Show NO PROSPECT FOR r a r Advance in Prices o of f M Materials Ma Ma- a- a 1 BS BSh h I is Permanent Say Dealers LUMBER BECOMES SCARCER t St Ill II e C eho Who ho Delay I III 5 on Oil Account ceo II lit of ur Cost C t May flay Ia bo he f Loser Loc CI In lu End p t t I Although local real estate dealers have a ano no serious complaint regarding reg the demand for vacant lots Jos It In Ih I the i residence partis of ur the he city they su say tho the demand for 01 finished houses Is away away ahead of the demand for fOI vacant 5 0 property properly from those who contemplate building Iloa Hodl estate transfers for COl i o la last Ji t I month month being mostly made up UJ t 1 improved residence once p property r rall rangIn rang rang- I f s ly Iii In III value Irons from 2500 Ito to 1000 J Dear out this statement and dealers c sty say they ha have had nothing L couin 1 L us as n n. bargain on In I Ih h R O fui r JI moro than n n. few fow Ila days M A l nt 11 oat feature oC this ela cla class c s of or trad a ai i IS that thal niost mOHl of or the Iho Bales ol of or rest rest- denceN and cottages In the last a t month have been to p people olle who will win occupy the tile properties rather than to tn Investors who intend to hold huld thorn thom for rental Gals GallI Nothing h by The Investor tor who wants a string siring t i of f rental houses bu buys s 's his lots Jots and amI LC said a L local real estate deal deal- q qt who has a few rental receipts of Ills 1118 own awn to lu sign every every month Thet The t reason for the tho tendency of or those who yant ant to own their own homes s to buy I houses or collages instead of building tor or themselves cs is Js apparently that I they thoy UI are afraid of or the thc building proposition because of the recent sharp ad advances advances advances ad- ad vances in the tho cost of or labor and build build- building f lime ing 11 material I am convinced that tails tl Is view of ot the situation is erroneous for or although lumber and building I materials of almost all descriptions r Ore higher the tho advance seems seem to be he a 0 permanent one and the mho prospective will gain nothing nothing- by waiting one ono two or oven even five Live years nn and at tho the Ciul cind he may be he loser George B. B 1 a local lum lumber er Id dealer alel who is r regarded garde as authority on the thc lumber market says 18 nothing la is to be bo gained by postponing building build build- ing with the be hope that that materials particularly lumber will be cheaper Says SlI'S II Aro 10 Permanent I There is no denying the thc fact that thai I lumber prices have advanced a lOO good I 25 5 6 per cent in the tho last year yeal he said but this advance has hn its HK natural causes am e and und tho they arc are permanent Were Vcr the advance the result of any Speculative movement It would bo reasonable to expect a reaction i and the public would bo be wise in U deferring operations for Tor a time iron in the lumber r business who have made a u. careful and systematic investigation of r the situation In the tho whole country are now trying to place or orders for their entire seasons season's supply of ot r lumber lumel lum lum- ber Imer el for 1 DOJ at ut present prices This I shows the tho confidence of or th the lumbermen lumber lumber- lumbermen men that there will be no decline in inthe n months Illustrating Illustrating- the next twelve the feeling of or the retail lumber merchants merchants mer mer- chants chant it is a noU cuble feature of the fhe trade that when orders are aro placed with the wholesaler wholesale It is not a a. question ques ques- lion tion of ot price but supply When can canI I 1 s get t th the goods The lumber situation of or the coun- coun try try dry may be br summed up in fn a statement statement state state- ment tent that the dt dema demand manO nd in the tho last t two exceeded the tho supply supply supply sup sup- y years hag has so greatly ply that lint some of tf tho the most prolific distracts districts dis dis- ls- ls three years yea States Slates tracts In the United of or the ago ugo have not even enough common grades of or lumber to supply 5 5 their Weir local demand Tho rho manager for fora a n large lumber concern that tha 1 has DS t cities in Michi- Michi yards in to various told me meri mett 5 1 can Wisconsin and amI Minnesota tt that up to three years year's eals ago ho had ri of PatS Pa- Pa consignment 1 bought a never novel r. r ago a o he lie tS cine elite coast timber limber Two wo years said he ordered lumber from rom the Iho PaS Pa- Pa f of or his yards ards last j. j coast cast for four coast I received of or tho the yards year ten had and this year he lie consignments f of or orl te ordered full stocks for or every one ono 11 J coast 1 Pacific the the yards from l The rhe reason for Cor this was v that the k y J immense tracts of or fine timber lands in western western west- west of or tine the middle 8 tire the nor northern hern part had been cleaned up en- en orn ern ern sta elates es r Lively 1 Forests tM Being Up I In this mils manner mannel tho Iho forests foresO of t Southern Stales Slates arc being belli f of the f cleaned up and anti It will wm b be oil only b a n afew few years before the trade will come como cometo comoto Pacific to tho limo realization that timet the tho coast must be hc depended upon to su supply supply sup sup- I the whole country as w wen well ell as an ply over increasing foreign demand True it II la is that there ar are vast tracts yr-t yr practically r c of the best Umber timber a as f in the Northwest e t but these