10 



FOREST PRODUCTS 



price level has been steadily held to comparatively low heights until 

 the outbreak of the recent war. 



The over-production of lumber was particularly true in the case of 

 southern yellow pine and Douglas fir, and the prices obtained for them 

 in the various years reflect the situation very forcibly. 



The following table shows the average values of the different kinds of 

 lumber cut in this country. The prices are given on the basis of per 

 thousand bd. ft., values specified for the years from 1899 to 1917, 

 as published by the U. S. Dept. of Agriculture, Forest Service Bulletin 

 No. 768, page 38. 



AVERAGE VALUE OF LUMBER PER THOUSAND FEET, BOARD MEASURE, BY 

 KINDS OF WOOD, FOR SPECIFIED YEARS, 1899-1917 



1 Data not obtained. 



