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How Lumber Looks
Lum,ber shipments of 5D mills reporting to the National Lumber Trade Barometer were 0.7 per cent below production for the week ended January 23, 1954. In the same week new orders of these mills were 5.8 per cent above production. Unfilled orders of the reporting mills amounted to 33 per cent of stocks. For the reporting softwood mills unfilled orders tvere equivalent to 2l days'production at the current rate, and gross stocks were equivalent to 6l days' production.
For the year-to-date, shipments of reporting identical mills were 0.5 per cent below production; new orders were 5.0 per cent above production.
Compared to the average ,corresponding week in 19351939, production of reporting mills was 110.2 per cent above; shipments were 87.2 per cent above; new orders were 70.9 per cent above. Compared to the corresponding week in 1953, production of reporting mills was 13.8 per cent belorv; shipments were 11.8 per cent below; and nerv orders rvere14.5 per cent below.
The \\,'estern Pine Association for the week ended January 23, ll8 mills reporting, gave orders as 64,947,UJ} feet, shipments 64,62,0(n feet, and production 54,359,00O feet. Orders on hand at tl.re end of the week totaled 209.213.000 feet.
The Southern Pine Asso,ciation for the week ended Tan- uary 23, 96 units (120 mills) reporting, gave orders as 16,116,000 feet, shipments 13,829,000 feet, and production 17,612,0ffi feet. Orders on hand at the end of the week totaled 37.639.000 feet.
Association for the month of on Page 68)
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