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D&R supplies dimension lumber, precision-trimmed studs, cedar siding, shakes, shingles, moldings and many other specialty lumber items throughoutthe West by the most eff icient transport . . . rail, truck or ocean barge.

For nearly 70 years Dant & Russell has marketed forest products f rom the Pacif ic Northwest manufactured for the western construction market.

ln Southern California, call our representative, A. W. "Art" Neth at 872-1280 or 783-0544

DANT 8 RUSSELL,INC.

2000 S.W. Fifth Ave. Portland, Oregon 97201 226-2311

Nearly 70 Years Marketing Pacific Coast Forest Products

Lumber Demand Worldwide

"Current projections indicate a growing demand among developed countries for wood and wood productswith forecasts pointing to a 457o increase in global demand for forestry products between 1968 and 1980," a Security Pacific Bank economist told the Lumber Association ofSouthern California at their recent quarterly board of directors and general membership meeting.

Jay told his audience present projections indicate that production will keep pace with the growing worldwide demand. He added, however, that the world's rapid growth in literacy would spur unusual demand for paper products and that this particular commodity would face demand and price pressures.

Summarizing the economic outlook for next year, Jay stated: "Although prospects of an actual recession developing in 1974 appear somewhat remote at present, inflationary pressures will persist. Assuming that our national economy merely slows from its recent, unsustainable rate, we may anticipate a more stable and reliable economic scenario in 1974one devoid of the unexpected, unsettling and somewhat uncontrolled peaks and valley experienced in recent months."