BONNINGTON LI]DIBBB OO.

?Otalaak Daafutqo TO CAI.IFORNIA RETAIT YARDS

Moin Ofrice:

Phone YUkon 6-5721

505-6-7 Morris Plon Bldg. 717 Morkel St., Son Froncisco 3

Ht1W LUMBEH Lt]tlKS

"Bubbling with confidence," reports Crow's Lumber Market News Service for the period ending January 16, "Oregon's green fir mills have enjoyed a 'frothy' market this week at rising prices. The strength has continued to come from California, as a result of the reduced freight rates which have enabled s'outhern Oregon mills to enjoy part of that big market." Buying from the Midwest and East has been irbout what would be expected at this season, following snow and cold in the nation's mid-section, continues Crow's Standard and Better grade green fir dimension for California was bringing the southern Oregon mills a tidy amount over what eastern buyers were willing to pay. Utility continued strong, also studs. Boards moverl up pricewise in the California market. The kiln-drying mills were also in a strong position. Low-grade 2x4 was active, and wider widths of Utility dimension began to move better. This segment was not as zippy as the green department because California does not buy as much kiln-dried lumber as green, Crow's said. Strength continued in No. 3 ponderosa pine boards. Plywood, both sanded and rough, was very firm in the period.

Posts and beams of California redr,r'ood used bv the Franciscan missionaries in the construction of Mission houses at San lose and San Francisco in 1776 are still sound.