. Canadian forest industries 1902-1904. Lumbering; Forests and forestry; Forest products; Wood-pulp industry; Wood-using industries. August 26, 1903 Canada Lumberman Weekly Edition hi. BRITISH COLUMBIA LETTER. (Specia' Correspondence of the Canada Lumberman.) The lumber industry in all parts of Brit- ish Columbia is in a fairly prosperous con- dition. For the past few months large shipments have been made by land and sea, and orders continue to come in, nec- essitating some of the mills running over- time to fill rush orders. Trade in Mani- toba and the Territories is very satisfac- tory and w
. Canadian forest industries 1902-1904. Lumbering; Forests and forestry; Forest products; Wood-pulp industry; Wood-using industries. August 26, 1903 Canada Lumberman Weekly Edition hi. BRITISH COLUMBIA LETTER. (Specia' Correspondence of the Canada Lumberman.) The lumber industry in all parts of Brit- ish Columbia is in a fairly prosperous con- dition. For the past few months large shipments have been made by land and sea, and orders continue to come in, nec- essitating some of the mills running over- time to fill rush orders. Trade in Mani- toba and the Territories is very satisfac- tory and will likely continue so. Reports of lumber agents in those parts slate thai although the crops in Manitoba are not equal to those of last year by at least fifteen per cent.; the condition ol buyers financially is satisfactory and the price of grain is higher than last year, which will more than compensate for the shortage. Prices for foreign shipments remain firm and the demand fair. In the shingle industry, there has been an over-production, and the mills, with the exception of two or three of the smaller ones, have signed an agreement to shut down for thirty days to relieve the situa- tion. Many of the mills have been running two shitts for some time and the market has been temporarily overstocked. It is not the intention of the Manufacturers' Association to make any cut in price, and eastern buyers who have been endeavor- ing to "bear'' the market are not likely to accomplish their object, unless something unforeseen occurs. The manufacturers almost to a man are resolved on keeping the prices firm, and there is little fear of the price of shingles being lowered below a fair profit-making basis. The logging business has been over- done. "Hot air'' newspaper accounts of the enormous profits that were to be made in the business, induced inexperienced men in the business to invest, with the conse- quence that there were about one-third more logs going into the water tha
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