Show LAW c A OF oi SUPPLY S AND DEMAND FIXES PRICES OF LI LISo LUMBER So Declares Yellow Pine Witness in Kansas Hansas City Hearing KANSAS S CITY CITE Jan 26 Further Further testimony tending to show bo that the price of yellow pine pino lumber has bas not Dot increase c rapidly in the last ten Sears than d dozens zens of other commodities ties was given riven today today by br Charles S. S Keith Keith at the hearing of the ouster suit n against aix lumber companies char charged el with violation of the antitrust law Mr r. r Keith testified that corn oa 03 oa s s rye rc potatoes and cattle hat had increased cd in price at a far more rapid rate rato than lumber Under UDder cross examination on by Assist Assistant nut ant Attorney General Atkinson Mr Ir Keith said laid that tho principal cause why I there i is no lumber combine combino among the members of the Yellow Pine Man Manufacturers Manufacturers' Manufacturers Manufacturers' an association ion is because l e competition competition com corn petition from lumbermen not members of tho the association and from other materials is too lively ch to mate make it p possible For Tor instance our ur yellow yellowpine pino pine has been driven out of the Colorado Colorado Colo rado rado markets by the fir wood of California Cali fornia fornin II Do Do you yon think that the far fact that all farm products have ha shown ebon about the same fluctuations is a t proof that there is is no beef trust f fIn In In mentioning farm products I did not refer to packing house products The packers dont don't don It sell live Jive ho hogs s or but hut finisher finished products product con concerning which I have O up special knowledge c. c Then the tho evidence you have ht given hero here hereabout about the fluctuation in tho the prices of different products of the farm docs does in fact J. J not prove provo anything an U Only that tho they I like ke yellow pine are arc governed erne o by the law of supply and demand i In redirect examination the tho witness sail that o of a large ar c number of sales of the tho same kind of or lumber on the tho same day b bj tho the defendant companies 91 Ot per cent rent of the sales showed a variation va nation to in prices |