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Government Timber Sales Bring Record Prices For Fir and Yellow Pine

Within the last sixty days sales of Government timber from National forests have brought prices never before reached or even thought of.

About nine million feet of timber was sold by the Forest Service'from the Ouachita National Forest in Arkansas during December and January that brought an average of $5L a thousand feet. Of this total, one block of 2,400,W0 feet sold for $57.87 per thousand. This block was advertised for sale at an estimated value of $25.50 per thousand. This was the highest price ever paid for Yellow Pine timber in history.

Sin,ce the first of January the Forest Service sold Fir timber in Oregon for the highest price ever paid for that species. The sale consisted of about 7,000,000 feet of Douglas Fir from the Willamette National Forest, for which they got $25.05 per thousand. The second high bid was just five cents a thousand less,showing the keen competition that existed. The Previous high price of Fir timber was established several months back in Portland, when the Forest Service sold some Clackamas County timber for $24.s2.

Proof that these prices were created by the competition of the bidders is established by the fact that the timber that brought $25.05 was appraised by the Government at $10.70 per thousand, and that which sold for $24.52 rvas appraised at $7.85.