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Story
January 8, 1920
Indiana Daily Times
Indianapolis, Marion County, Indiana
What is this article about?
Lumber officials in Portland, Ore., on Jan. 8 predict unprecedented price increases for lumber during winter and spring due to massive demand from eastern industries for Douglas fir and other woods, ushering in a building era, contrary to post-war production drop expectations.
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Lumber Prices
Soar in Winter
PORTLAND, Ore., Jan. 8.—Lumber prices will soar to unprecedented levels during the winter and spring, according to lumber officials here. The president of one of the largest northwestern lumber concerns has just returned from a thirty-day tour of the lumber lands and makes the announcement that the demand for Douglas fir and other woods from this section by eastern building and manufacturing industries will reach an enormous volume during the next year. He adds that an era of building is to emphasize next year's business activities.
He says: "Predictions that there will be a drop in the price of lumber as a result of increased production following the war have proved erroneous."
Soar in Winter
PORTLAND, Ore., Jan. 8.—Lumber prices will soar to unprecedented levels during the winter and spring, according to lumber officials here. The president of one of the largest northwestern lumber concerns has just returned from a thirty-day tour of the lumber lands and makes the announcement that the demand for Douglas fir and other woods from this section by eastern building and manufacturing industries will reach an enormous volume during the next year. He adds that an era of building is to emphasize next year's business activities.
He says: "Predictions that there will be a drop in the price of lumber as a result of increased production following the war have proved erroneous."
What sub-type of article is it?
Economic News
Business Forecast
What keywords are associated?
Lumber Prices
Douglas Fir
Building Demand
Post War Economy
Northwestern Lumber
What entities or persons were involved?
President Of Northwestern Lumber Concern
Where did it happen?
Portland, Ore.; Northwestern Lumber Lands; Eastern Industries
Story Details
Key Persons
President Of Northwestern Lumber Concern
Location
Portland, Ore.; Northwestern Lumber Lands; Eastern Industries
Event Date
Jan. 8
Story Details
Lumber officials announce soaring prices due to high demand for Douglas fir from eastern building industries, predicting a building era next year, disproving post-war price drop predictions.