be considerable
shortage. Beds are firm and demand IL
heavy. Chamber suits and similar goods are
firm at the recent advance. upholstered fur
niture was recently advanced in some quarter!
10 ner cent. and frames from Is to 20 pei
cent. Outlook is for steady market at these
ndvances Other goods are unchanged