The Montgomery advertiser., 1908-07-29
AND HEALTHY
YELLOW FINE MARKET HAS NOTE
 or CHEER.
Lumhernen Predict Advance of hearas and Timber Before Fad ef Year. sfumpaee Qustsd Firm at
 Home ana Akr0ad.

Probably no line of industry h Ala bafua has witnessed more pronouneed improvement than the yellow pine 'u91s Der manufacture. Dealers are report irg a noticeable improvement In both the retail and wholegate trade. Local saIssnen are especially optimistic over the outlook.
 It was pItiable to behold during the height of the panic the abjeet appear. ances of the lumber fnanufActurer ana dealer. They Fnurnured always or cutting the lumber and timber at a loss The monthly and annual naeets ings Of the association served but te unite the walls Into one harmonious chorus. Yet the misery of 1t all was that their cries rose from the heart.
 The manufacturers were in reality cutting at loss. Even the recent re- ports of carefully prepared cost sheets of individual mills show elight losses. The operators of South Alabama and West Florida found themselves per- haps iu q worse hole than the average producer. The latter might by some device arrange to shut down. Not so with the majority Of the Alabama mills. The owners of the latter were tied up In purchase contracts which demanded the operation of the mill to meet the terms of debt. Everything was caught in a pinch. It was the confusion re- suiting from heavy operations under taken by contract at the tidaiwavs of ptosperlty and then the collapse of the market.
 Some. too, were invnaxea stn short term leases from whici could set no relief except to csts nNt, cut. and that meant waste. s&xAIl others con- tInued operations purely to keep to- gefher well organized crews of iaber and to make the hundreds ot head of oxen pay for their feed Aud ail the while the miII men declared there was loss and no pTQf
 The steadfe fAaslns dsmaRd for 1urnhsF, the 0s ap In huildiaS op- eratiohs all 64Sh the intsrters and other fayorakle factors have nasde ths brpansrts taa&e on an entirely NIffer- ent hue fro3& the situation ef six months ago Advances of upwarap of dollar q NASsand in some grades of lumber have sulted in the last lew weeks. Theaxetai yards are begsn- steady cenHssnption were restored. Sales ct tho plant are less deeuitory than fnf several nscuthe back. Al things are combining to put smile on the lumherman's face. N fs. | what kept the whole lumber trade buoyed all during the panic, however. has been the unyielding price of stump age. 5LumpdEe Fcccueo put Vesy 4ttAie and evan now good advances are re- ported from the interior. If one be- lieves that timber rights and lands are going for a song lst that one hop into the market for such property. He Will be forcibIy reminded that a dollar at present looks but little larger to the owners of virgin trees than before the public. Recent transfers substantially prove this. Lands sold but yesterday for a dollar an acre more than three months ago, ..-...
 Also reports of improved market conditions in the interior and export timber trade have come in. This Is due not alone to the more healthy status of the foreign money markets, but to actual frmer demand in the ln- terior. The prediction is that before the end of the year another dollar. and maybe two, will be piled on the lumber prices.