AMERICAN TIMBER COMBINE
AUSTRALIAN MERCHANTS' .. ' PROBLEM. For many years timber millers of thd west coast of America lave made ef-* forts to form an organisation controlling Oregon, and this has been, achieved recently. Latest advices state that tba combination includes 94 per cent, ofi those engaged in the industry. Fears of a substantial increase in the) price to importing countries have now been realised, advances being as much as 6 dollars 50 cents (£1 7s. Id.) off the f.o.b. price. While immediately prior to the initiation of the combine from 8 dollars SO cents (£1 15s. Id.) t<* 9 dollars 50 cents (£1 19s. 3d.) f.o.bwas asked, July-October shipments are! now quoted at 12 dollars (£2 10s.), with 50 cents (or 2s. Id.) more ,fof October-December shipments, and in; ' some cases 15 dollars (£3 2s. 6d.) id wanted. Sydney merchants carry fait! etocks, and" with cargoes afloat sufficient Oregon will be available for Bora* time to come, especially in existing quiet building conditions.
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Dominion, Volume 10, Issue 2995, 5 February 1917, Page 5
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163AMERICAN TIMBER COMBINE Dominion, Volume 10, Issue 2995, 5 February 1917, Page 5
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