OCR Text |
Show FALL IN OREGON LUMBER PINCHES SHANGHAI MEN SHANGHAI r SO Not a few Chinese ami several foreign lumber I dealers her.- were pinched Bn heavy .-lump of lumber prices in September. H ; In the latter puxt nf August the price of Oregon pine, which had been fairly firm at taels 75 per thousand feet H i fell off to taels 65 ami three weeks later the price had gone to taels 46i Improved exchance i-ond itions, low- H or freight rate. and heavy stocks in H 1 Shanghai were given as causes for tho P slump Stocks on hand in the Shane hai yards In the middle of September I amounted roughlv to SO. 000.000 feet. oo |