8U 



lOUKNAL OF I'OKKS'nn' 



the fluctuations in England, not to speak of the belligerents and neutrals 

 in Europe. In Canada also the price line was higher than in the United 

 States, except for the first few months of American participation in 

 the war. Australian prices stood higher than ours in 1914-16, but 

 lower in 1917-18. Japanese prices, on the contrary, lagged behind 

 American prices until July, 1918, when they seem to have taken the 

 lead. Of the 14 countries studied there are only 2 in which the level 

 of prices was all the time less than in the United States — India, for 

 which the quotations end with 19 17, and Argentina, with which the 

 comparison extends to August, 19 18." 



Of especial interest to foresters are the quotations for lumber and 

 other forest products. They unfortunately are too few in number and 

 are given for too few countries to give a very complete picture of what 

 happened to prices of this group of commodities. Moreover, of the 

 21 series of commodities only seven represent lumber and one shingles. 

 They do indicate, however, in a general way, the effect of the war on 

 these prices. The commodities for which comparative data are given 

 are: 



ENGLAND 



1. Lumber, Danzig and Memel, at 



London-Manchester. 



2. Logwood, Campeche, at London. 



3. Turpentine, American, at London. 



4. Wood pulp, chemical, soda, un- 



bleached, at London. 



5. Wood pulp, chemical, sulphite, 



bleached, at London and Man- 

 chester. 



6. Wood pulp, mechanical, 50 per cent 



moist, at London and Manchester. 



7. Acetone, at Manchester. 



8. Acetic acid, 60 per- cent, at Man- 



chester, 

 f). Acetate of lime, gray, 80 per cent, 



at Manchester. 

 ID. Shellac, T. N., orange, fair, at 



London. 

 II. Tnistic, Jamaica, at London. 



ITALY 



1. Pine, boards, at Naples. 



2. Pine, squared, at Naples. 



,1. Pine, pitch, boards, at Genoa. 

 4. Pine, pitch, beams, at Genoa. 



UNlTEn STATES 



1. Lumber, pine, at Boston. 



2. Logwood, sticks, at New York. 



3. Turpentine, at Savannah. 



4. Wood pulp, chemical, soda, at New 



York. 



5. Wood pulp, chemical, sulphite, 



l)lcached, at New York. 



6. Wood pulp, ground, at New York. 



7. Acetone, at New York. 



8. Acetic acid, 28 per cent, at New 



York. 



9. Acetate of lime. New York. 



10. Shellac, at New York. 



11. Fustic, sticks, at New York. 



UNITED STATES 



1. No. I common S-2-s. i x 10, at Ar- 



kansas. 



2. Timbers, S-i-s-i-E. 6 x 8.x 16. at 



Mississippi. 



3. No. I common, S-2-s, i x 10, at .Ar- 



kansas. 



4. Timbers, S-i-s-i-E. 6x8x16, at 



Mississippi. 



