The Minneapolis journal., 1902-08-07
new LIST IN FORCE
White Pine Lumber Prices Have
- Been Revised.
THE MARKET sTAr1sT1cALLY
Figures for Month of July Strength
en- Views of Holders-The =
j. Hardware situation.

AS result Of the meeting Of the Missis-
sippi and Wisconsin Valley Lumbermens as
soeiation in Minneapolis yesterday a new
list will go into effect on white pine lunl-
ber The principal feature will be the res
toration of former prices in southern Min
nesota. Iowa, eastern Nebraska, Kansas and
Missouri, to the former basis before freight
rates were cut in that territory. With the
recent reduction of freight rates amounting
to 90 cents a thousand on white pine lum-
ber, manufacturers in the two valleys reduced
their selling price in proportion. Now these
freight rates are to be restored and the SELL
ing price will be advanced proportionately.
This was the principal change in prices.
There was revision of the list with reduc-
tions on some items and minor advances on
others. None. Of the advances are of such a
character that they will have any influence
on building operations. They are confined to
descriptions which used in the manufac-
ture Of other goods, such shop lumber,
etc. Some descriptions which enter into the
construction of houses and buildings were
lowered. Lath for instance, are 25 cents
lower than formerly.
White Pine Statist1cally.
White pine statistically is stronger at the
end of July than it has been this year pre-
sviously Total shipments from Minneapolis
for the month aggregated 40,92S,000 feet, as
against A, 235 900 feet during July Of last
year and 2S,O5O, 900 feet during July, 1900.
The decrease from last July was compara-
lively smaller than during any other month
since April. The increase over 1900 was one
Of the most important this year, thus far
amounting to about 40 per cent.
Receipts have also increased. During July,
190O they 6,o75, ,0OO feet; July, 1901, 9,4O5,
600 feet and July Of the present year, 49,,
$4,000 feet. This is an increase of over 100
per cent over two years ago and about 60 per
cent over last year.
Building permits for Minneapolis during
July amounted to $S0O,0s5 as against s479, ,40a
the previous year, an increase of 81 per cent.
This indicates that there has been and will
be large consumption of white pine local
ly, which does not enter into the statistical
table of receipts and shipments. Total ship
ments of white pine for the week ending
Tuesday aggregated S,6oS,O00 feet, as against
9,4OS, ,OO0 feet the previous week. Receipts
aggre sa ed 3,49SooO feet, as against 1872, ,0O(
feet tie previous week Receipts Of logs by
rail wcre 573 cars, estimated to contain ,438,
900. foE
Hardware Markets Firm.
Volume of business in hardware is holding
up remarkably we'll and demand for fall line:
is increasing. Prices continue to advance
Royal steel ware prices have been revised
and are per cent lower some goods
Building paper holds Arm with an active de-
mand. Unicr churns have advanced slight
'ly owing to the higher price of lumber. Sasl
weights have gone to S1.S5 per hundred
weight in this market, a considerable ad
vance, and are in short, supply. Washing
machines have. advanced 25@5O cents, due ste
the increased cost of lumber Sad irons have
been advanced 5@10 cents per set. Wrought
steel sinks have advanced 10 per cent and
are In short supply. ~. .-
y Prints and Oils, 81 'Ge
Prepared paints are In more active demand
from the city trade and travellers are book
ing substantial orders for the fall from thu
country. Prices steady. Linseed oil has ad
vanced l cent a gallon, but the. market il
nominal. Turpentine is easy the spot
Other paint ingredients are unchanged.