. Canadian forest industries 1902-1904. Lumbering; Forests and forestry; Forest products; Wood-pulp industry; Wood-using industries. October 26, 1904 Canada Lumberman Weekly Edition in. NEW BRUNSWICK LETTER. (Correspondenceof Ihe Canada Lumberman.) St. John, N. R, Oct. iqth, 1904.—The lumber market is slowly but surely recov- ering from the effects of the depression which existed in so marked a degree earlier in the season. While the results of the improvement have scarcely begun to be felt in the volume of shipments, the prospects are that the estimates ot the stocks of manufactured lumber to
. Canadian forest industries 1902-1904. Lumbering; Forests and forestry; Forest products; Wood-pulp industry; Wood-using industries. October 26, 1904 Canada Lumberman Weekly Edition in. NEW BRUNSWICK LETTER. (Correspondenceof Ihe Canada Lumberman.) St. John, N. R, Oct. iqth, 1904.—The lumber market is slowly but surely recov- ering from the effects of the depression which existed in so marked a degree earlier in the season. While the results of the improvement have scarcely begun to be felt in the volume of shipments, the prospects are that the estimates ot the stocks of manufactured lumber to he win- tered at this port will no* have to be materially reduced. An air of optimism is plainly apparent in all those who have lumber ot any kind to sell, and that this cheerfulness is justi- fied is indicated by a change in the de- meanor of buyers in the United Kingdom and their representatives on this side of the water ; enquiries are plentiful and in- stead of the indifferent attitude of a few months ago, the brokers now show a readiness to do business. This is so especially in regard to the American markets. Contrary to all expectations, the trade in the Eastern Slates in all lines is very brisk, has improved materially dur- ing Ihe last month and is still improving. Thist>eing a Presidential election year, a quietness was confidently expected, but this expectation, in spite ot all precedents, has proven unlounded. The probabi'ities of Ihe market for lath as mentioned in last letter have been fully borne out. Lath are now selling in New York at $.1 50 per M. as against $ two months ago. This would mean $ at St. John for the American product and $ for the Provincial. The demand during the last month has been exception- ally heavy and the receipts were far short of supplying it. The market for boards in United States has not shown any improvement, but is at least holding its own, and the demand for spruce scantling is only moderately brisk. The demand for
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