Lumber Trade of Cleveland. — The Cleveland Herald of August 10th, says : — " The aggregate amount of pine lumber received here the past season is about 48,000,000 feet, being some 12,000,000 feet less than the year
previous. This falling off in the receipts is mainly attributable to the anticipated benefits of the Reciprocity Treaty, which did not go into effect until
late last fall, and to the great pressure in the money market, causing a temporary suspension of improvements. This stringency in money matters has mostly passed by, and all manner of building materials are again in good
demand, and from present appearances there is a 'good time coming' for the lumber dealers of Cleveland. The prices of pine lumber are rapidly advancing, being from one to three dollars per thousand higher than in the
spring. The effect of the Reciprocity Treaty has not, as many supposed, reduced the price on lumber, but has resulted in raising the price on timber and timbered lands in Canada, in the same proportion as the tariff reduced the price of lumber.