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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: LLCF who wrote (26712)10/11/2000 10:34:14 AM
From: JHP  Read Replies (1) of 436258
 
david a report in todays ibd:" LUMBER prices at new lows amid a huge inventory glut.they`ve plunged 40% from the july1999 near record hihg of$480 per thousand board feet. lumber execs say those are lows not seen since the last recession. mills were too slow to cut output when housing starts cooled.And exports have drooped 18% y o y said kevin binaum, manager of economic services for the western wood products aassociation. he said ongoing output cuts have not been enough to offset the lower demand"
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