Table 10. Wholesale Prices of White Pine Lumber by Size 

 and Grade per M b.f., 1946-1961 



* D select & better. 

 Source — Commercial Bulletin (Quotations) Boston, Mass. 



of 4/4, dried, surfaced, white pine lumber, f.o.b. mill. Two sizes were 

 used for representation because of price differences according to width. 

 The narrower 1x6 boards are more liable to price fluctuations than 

 the wider 1 x 12 boards. The prices given in the table are yearly aver- 

 age prices for each size and grade. The center points of the ranges 

 given in the first issue for each quarter of The Commercial Bulletin 

 under "Quotations" were averaged to obtain ihe yearly price. This 

 was done for the years 1946 through 1961. These average yearly prices 

 are based on quotations which focus the New England wholesale price 

 for white pine himber. The general price trend has shown an increase 

 up through the years. It can be noticed, however, that the greatest change 

 comes in the higher grades. 



Wholesale Price Indexes for White Pine Lumber 



The wholesale price indexes for white pine lumber are shown in Table 

 11. They were derived from Table 10 by equating the base years 1947- 

 1949 to 100 for each grade in the two sizes and calculating the relative 

 change in price from this base. They serve to amplify the changes in 

 price indicated in Table 10. A significant overall rise in prices is noted 

 and the higher the grade in either size class the higher the rise in price 

 from 1946 to 1961. It is noticeable that in the early years, namely 1946- 

 1948, all grades increased in price at relatively the same rate. The period 

 1948-1951 saw a continued rise but an irregular rate. From 1951 on a 

 general leveling trend can be observed. 



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