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Starting October first: lumber futures.
Whether you're a buyer or a seller of lurnber-reoarrl less of snecies or size--this new f utures Contract can be a valuable business tool lf you buy, f utures trading can help you avoid drastic price increases. lf you sell , it can help you avoid drastic decreases.
FLrtures trading has provided the agricultural industry with valuable price protection for over a century. For the f irst time, it is being applied to lumber.
Our contract specif ies one type of lumber". But research has demonstrated conclusively that lumber prices move together. There rs a near-perf ect correlation between kiln dried. green. Douglas ancl white firs; between 2x4s and other dimensions; and between one species and another.
We urge you to study it thoroughly. Just send us the coupon for more information.
't'.16,000 boartl leet o'f randonr lettgtlt 2.t4 kiln drietl wltite ftr, F.().8. ntill , Portlatrd busi.s. L)ottrttti,ssitttt: 9-J6 a rorrnd trtn.
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I Uentlemen. I
Dept. H
This is a brand new opportunity f or your city state zip lfl CHICAGO MERCA}ITII"E EXCHA]IGE :::I.!:; 'l1O North Franklin Street, Chicago, lllinois 6O606 _J
You can apply this contract to your lumber regardless of what they may be.