34 



HARDWOOD RECORD 



Inn.' 10. I'M.-. 



SJO 



^30. 



CON[PRRf\TIVE H/^RDWDOD PR1CE5 NO^.^idBr. FOB MILL 



QUERY TO THE INDIVIDUAL HARDWOOD PRODUCER 



Considering : That tlie advance in prices of liardwood products, from 

 year to .vear, wliicli is at least siiflicient to cover tlic carrying expense of 

 the stumpage, including taxes, supervision and a reasonable rate of Interest 



That over-production unduly weakens the market and Imposes a further 

 loss in carrying unsold stocks 



The limited stands of the various American hardwoods and the present 

 low price as compared with imported woods 



The licnefit to the trade generally of a steady market 



Woci.D It Xot Be to the Profit of Each IxniviDiAi, I'rodccer of 

 Hardwood : To determine accurately his cost of production, adding thereto 

 :i reasonable Interest on his investment, and a reasonable margin of profit 



commensurate to llie risks Involved — and thus to determine a reasonable 

 selling price for his product 



To sell his product only when he can get this reasonable profit 



To determine the amount of his season's cut by the amount he can so 

 market 



To do all this wiUiout reference to or agreement with his competitors — 

 for the reasonable conservation of his stumpage and the reasonable profit 

 of his manufacturing operation? 



Comments will be welcomed by Hardwood Record, Chicago, and pub- 

 lished. 



