Jasper County Democrat, Volume 23, Number 53, Rensselaer, Jasper County, 29 September 1920 — LUMBER PRICES ARE REDUCED, [ARTICLE]

LUMBER PRICES ARE REDUCED,

Drop of From 16 to 35 Per Cent' From February Quotations. Chicago, Sept. 27. —Reduction in lumber prices of 16 to 35 per cent from February quotations was an- j nounced Saturday by retail dealers ■ in Chicago, with an average wholesale reduction of 27 per cent throughout the country, according to statistics made public by L. R. Putnam, directing manager of the Wholesale Lumber association. The: greatest reduction is in hardwood, Mr. Putnam said, quotations being reduced 35 per cent under February prices.