National Lumberman Volume 59

National Lumberman Volume 59

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1917 edition. Excerpt: ...diminution of supply and increase of demand, together with some fairly obvious improvemerits in selling methods and a little legal encouragement in organization, will combine to make the future brighter than the present without much radical housecleaning. Mr. Greeley and his subordinates have spe it much of the past two years in-collecing the figures 'hih the D3$$imi%ts assumed but could not prod;centse_ They indicate a very serious condi.ion; not hopeless' but certainly calling for more than superficial treat. ment. First of all, Mr. Greeley shows a productive cap: .ic'.ty of existing mills very much greater than the absorbing capacity of the e.istir.g' market and presumably greater than that which the most successful market extension can be hoped to obtain. Here, in the beginning, is n, influence toward 0erproduction most difficult to restrain. He further indicates an over-investment in standing timber, especially in the West, which is to a large extent badly financed and even if it were not would still be so burdensome as to tlircaten litiuidntlon by new mill installation regardless of lumber demand. In short, he implies that with the best conditions that can be hoped, private capital is carrying n stumpage supply so far in excess of the early necds of the industry that, far from offering speculative opportunity, it ' tends toward perpetual overproduction and consequent under-pricing. Supporting this view by u'Q3 on interest, tax and other carrying clizirgeg, he' also shows the tendency of transportation increase and olner incidents of continual distancing between supply and consumer to force up the retail price of lumber without corresponding benefit to the producer. A(_ltll."g the c3mshow more

Product details

  • Paperback | 322 pages
  • 189 x 246 x 17mm | 576g
  • United States
  • English
  • black & white illustrations
  • 1236946901
  • 9781236946904