We grow what we sell.

We've always considered our forests to be a precious natural resource, which we respect and irnuru.u. Few people realize that most of the old redwoods are preserved in our state and national parks, and almost half of these trees have come from the Pacific Lumber forests through the Save The Redwoods League.

When we harvest the trees we grow in our private forests, we always follow the strict rules of the California Forest Practices Act. And we always will, because the rules are there in everyone's best interest. We grow all the trees, that we cut for lumber, in our own forests.

Although the stump of a harvested redwood tree grows back as another \ree, we annually plant over 750,000 redwood seedlings to insure a perpetually green and growing forest.

The forest is a natural resource that everyone must use wisely so that it can continue to benefit our country for geneiations to come' If you would like more information on forest conservation or would like to visit a Pacific Lumber mill, please write the Forest Manager at the address below.

Duckback Expands Business

Construction for a 100,000 square foot, $3.2 million manufacturing and distribution facility for Duckback Products Company, Inc., Chico, Ca., is near completion.

Duckback manufactures and markets a line of high performance exterior stains originally developed for the portable spa market and sold to original equipment manufacturers in 55 gallon drums. (Stain is a small but highly visible part of a portable spa, less than $5 on an item retailine for $3,000 to $6,000.) Duckback .ridits product performance and service for their 800/o share of this quality oriented market.

Duckback stains are distributed nationally to pool and spa retailers as well as selected paint stores and lumber yards. Duckback is now establishing a national network of quality lumber distributors. gecently appointed distributors include Capital Lumber, Denver, Co.; Wiegan Lumber, Washington D.C.; Ukiah Redwood Sales, Hi.; Selectwood, N.H., and Hudson Building Supply, Pa.

Duckback sales doubled last year and are expected to repeat that per- formance this year. Duckback attributes this explosive sales growth to increasing consumer demand for quality products. "Our goal is to increase market share by providing the finest quality products and service at competitive prices. We do what we say we're going to do," Fred Dannenfelser, v.p., sales and marketing, said.

Housing Starts Down 60lo

Six percent fewer homes were started in the third quarter of 1989 than in the same year-ago period.

"Housing starts have been running a steady 6 to 7o/o below last year's output since early in 1989, and the latest quarter brought no sign of an expected improvement," George A. Christie, chief economist for F.W. Dodge, pointed out. ',But it's only a matter of time before the recent decline of mortgage rates stimulates a higher volume of building."

In the third quarter of 1989, national housing starts totaled 364,369 units, compared with 387,758 units started in the third quarter of last year. Although only

The Merchant Magazine three markets in the top l0 posted gains, these increases (Portland. Or.. up 98%; Las Vegas, Nv., up 50%, and Baltimore, Md., up 420/o) were significant.

With 10,504 houses started. Los Angeles/Long Beach was the top housing market in the third quarter, although total starts represent an 80/o decline fromthe same year ago period. Riverside/San Bernardino placed second with 9.795 units. down 34%.

The rest of the top l0 housing areas in the third quarter: Washington, D.C., 9,236 units, down 350/o: Atlanta, 8,892 units, down l8%: Las Vegas, 8,1 l2 units, up 50%; Chicago, 6,833 units, down 5o/0.. Portland,5,735 units,up 980/ol; Detroit, 5,529 units, down 260lo; Philadelphia, 5,238 units. down 26%; Baltimore, 5,195 units, up 420/0.

R&R Spending Keeps Climbing

Residential repair and remodeling expenditures are expected to rise to $133 billion in l99l and $168 billion by 1995, according to Resource Information Systems, Inc.