October 10, 1921 



HARDWOOD RECORD 



25 



Lumber Prices at Sawmills 

 Down to Rock Bottom 



AFTER a steady decline from the high level of the 

 . post-war period, lumber at the sawmills has reached 

 rock bottom. Many items, in fact, are now selling at the 

 sawmills for less than the cost of production. 



Today the prices at which lumber is being sold at the 

 sawmills by the lumber manufacturers average less than 

 one-half of the prices a year ago. Some items are lower 

 in price than before the war. 



How Lumber Prices at the 

 Sawmills Have Dropped 



T 



HE manufacturers' pnce at the 

 sawmills for ordinary building 



lumber is only 40% of what it was 



eighteen months ago. 



Flooring has dropped over 60%, 

 heavy timbers for bridges and fac- 

 tories 50%, fence boards 60%. 



Only a small proportion of the 

 output of American sawmills — large- 

 ly special items — is now yielding 

 any profit to the sawmill man. 



Overproduction Everywhere 

 —Keen Competition 



LUMBER was the last commodity 

 J to go up in price and the first 

 to come dow^n. 



There are 30,000 sawmills trying 

 to sell their product to a market 

 which now could be supplied easily 

 by 20,000. 



Lumber is the cheapest as well 

 as the most satisfactory material for 



home building. 



Build of Wood — and Build Now 



National Lumber Manufacturers 



Association 



Harris Trust Building 

 Chicago 



