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Star (Christchurch), Issue 12711, 5 August 1919, Page 4

Prices will rule high in Great Britain for timber and timber products. It is estimated that well over 1,000,000 new homes will be required, and the trade papers are full of the records of high prices beim; paid for standing and sawn timber. Plywoods and veneers are largely coming into use as against the more wastefm method of sawing timber into boards, arid this has resulted in much higher prices being realised. A cable recently received ■hy Messrs Howes and Co., states the “Otago Daily Times,” quotes alder three-ply at 45s per 100 f- Before the war this line was to be bought in Dunedin at 13s 6d, while similar lines now ori the market are selling locally at 27s 6d. A striking instance of the increased f alue of timber when made into veneers is reported- An -English walnut tree, grown in Nuneham Park, was sold for £2OO. The log eventually found its way to America after changing hands several times. Its American purchasers cut it up into 60,000 ft of veneers, which were sold for £ISOO.