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THE CALIFOR}.IIA LUM B E R M E RC HANT IackDiorne,

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How Lrumber Looks

Lumber shipments of 172 r-nills reporting to the National Lumber Trade Barometer were 12.4 per cent above production for the week ended December D, 1951. In the same week new orders of these mills were 40.4 per cent above production. Unfilled orders of the reporting mills anounted to 43 per cent of stocks. For the reporting softwood mills, unfilled orders were equivalent to 23 days' production at the current rate, and gross stocks were equivalent to 48 days'production.

For the year-to-date, shipments of reporting identical mills were 0.5 per cent below production; orders rvere 3.8 per cent below production.

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