Show LUMBER PRICES ARE REDUCED Local Dealers Announce De Decline cline dine in All 11 Building Material Because of Stringency MAY BE ONLY TEMPORARY FREIGHT RATES ARE NOT EX EXORBITANT EXORBITANT EXORBITANT SAYS MERLL MER LL ith the annual New ew Years inventory inventory Inventory tory comes the tile announcement of th the decrease from 5 S to 15 per cent In th the price of This lessening in th the tho cost of lumber is probably due to th the decrease In the cost of production a awell as aswell aswell well as a decrease in demand resulting Indirectly from the recent financial stringency The fact that labor can be secured at much less than formerly is probably the principal reason for falling off ocr in lumber The factories fa tories are able to put out the lumber at a re reduced reduced luceil price which enables s the retail dealers to sell at The decline In the price of lumber Is only temporary said George E Mer Merrill Merrill rill of the Lumber Lumbe company yesterday Since the first o othe of the year the dealers have been selling lumber at a lower figure than hitherto because of the fact that they were able to Lo secure It at a lower price The low loft price of lumber is an outgrowth of the recent financial depression and canno cannot continue after atter the financial conditions become normal v The Time to Build It is probable however that the present pre nt reduced educed prices of lumber and other ther building material will continue until next summer For this tills reason I 1 would urge that those who contemplate building homes and places of business do 10 so 50 this spring It seems scorns that the proper roper time to build would be this spring for the reason that there are a number of factors that make building operations much cheaper than hereto heretofore heretofore fore ore foreAn oreAn An important consideration in the building of and business houses is labor This spring on ac account account count of the closing down of ot the mines and smelters common laborers can be secured at much smaller wages am and this his rule will also apply to a certain ex cx extent extent tent ent to skilled labor There is but little doubt but that tha these liese conditions will be taken adan advantage tage age of by the investing public Al Ah Already ready building activity has been begun by y many who have held real estate for to im improve Improve years Tears waiting for the opportunity prove roVe it A business man of Salt Lake is 5 planning to erect fifty cottages nex next spring on his property not far from the he city No Complaint on Freight Rates 1 I am satisfied that the low price of lumber umber will not continue later than next fall As soon as the finances assume normal ormal conditions the lumber will re resume resume reume sume ume its normal prices Lumber is selling elling lower now than thaI it II should anc and the he public should take advantage of the temporary decline It has been said sald that certain freIght rates ates are exorbitant It Is true that some eme of ot the rates from certain points are Lre almost high enough to be prohibitive prohibItive tive yet the practice is not different from rom that in other parts of ot the country and to one familiar with shipping lum lumber lumber lumer ber er the railroad rat raf charged In the west rest do not appear too high |