HUNTER WOODWORKS, Inc.

needs 4,OOO,O0O board feet of Economy

Douglas Fir

S-4-S Green 2x4xRlt qnd 2x6xRlt every month of lg7l, starting with January.

Quote on all or any part, Truck and Trailer, our plant, Carson, California

Flat Car Load, Elftman, California, S/P Delivery or Ast Berth 126, Wilmingtoh, California

E]H]il ETS

Money market deuelopnents continued to brighten the outlook for the near term and clornin'ate industry develoliments the nation's major ltanks again cut the prime (lowest) lending rate, this time to 53/a/o, following the Federal Reserue's cut of 1/+ of I/o in the discount rate chargecl the banks

FHA ancl VA backed lutnr tllortgage interest retes wero clroplred tct T/o frcm 71/2o/r, . . big Western Sct'/,'s lowerecl lhcir rate on conr,enlional loans to 7.23%, lron 77/"/c . . . the l'crlerol Itome l,oan BanA: IJoord also crlerrtled the geogralrhical limits for lending by the S&L's, rrlri,'Jr tlr,,ulcl enharr,'t' r.omlrelitiorr lirl lorns .

Th,e t.llA curs u'ere hailed by lhc honre buildels assrr.: ''shoulrl arll irnolher 75,000-80,{)00 urrits tltis vear, perhaps evcn molc" . HI;D Seo'etary Oeorge Romncy' said ir "will help bring a rrurnber of mitldle in.c:ome lumilic.s back irr'to the housing markt:t"

The strortgt:sl rnurket dernqrul t'or lumlx,r in trvo years has been spurring lrimber price-* higher., rnuch of the increase has been caused by the changeover lo the ne'w lu,mlx:r stunclards . pl.yrvu.,,l uls,, lrrrs nole<l ler.enl lrlice inr:r'rascs observers inclicate culrent total housing start figures mirl lrirve to be reaised u,ptt,ord from the present 1.4-1.5 million figurt,

Not unexpectedly hou,sing s/ort figurcs lell in, Jan. from Dec., rvhich hacl hit the highest pace in 20 years: the l(r.1/o clecline, thcr {irst -since last ,\ugu-"I, still beat last year's figures and optintisnr t'or the rest of '7 I remains strarlg . new permits issued slipped behind the previous month, but kepl alteal of lost yenr

Initial /indings fronr study tetrms probing the damage o{ Los .lnceles' earthquoke indicate lumber anrl plyrvoocl construction acquitted itself rvell residential construction cocles will undoubtedly be upgraded to lessen rlamage in future temblors

In a strt.rngly rvorded resolutit.rtr, the National W ooduorlt Mt'grs. Assn. has oltposed any change in shoyr lumber sizes, it says conversion could cost its rnembers m.lre than 850(),000 . Dec. on the Dodge Index ended the vear on a strong n61q, .iusl l%, sl'ty of '(r9 . ,

'l'he Ou,stotn Plyu,txxl ttLll(lra,rr,ls I)ass,Ore." ownctl by Southlvest Forest Inrlustrieso was rlesiroyetl bv 6re, Feb. 14, losses int'luclt' tlrc entire structure. 100 citlloatls of' veneer arrd plyrvoorl . u ltl0 rnillion szril has been lilt:tl by 'fahot, Sierla lJevelolrrrrerrt clrrrlging lloi.se Cast:ttde anrl I rrt erlske Stcr,1 with "in,tentional tlt't:e1rtion" in corrnection with lloise Cascatle's r/eaelopment of ItrlteTaltLtt:...

The tlnion I)acifi' Rtrilrootl's '7'l capilal t'r1rt'ntlitures for roarlrvay & equigrrrient will be $.l21 milliorr, ar:corrling to John C. Nenefit k, lrt'arl ,rf lheil trirrrslror'tation dir,'. . . J. \{r. Fisher has been t:lr:ctr:d new presiden, of the Sierla-(lascacle Logging Confert'nce, l')tl Norby is lst vp; Robert Tenst,rr, 2nd vp; ueriul logging ihemt'tl tlre meet ln announcirug un increase in '7I lumber ancl plywood producliorr lo cope rvith expected in(:reeses in hornr: building, Ceorge Weyerhaeuser pointed out that timber growth currently exceeds horaestby 12/o; the company ex1-rects 1o up lumber production by ll/o, liywood by 12/o, particleboard a,n,tl hardboard vr-,lume by 4o%,...

E'utrrts Producrs endecl up paying about $"1.6 million for tht: irssets of the bldg div. of Roberts Consolidated, which last year did about $3 million BeI-Air Door Cir. has added 10,000 sq. ft. to their Alhambra, Ca1if.. plant to house their extensive fir door line...

IdeaL Rrusftes has signed to provitle the 24 Zodys discount stores in southern Calif. with paint sundries . . Fir & Pine l,unibt:r' has remodeletl their Burbarrk t,fllces H,tnr! t,man is awaiti,ng a final OK beforc building, a ncru 70,000 sq. t't. slore in l'alo,\ho...

K i m be r ly -C Larh, which 1 rroj ects ltrofit irnprol)ement this vcar, says it will slrenrl $85 million for cap. ital erpransiorr. $B million of wlri<;lr will go for Txtllutionabate- trtt'nl Boise Cascade had a ltlr period loss and reported '70 ertrnings dntppcd 52/o lrom re.lrrl,',1'(r9 figur',.- .

PcttLotch l' rtrcsls. 1nc. reportecl sales anrl earnings {or '70 uere lx'lou '69. as tlid Kniser Cernent ttnrl t)1 1tsunt . . . Southwesl Forr:st, Industrics salcs were up, but 1rrofif tlrrrvn . Ceorgia-Pacifir: sel new all-time sales anrl protluction recorcls in '70, br-rt the lrickup in housing starts lvas too late lo bring net income up to tbe retcsrrt set, the preuiaus yeer .

IJoise Cast:ode has rrurchased l)opr,& Talbot's St. H.,iens, Ore., sawrnili, purchase price not discltrsed Pc4te & Talhothas be. r{un a major borrowing program nitlr IJ of A to retluce short term bank loans and bee{ up their Oakridge and Canadian opera- tions the cnrrent boxcor .shortage can have serious uptt,artl impact on lumber prices if not quickly solved, according to the lrwP{.