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Russian Timber Trade

The new law,, which will . shortly come into force foW'thjj preservatioii of forests in Russia- has caused great activity for v k the time beinfr; ia |the timber tirade. , Extensive orders hit ve. (.been received ; from •: Germany- and England,, and the St. . Petersburg Gazette declares that the export in the coming season will attain colossal dimensions. , _ The : expected : export duty on wood, prepared and unprepared, has also : led to the Russian Merchants ■■ concluding, as many, contracts as possible . with foreign firms. The import duty on timber entering Germany was raised; in; June, 1885, but instead of irij uring Russia, : the extra cost fell, according to the Gazette, on the German. consumers. The exchange at Meuael is the financial regulator of the timber trade, and the mode of transauting business between the Hussians and Ghermaus is as follows: — The cdhvoya of '; wood sent by ■ way of the Niemen etop, at Schmalleningken, the frontier town of Prussia. The agents of the merchants at Memel proceed there and deposit in the Custom House caution money equivalent to the amount of the' fequirei import duty. The Russians lose nothing, not even charges for keeping their timber on the spot, as no period is fixed for the use of the depots.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18880426.2.22

Bibliographic details

Feilding Star, Volume IX, Issue 114, 26 April 1888, Page 3

Word Count
209

Russian Timber Trade Feilding Star, Volume IX, Issue 114, 26 April 1888, Page 3

Russian Timber Trade Feilding Star, Volume IX, Issue 114, 26 April 1888, Page 3

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