SURE-f....,',:

For the three-month period just concluded, Fullau'ay said, sl.riprnents u.ere 5.1/o less than those for the same quarter in 1954, and production rvas otr 1.5/c. He attributed the declines to restricted mortgage credit, severe winter conditions in some areas ancl flood conditions in others.

"Predictions of an unusually cold rvinter for the country as a 'whole," Fullan'ay noted, "could also slot' construction during the first quarter."

Based on such factors and other available information, the lumberman said estimates shor,v Western Pine region shipment figures for the first tl.rree months of 1956 rvill prciltably be about 1,675,000,030 or 8% off the pace for the same quarter a year ago.

Each year 7,500,000 Sitka spruce fir seerllings are raised and planted in and a rnillion Douglas Wales, England.

Home Builders Insfoll

Ner,r' officers of the Home Builders Institutc rvere installed at the recent dinner meeting at the Beverly Hilton hotel, Los Angeles, and a delegation, headed by President R. Reese Myers, planned to leave or-r a special section of the Santa Fe Super Chief for the NAHR convention in Chicago January 22-26. \[c:st <if the new 49-man boarcl of directors also u'ent east for the shorv.