Ouick Ouotes

A random sampling of ideas and opinions

"The short-range economic outlook is more encouraging than it has been for the past two or three years. Yet, while our markets look positive over the next few months, we are concerned about the potential effect of projected federal deficits on business later in 1984."

Richard B. Madden, chairman of the board and chief executive officer

Potlatch Corp.

San Francisco, Ca.

". because of a number of forces, interest rates could be on the rise as early as the first half of next year, bolstering the dollar in the currency markets."

Gary Schlossberg, senior domestic economist

Wells Fargo Bank

San Francisco, Ca.

"I believe that Waferwood will eventually replace much of the plywood now produced from public timber."

Harry A. Merlo, chairman & president

Louisiana-Pacific

Portland, Or.

"This recovery is rock solid. It isn't a bit fragile. It will continue through 1983 and through 1984."

Donald Straszheim, chief economist.

Wharton Econometric Forecasting Association

"What we need more than anything else is a gradual decline in interest rates-if for nothing else but to make sure that the economic recovery continues."

Michael Sumichrast, chief economist

National

Association of Horne Builders

"Going into the fourth quarter, business executives' confidence could not be higher. A Conference Board sampling of 1,500 chief executives across the country measured business confidence in the third quarter at virtually the same record level posted in the board's secondquarter survey."

James Cooper, associate Outlook editor

Business

Week

"All the economic and political factors are in place for lower interest rates next year."

Felix Beck, chairman

Margaretten & Co. Inc.

Perth Amboy, N.J.

"Wood tariffs are a trade friction issue because raw material enters your country free of duty while 12 to l5q0 tariffs are maintained on processed products-a major barrier for such basic commodities and a high rate compared to either U.S. duties for similar products or Japan's average rate for all products of 3.40/0,"

John R. Forrest, chairman

National

Forest Products Association

"Whatever the short-term swings may be, we continue to believe that the outlook for housing, and for wood products, over the next one to two years is positive."

Peter T. Pope, chairman and chief executive officer Pope & Talbot Portland, Or.

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