If s Your lnventory

Ceorgia-Pacific plans to rebuild a recently burned out pl,vrvooci ;rlant in Virginia despite FederaL Trnrle Cornm.ission urgings that C-P sell the plant and seven others in the South as part of a monopoly charge settlement; C-P feels its moves "in founding and builtlinc the Southern pine plywood industry have been legnl andpropcr" . ..

Amcricaru Forest Products has broken ground for its new Martell, Calif., purticleboard plant, it's schcduled to be on-stream by mid:72 total attenciance figure at the Mountain Stctes Lumber Deuk:rs,,{.s.sru'.s. arrnual shon' in Denver rvas 30,845

San Diego Woorl Products ,4ssrr. i-. the ne'6- name for the old San Diego Lumbermen's A,.sn. . the Fine Hardwoods Assn. ancl the American \Valnut N{fgrs. A-*sn. have merged to become the Finr: Harrlu'oods-,lmerican Walnut Assn.

The K"y Center, fi250,00Ct shoppirzg compLex near Tacoma, \Vash., erpects the lumber ancl building materials portion to be olren by mid-summer Consolidated Lu,mber Co., has becn nervlv registererl in Eugene, Ore., for business by A. R. and John R. Brook-*, John J. f)eN{arco ancl .Jam,'- h. S'orth

Sun Lumber Co., San Pedro, Calif., has completed neu offi.ce t'acilities at berth \26 . . BeiAir Dctor Co.. Alhambra, has added pine wood louvers and -shutters to their line recently in a $i15,000 fire; paint fumes apparently started tire blaze Ernest Harrluare &, Lumber, Aurora Village, Seattle, Lrst about $14,000 in merchandise in a recent fire thought to hrre h.t'rr sllrllld b;, lr r.igirrr:lte Ieft in some oill' ra€ls

Ace Buildin.s Supply. \'-ancouver, \Vash., lost a one-story bklg.

A 23% inr:rease in housing s/arls in '71 lras been prerl icted by the ltltl. Assn. of Home Builders, if true, it rvould put f,nal start figures at LB million Nlarch figures put the annually adjusted starts at 1,91B,000, up 11J% f rom the preuiou,s month.

A survey rn 100 metrl zrees by Owens-Corning forecasts 1.7 million starts this year, they see single famil,r up 14/c, apts. u]) I2/c, S.F'. Area builrlt'rs srrv this rvill be a "hotcake year," the Palo Alto Times quotes one builcler as doing more the I -qt 2 nios. o{ this year than he did in the fir-ct half of last year .

Portlond's ItrTestern. Forestry Center opens June 1, it will promo woocl products antl forestrl l)rograms W e.stern Pinc Lumbe:r Co. is in ne'rv offices irr Palm Slrrings ytttrticieboard industry norv has its own SI(i classification, SIC 2.192 .

XIost major 6anAs followecl the lead of Chase Nfanhattan in raising the prime letnding rate a 1/4. lroint to 5k7r. obsen'ers still fet'l the rnove's affect rin housing anc{ construction will he relatir;r:ly negLigible while lumber ancl lrlyrvood prices leaelled off rer:entLt. rlemanrl is still erpecteci to remain constant thru summer, at least

Tlrt^ t'ffecliv e mor! r:a qe i rt t rres! rate lor nelv homes has hit a new 2 year lorv, while construction costs chalked up the highest one yeur gain in 25 years, an average 7.9/c for the year ended \{arch 31 . home loans will be eosier to get this Spring than

Moteriols MERCHANT at any time since the mid-60s, but rates are unlikely to decline further, accortling to rhe U.S. Savings & Loan League's presiclent Lewis Eaton

One out of euerr 3 single Itomes built in '71 will be plumbed for drainage with ABS pipe, according to the ABS Institute . Georgia-Pacif.c wlli a*-ard another B0 college scholarships this June, program has been in effect since '54

Tlre second annual Make Portlantl Beautiful contest highlights tlrat city's Mot'-lIome Improuement, il[ontft activities sponsors are the Oregon Remodelers '\ssn. ancl the chamber of commerce, J&J Construction's Jerry Jones is r:hairman of the drive .

Reno's r.'olort'ul miLlionaire La\rere Redfield is still tangling with the City Council in a 2 t.eor old dislrute r,'garding a lumher. shed of his on the West side of town despite southern California's earthquake, worst in 4 clecacles, httsiness rcos up f racti onoll,y during February

Arizona posted a 45/o increase in the dollar value of construction contract awards for'70, cornlrared with 7/o nationally, houis thot t'or gr.unth! . . . Feb. lunrber lrroduction u:0s up 19% from the previous month and up 2.6 from the year earlier perioci.

The Union Pat:ifc RR will slrencl .$31 million for rail reIrlacen'rent ancl track maintenance this year, according to John C. Kenefick, chief executive officer . use ol f,berglass reint'orr:ed pnnels in commercial construction is erpected to rise l5/o in '71, sales rvill reach 15 million.

"Hardnoorl and D ecoratiae

Plyuood," a voluntary product stantlard, is being circulated for 1ros.ilrle industry ok