The market is fairly active, all things
considered, and indications point to an early revival of the usual run of
business. At nearly all the markets there is a better trade doing than a
year a go, and from present appearances there will not be much old limber
to sell when the new stock comes into market. Prices are firm and
steady. Regarding work in the woods the Minneapolis Lumberman has this to
say: “News from the Chippewa is to the effect that the roads are in a most
excellent condition. Nearly twenty inches of snow has fallen, and the
work is progressing as finely as could be wished. More logs have been
banked up to January 1 than there had been any year since the business
commenced, and the prospects for an exceedingly large cut are good. The
teams and crews are being doubled up. News from all parts of the pine
regions show an unusually favorable winter to the loggers, making it
almost certain that a very large crop will be secured for 1880. The
amount of logs which will be available, however, for sawing, will be less
than in 1879, because there is no 400,000 feet of old logs to be got out
of the Chippewa and Black rivers as during last season. The abundance of
snow makes log driving reasonably sure for next spring, besides the swamps
are all filled with water. Men and teams are being added to the force in
the woods as fast as they can be secured.
Shipments last week were 54 cars; week previous 72 cars.
The market shows
increasing activity, and is quite as lively as dealers care for. In fact
they are not pushing trade at all. Prices are steady and very firm, and
for some time to come are likely to remain as they are.
The mills are getting
ready as fast as possible to start up at an early day. The weather is
spring-like, and the sloughs are likely to be open very soon. All have
plenty of logs to commence work on.
Shipments last week were
145 cars; received, 28 cars; shipments the week previous 125 cars; same
week last year 44 cars, and in 1878, 136 cars.