untouched In the Ow last few years have ha passed hands hand of holders who largely into the Ii nal realize their and future value alu and aI are financially strong Iron enough gh h to I v l Ia prod production nn un until the th they grot get I I their heir price prier V Ve may talk of or monopoly and combinations until we are arc t tired nd o of tho mho sound of ot our own voices but the tho fact remains that these holders own the limber and can sell it at their own price or hold It Not only docs does practically all of the lumber for Cor this part of the country come from rom the Coast but Iut the Eastern Eastern East East- ern is such Much that California timber Is being shipped to Connecticut cut at a freight rate rale of or 7 75 cents a hundredweight while the same lumber lumber lum lum- ber her were It available In the Michigan Michi Michi- Michigan gan district could be e shipped at a rate of 3 35 cents a hundredweight The rue Thelow low grades of or pine pule from this coast aro are in particularly strong strong- demand from Eastern Eastern- dealers Timber hel Owner O Goth Gets Increase c. c With Villi Ith the recent advances in it lumber lumber lum lum- ber It Is the lime timber man who gets g-ets the lions lion's share of the Increase formost for formost or most of or the tho owners of or sawmills in the country countr are n now nosy w forced oled to lo buy huy their timber In competition In fn th the open marl market eL As AM for 01 the whole wholesaler aler although al although al- al though prices ha have advanced ad on nn sonic some grades front the former price of oC 1 G per pcr thousand nd to 23 3 3 ho he makes makos the tho same on a thousand feet as formerly while using at least 25 5 per percent cent more moe capital in hl hl his transactions Practically er c every other comet commodity has advanced similarly and farm tarm products generally bring more money than two years ars ago Considering Considering- this anti and the fact that J lumber Is not Is-not not a a. yearly early crop It is only natural th that lt prices should be y ill x s 4 The 1 he foreign doi demand d ald for tot Pacific roast coast lumber is an aft Increasing ever ever Er g tn the goner l si situation uJ tion in tl Uie e t tc p rim Tha ru o export of or lumber lum tum- bur ber- from Tactile Pacific c coast ports has nass In Increased Increased In- In creased nt In bt jho ho hi last hUll t live 0 years lara nail ant ft ft t t every oVery 51 sign n of a n continuation at the thc same rate of increase In Increase In- In crease for tor years to come The foreign foreign- foreigners ci ers s arc are willing to pay pap even cn better prices tha arc being offered in bi this country anI and this demand Is cutting a large largo ure In the trade in this coun coun- It try Must on om Coast Cn t. t Speaking of or local con conditions Mr Merrill Mem said Utah has truly won wonderful undeveloped undeveloped undeveloped unde unde- resources but In fn lumber there Is little litHe to Tool look for In th the way of or her being beIng- able to supply tho the home demand There is a n little pine toward City on the thc Uintah reservation reservation reservation reserva reserva- tion and In inthe the southern part of or the state stale where lack of or railroad facilities facilities ties ti's makes es it impossible to bring It to marl market et The rhe lumber in the north north- ertl erli a and c central part of the stale state is no nomore nomore nomore more than will be required by the local demand in fn those districts In the thc next few years Thus Th u it seems that plat we see with th the rest of or th the lime country will wUl have to continue to look to the thc Pacific Pacific Pa Pa- coast for tOl our lumber supply suly We Vc Weare are now shipping lumber of ot all grades g to tp Richfield ManU Manta Mount Pleasant and other othel Utah titles cities that three years ago were apparently well wen supplied wH with wilh h timber limber from nearby narb points In building building- in Salt Lal Lake Pacific coast fir is coming into general favor for tor interior finish re replacing soft pine pineto to some ROme extent nt The Tho fir has a reddish color and anu is IN particularly adapted to taking a 3 good stain finish Prices on this wood range about the same as ns pine used for or similar purposes being 35 to GO a thousand thou anI feet feel accordIng accord accord- according Ing Ins to quality The best besl grades of or pine command a n premium over fir however and there arc are many who re refuse refuse refuse re- re fuse to accept any substitute for fOI pine The Tho higher grades of or lumber used for Interior finish in Salt Lake LaliC condo como from fromn the w v ille l e pine belt velt ol or eastern castern Oregon Oreg eastern Washington and northern California Many of the hard hardwoods wood used in this market come cone from Crom the thC middle western states and on the liner liner lin nn- er grades of or oak flooring freight charges make malc up UIl about one-half one of the cost tO tC the mho consumer Cement lIt in III Grail Demand Cement which is Js coming into larger larg larg- for all al er 01 use it as aK S a building material classes of structures in tho the lust low few years is 8 soiling selling in a strong market and manufacturers are so ISO tar flu behind their orders that some some are arc sold up to their theil full tull capacity until January 1 The he demand for fOl window glass paints and oils and amI other othel finishing products Is la such as to indicate that tha in lii the 1906 will be a banger year building of r homes in Salt Sall Lake I |