THE PRICE OF TIMBER.

West Coast Times, 24 June 1912, Page 4

THE PRICE OF TIMBER.

I:\TRKASKsJX DI'XKBIN. Ipeb rnEss association.—corm-cuT,' DUNEDIN, .1 in!.*- lD>. Tho ]>iicr> (.f Imilding timber lias hl'en i lie: t-:> :-r-; I. lied pine has boon raised iiik- shilling* per 10!) feel ami v.liiia pine uiisiil Is (id. Tho upward movement with' regard to rod pine began in Southland, duo, it is said, to tho increased dilricuhiy of procuring that fort of timber. Oddly enough a taricry of causes appear to have influenced the sellers of other building timbers, at the s-uno time, to advance their prices. Kauri and hardwood have also lioen increased to a similar extent. It is said that there v.'.-.s no concerted action. The general rise is niorelv a coin advance.