. Canadian forest industries 1897-1899. Lumbering; Forests and forestry; Forest products; Wood-pulp industry; Wood-using industries. II. Canada Lumberman Weekly Edition. May 31, 1899 some stocks from Shediac have sold at £6 8s gd , and others in proportion. A point on which merchants are not unanimous is the course which spruce prices are likely to take later in the season. There aie a few who believe that values will not go beyond their present basis, but those most closely in touch with the trade believe that the highest point has not yet been reached. The demand is so good at present
. Canadian forest industries 1897-1899. Lumbering; Forests and forestry; Forest products; Wood-pulp industry; Wood-using industries. II. Canada Lumberman Weekly Edition. May 31, 1899 some stocks from Shediac have sold at £6 8s gd , and others in proportion. A point on which merchants are not unanimous is the course which spruce prices are likely to take later in the season. There aie a few who believe that values will not go beyond their present basis, but those most closely in touch with the trade believe that the highest point has not yet been reached. The demand is so good at present that all the first imports will go direct into con- sumption. There is no material change in the pine market, while hardwoods are inclined to strengthen. The German market is in good condi- tion, but buyers in France are exhibiting much caution. A number of vessels have been chartered to load at maritime pro- vince ports for Cuba and other West India Islands, where trade is steadily reviving. STOCKS AND PRICES. Sprague's saw mill at Winnipeg re- sumed operations last week, the first drive of logs having arrived. The barque Cedar Croft cleared from St. John, N. B., last week for Rosario, with 955,914 feet of dry lumber, shipped by A. Cushing & Co. The A-siniboine Lumber Company, of Brandon, Manitoba, are reported to have sold their mill, lumber in stock, and logs cut last winter, to John Hanbury, of that place. The Department of Interior at Ottawa invites tenders up to June 26th for a license to cut timber in British Columbia on berths containing an area of 60 square miles. It is reported that J. & T. Conlon, of Little Current, Ont., have disposed of all the lumber now in their yard, and that their mill will resume operations at an early date. The logs cut on the St. Croix river, in New Brunswick, last winter, will contain about 13,000,000 feet. The owners are James Murchie & Sons. H. F. Eaton & Sons, Granville Chase and F. H. Todd & Son. Raft towing from th
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