and better prices followed by a slower but still upward advance from 

 1951 to 1961. The number 4 common prices rose moderately to 1951 

 and then leveled off. The second exception is in 1958 when a slight 

 up\vard trend in curve D occurred, and which strengthened slightly in 

 1960. 



Figure 7 shows the wholesale price of 1 x 6 boards when adjusted to 

 average log quality available in New Hampshire. The wholesale price 



Fig. 7. Wholesale Prices of White Pine Lumber (1x6), 



Adjusted to Quality of Stumpage, Compared to Prices of (1x6) 



Common Lumber, 1946-1961 



200 



150 



100 







50 



B. Number 142 common 



C. Number 3 common 



D. Number k common 



X, Price adjusted to quality of stumpage 



T" 



19^*7 



1 — 



19^9 



"T" 



1 — 



1951 



"T 



1 — 



1953 



T" 



1955 



1957 



1959 



T 1 



1961 



Fig. 8. Wholesale Price of Wliite Pine Lumber (1x12), 

 Adjusted to Quality of Stumpage, Compared to Price of (1x12) 

 Common Lumber, 1946-1961 



200 



;:; 150 



100 



U 



s. 



50 _ 



^ B 



B. Number ISZ common 



C» Humbar 3 common 



D. Number ** cannon 



X. Price adjusted to quality of stumpage 



19^7 



1 — 



19U9 



T" 



1 



1951 



T" 



1 



1953 



"T 



1955 



T \ 1 1 1 1 



1957 1959 1961 



23 



