A short press release, accompanied by a photograph, summarising the initiative of T. Daszkiewicz, who founded a civic committee to build a monument in the Zhuravnia cemetery. The monument commemorates those killed in 1863 and 1919 (Source: "Wschód", Lviv 1937, no. 69, p. 18, after: Jagiellonian Digital Library).

A modernised reading of the text

Situation on the timber market in 1937.

We are indebted to the Lviv Timber Interest Syndicate for the following information on the situation on the timber market: According to the statistical data so far, it can already be stated that the world timber turnover remained quantitatively at the level of 1936. For Polish timber exports, however, the year 1937 turned out to be economically unfavourable, for the following reasons: The increased demand from abroad for Polish timber at the end of 1936 reassured Polish exporters in the belief that, with the upward trend in prices, there would be a period of prosperity that would last for a longer time.

This encouraged sawmill producers to pay high prices for raw material. Indeed, prices increased continuously until the end of March, with the highest level, e.g. of normal English sorts, showing an increase of about 60% over the prices of June-July 1936. However, when the ports of the Baltic States, Scandinavia and Soviet Russia became available for shipping again at the beginning of spring, huge masses of timber flowed into England from these countries, which, together with the stocks accumulated in the ports of Gdynia and Danzig, caused a slump in demand and, of course, had a downward effect on market prices.

The sudden slump in April this year, however, did not allow Polish exporters to reduce prices in the proportion that had occurred on the markets, and this was precisely because of the high cost of raw material and the cost of transport to ports, which had in the meantime suffered a twofold increase, totalling about 65% over the transport costs of the period before 15 September 1936. This, of course, made it easier for other countries to compete, such as Romania and Yugoslavia, as well as the Baltic countries, whose exports to England had increased severely, while those from Poland had fallen by about 8 per cent in the last ten months compared with the same period last year.

For the time being, the wood market is still in serious overdrive due to the almost complete lack of demand from abroad. Insofar as this is not yet evident in the percentage decline in exports, this is due to the fact that current shipments of timber abroad are mostly still being made on the basis of old sales contracts at better prices. How the situation will develop in 1938 will become clear in the first months of 1938.