THE CALIFORNIA LUMBER MERCHANT
I. E. MARTIiI McncgingEditor
W. T. BTACK Advertising Mcrncger
M. ADAMS Circulctioa Mcncaer
February 15, 1940
THE CALIFOR}IIA LUMBERMERCHANT JackDionn e,pfilishu
Sca Frcrncigco PBospect 3810
Soulhern Representcdve
lncorporcted undsr lhe lswe oI Calilornic J. C. Dioue, Pres. cnd Treca.; J. E. Mcrtin, Vice.Pres.; W. T. Blqcl, Secrgtcry Publighed lhe lgt cued lSth ol ecch Eolth qt 318-19.20 Centrcl Buildiag, 108 Weet Sixtb Stroet, Los Augeles, Ccl., Telephoae Vtradike 4565 Eltered cs Second-clccs ndtter Sept€Ebat 2J, llE} at the Post Office ct Los Aageles, Cclilomia, under Act oI Mcrch 3, 1879
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LOS ANGFI Fs, CAL., FEBRUARY 15, 1940
How Lumber Looks Lurnber production during the week ended January 27,
1940, was 10 per cent less than in the previous week, ship-
ments were 6 per cent less, and new business 10 per cent less, according to reports to the National Lumber Manufacturers Association from regional associations covering the operations of representative hardwood and softwood mills. In the week ended January 27, 5n mills produced I77,252,0n feet of softwoods and hardwoods combined, shipped 188,574,000 feet, and booked orders lor N7,6/ffi feet. Revised figures for the preceding week, 518 mills reporting, were: production 196,233,M feet, shipments 20O,665,000 feet, and orders 2D586,0ffi f.eet. Lumber orders f,or the week ended Tanuary 27 bv 429 sof'twood mills totaled 197,183,000 feei, shipments were I79,014,0N feet, and production was 168,862,000 feet. Reports from 111 hardwood mills gave new business as 10,479,W feet, shipments 9,56O,000 feet, and production 8,390.@O feet.
Seattle, Wash., Feb. 12.-"In most markets West Coast lumber prices fell off during January," the West Coast Lumberman's Association said in its monthlv survev of the industry. The report said "the horizon of the West Coast lumber market darkened during January with the pressure of a continuing decline of general business throughout the country and the diminishing supply of shipping space for the industry's intercoastal trade. "The California market is yet drifting in the doldrums that ended its short rise in November. Exports have slipped approximately to the low level of 1938. The backwash from the tidal wave of lumber buying in September
WhOLE.'ALF
O0uCrLAl R|t../ITKA
Dt./TRLOuTor{J
has had a sustained bearish effect on the general market situation." The weekly average of West Coast lumber production in January (five weefs) was 123,553,000 board f.eet, or 62.-7 pei cent of the weekly average f.or 1926-29, the industry's years of highest capacity realization. Orders averaged 131,169,000 board feet; shipments, 120,155,000. Weekly averages for December were: production, 118,168,000 board felt; orders, 155,644,N0 and shipments 113,489,000. The industry's unfilled order file stood at 507,26IW board feet at the end of Januarl, Sross stocks at 953,000,000.
The Western Pine Association for the week ended February 3, 112 mills reporting, gave orders as 56,646,00O feet, shipments 57,087,000 feet, and production 4O,75O,000 feet. Orders on hand at the end of the week totaled 223,17I,W feet.
The Southern Pine Association for'the week ended February 3, 131 mills reporting, gave orders as 26,545,000 feet, shipments 25533,000 feet, and production 24,724,W feet. Orders on hand at the end of the week totaled 74,I7Op$ feet.
About 12 of. the largest coastwise lumber carriers have been diverted to Central America and Atlantic Coast runs, and, according to a prominent shipping man, there is every prospect of additional ships being diverted or sold. When this happens, he says, there will be a serious shortage of lumber space on the Pacific Coast, which will result in slowing up deliveries.
L* Angeles Harb,or for the Lumber cargo arriv"t, week ended February 1O"ttotaled I6,&2,NO feet as compared with 13,781,00O feet the previous week.
ANo R.E:MANUFaCTUTIFRJ
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